San Francisco Fed’s Daly: AI’s Future Is Job Augmentation and Creation, Not Destruction
Mary C. Daly, President of the San Francisco Federal Reserve, recently visited San Jose State…
Monetary Policy
Dr. Duru Australian Dollar Breaks Out As Economic Winds Blow Toward Rate Hikes
The Australian dollar (AUD/USD) in the form of the Invesco CurrencyShares Australian Dollar Trust (FXA)…
The Fed’s Labor Market Divide Is Hardening Against Rate Cuts
In “Lessons from the Fed Minutes: Why Division and Dissension Are Likely to Dominate Monetary…
Lessons from the Fed Minutes: Why Division and Dissension Are Likely to Dominate Monetary Policy in 2026
Why the Fed Minutes Matter More Than the Press Conference With so much dissension and…
Powell Balks At the Next Step of Hopeful Monetary Policy
When Powell announced the resumption of easing monetary policy, he said the balance of economic…
October Beige Book Includes Signs of Higher Price Pressures in 2026
I have taken a greater interest in the Beige Book because the Federal Reserve has…
Financing Costs Do Not Impact Calculated Inflation
The August inflation report (CPI) came in as “expected” but still hot and sticky and…
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…