From Sticky to Streaky, Inflation Looms Larger
When I flagged the core Personal Consumption Expenditures (PCE) leapfrogging over the core Consumer Price…
CME FedWatch Tool
Dr. Duru Maximum Pressure for the Federal Reserve
Investor expectations for rate cuts are rising. Consumer’s inflation fears are rising while sentiment and…
Now the Market Just Needs the Rate Cuts
There is clearly something magical in seeing an inflation measure carry a negative sign. The…
From Inflation Fizzle to Sizzle
Inflation is probably still dead, but its “stickiness” still has the potential to spook financial…
Why the Excitement? A Q&A on Monetary Policy with Generative AI
I left last week’s Federal Reserve conference call with the impression that nothing had changed.…
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…
Softening Inflation Expectations Are the Beginning Not the End of the Fed’s Hawkish Posturing
The surprisingly bad CPI report caused shockwaves throughout the stock market. Part of the shock…