World Perspectives

Biden’s Food Burden

There were mixed reactions to today’s CPI report for September, though it pushed Wall Street into its first sell-off in four days. U.S. core inflation, stripping out food and energy, dropped slightly last month, though the overall rate stayed steady at an annualized 3.7 percent. That is slightly higher than the 3.6 percent expected by surveyed economists. How should that be interpreted? Minutes from the September Federal Open Markets Committee that sets interest rates indicate members desire to see more data showing inflation is abating. Here is how major newspapers interpreted today’s inflation report: New York Times: the latest evidence that inflation is continuing to fade toward the Federal Reserve’s goal Washington P...

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From WPI Consulting

Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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