
- August 19, 2025
Does the Fed Matter Any More?
Almost everyone thinks the Fed will cut rates next month because job growth is weakening
Read moreAlmost everyone thinks the Fed will cut rates next month because job growth is weakening
Read moreSay what you will about the economy, the 2020s haven’t been boring.
Read moreWhen someone mentions inflation, economists think about indexes.
Read moreI’m not sure Fed policy really matters. We have more serious problems. And, like when a dam ruptures, they’re starting as small but relentless little cracks.
Read moreWriters who want to describe sweeping global change often quote the W.B. Yeats poem.
Read moreRemember when inflation was going to be transitory? Good times.
Read more“Out of the frying pan, into the fire” isn’t just a trite old saying. Economically, it may be a great metaphor for 2022.
Read moreThe US Consumer Price Index is up 5% since May 2020, according to data released last week. This was the largest 12-month increase since 2008.
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