Paid-members
Fedspeak Monitor 2/18/2024: Daly Sounds Dovish Again
In an extended conversation at NABE on Friday, Daly provided a lot of insight into her thinking. There was a lot to like in her answers.
Preston Mui
131 posts
Paid-members
Fedspeak Monitor 2/10/24
The rest of the committee speaks in a near-unified voice: we can be patient with cuts.
The Dream of the 90's, Part V: How to Return to Productivity Growth Today
Whether or not we see another boom in productivity is a question of policy, not a question of fate.
The Dream of the 90's, Part IV: Gas in My Tank Feels Like Money in the Bank
Tight labor markets and strong investment are crucial to securing the three-legged stool of productivity growth, but a stable supply of the essentials may be the most important to focus on today.
The Dream of the 90's, Part III: Boom Goes the Fixed Investment
The second leg of the productivity growth stool is a boom in fixed investment. This is the heart of productivity growth in many ways, and is critical to achieving disinflationary dynamics over the medium term.
