Fed’s Bostic: Still Comfortable Leaning Into Tight Labor Markets
I have argued for a while that as long as the labor market remains tight…
2023
Dr. Duru Reserve Bank of Australia Revives the Ghost of Inflation Past
After the Reserve Bank of Australia (RBA) decided to leave its interest rates unchanged last…
A Golden Inflation Conundrum
Last week, SPDR Gold Shares (GLD) rallied on weak inflation news and pulled back on…
Don’t Blame the Fed: The Fed Gives Us What We Want
The Fed’s risk management strategy was ostensibly designed to keep pushing rates higher until the…
An Inflation Downtrend Quickly Evaporates
Some inflation analysts have enthusiastically contorted the inflation data to dismiss today’s inflation problem and/or…
Kashkari Acknowledges the Fed’s Inflation Miss. Will the Fed Catch Easing Financial Conditions?
At the beginning of the year, Neel Kashkari, President of the Minneapolis Federal Reserve, wrote…
Did Alan Blinder Suggest the Fed Should Have Done Nothing About Inflation?
The Claim Former Fed Governor and current Princeton Economics professor, Alan S. Blinder wrote an…
Bullard Ready to Declare Partial Victory Over Inflation
James Bullard, President and CEO of the St. Louis Federal Reserve, delivered a speech today…