Financing Costs Do Not Impact Calculated Inflation
The August inflation report (CPI) came in as “expected” but still hot and sticky and…
Economy
Dr. Duru August Beige Book Points Toward Higher Inflation to Come
The Federal Reserve’s August Beige Book sang a tune similar to the song from the…
Powell Places His First Step On the Stairs Of Hopeful Monetary Policy
The current adventures in monetary policy take me back to the early pandemic times when…
Powell’s Promises: Containing Tariff-Driven Inflation and Risks to Dual Mandate
Introduction: Powell’s Promises In his latest press conference on monetary policy, Federal Reserve Chair Jerome…
Tom Lee Dismisses Tariff Inflation — But Data, Theory, and Research Say Otherwise
Introduction: Tom Lee’s Non-Inflationary Thesis In a recent interview, Fundstrat Co-founder and Head of Research…
Powell vs. Waller: Divided Fed Faces Tariff-Driven Inflation Uncertainty
Monetary intrigue has emerged in the form of an apparent divide inside the Federal Reserve…
Jerome Powell: Meaningful Inflation Is Coming
The press conference for the Federal Open Market Committee (FOMC) was about as boring as…
A Calm Before Fresh Inflation Agitation?
If the Federal Reserve’s Beige Book for May, 2025 is indicative, then the soft CPI…
Inflation at Target and GDP Growth Recovery: A Comeback Case for the Australian Dollar
Over the past year, I’ve grown increasingly interested in the Australian dollar as a contrarian…
Powell’s (Not So) Hidden Plea to End the U.S.’s Tariff War
During last week’s press conference on the Federal Reserve’s monetary policy, I heard a narrative…