You may have missed this wonderful Josh Zumbrun column in the Wall Street Journal last week: “Inflation and Unemployment Both...
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There is a new 60/40 in town, and it is the contribution to inflation from consumer demand for goods and the pandemic-broken supply...
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My views on inflation continue to evolve: I was correct in identifying inflation during the mid-2000s; during the post-crash 2010s...
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Since it is late on a Friday, I thought I might share some quick thoughts about the week. I have been wondering, more than usual,...
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Fed Chair Jerome Powell and the FOMC increased the Fed Funds Rate another 75 bps yesterday, to 3.75-4.0%. Markets have given back...
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Today and tomorrow the Federal Reserve will hold its 7th Federal Open Market Committee meeting of the year. It is given that we...
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is Mr. Market daring Jerome Powell to keep raising rates? That’s one way to read into today’s surging market...
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My colleague Ben Carlson asked the question “Why Isn’t Inflation Falling?” There are some technical explanations, but before...
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One of the really strange things about watching Federal Reserve policy is the excess of deference that is given to the Fed’s...
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One of the things we know about inflation expectations is that Federal Reserve Chairman Jerome Powell relies heavily on them. He...
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