Fed’s Powell Avoids the Obvious: Inflation and Interest Rate Forecasts Make Little Sense
The Federal Reserve rolled out its latest statement on monetary policy which included an updated…
PCE
Dr. Duru Despite the Inflation Celebrations, the Case Against Team Transitory Still Stands
The excitement over a slightly softer than “expected” October inflation print extended from financial markets…
An Inflation Downtrend Quickly Evaporates
Some inflation analysts have enthusiastically contorted the inflation data to dismiss today’s inflation problem and/or…
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…
The Federal Reserve Fears On-Going Inflationary Pressures from Rents
I recently complained about the Fed’s belated sense of urgency in trying to get inflation…
The Fed Asks “What Inflation?”
Last week, headlines and pundits were hot and bothered about the potential for the Federal…