Labor Market Recap June 2024: Fed, Start Thinking About Cuts
With all of the softening in the labor market, it’s time for the Fed to actively discuss starting the process of rate normalization.
Preston Mui
153 posts
Paid-members
Fedspeak Monitor 6/29/24: The Doves are Getting Bolder
Since the June FOMC meeting and the May CPI release, there's been a noticeable shift in tone amongst the doves in the Committee.
Where High Rates are Restricting Investment
In this piece, we take a deeper dive into the finer details of the national accounts to gain some insight into how exactly monetary policy is restricting investment.
Paid-members
Fedspeak Monitor, 6/21/24
Inflation optimism among the doves is back, but the hawks will want to see many months of good inflation before they're sure.
Post-June FOMC: By Overreacting Hawkishly, the Fed Risks Being Behind the Ball
If the next month delivers either another round of soft inflation data, or a weak jobs report, the FOMC should be prepared to deliver a cut in July. If they continue to delay beginning rate cuts to gain certainty, they should consider a 50 bps cut for their first cut.
