Federal Reserve Archives - The Big Picture

We spend way too much time trying to predict the future (especially this time of year). Rather than engage in futility, let’s...

Today, Jerome Powell is making the opening remarks at the 24th Jacques Polak Annual Research Conference in DC. I’ll be on...

We just experienced the strongest economic recovery since the end of World War II Source: Irrelevant Investor Light posting as...

Before yesterday’s FOMC meeting, I reiterated my view from July 2023 that this hiking cycle was – or at least should be...

Everybody is waiting with bated breath for today’s 2:00 announcement about the rates, but let me spare you the suspense:...

The September Federal Reserve meeting is behind us we still have November and December ahead of us. Markets are nervous expecting...

I have a new column out in Businessweek, just in time for the Federal Reserve meeting in Jackson Hole. It is a...

One of the more foolish arguments1 that seem to be emanating from the Fed about their intention to raise rates another quarter...

This morning, the WSJ reported that “Consumers expect to see 4.1% inflation a year from now, the lowest such reading in two...

This week saw the release of the Fed’s big annual research report, Economic Well-Being of U.S. Households in 2022....