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Fedspeak Monitor 2/4/24
Statements by Bowman, Goolsbee, and Powell this week revealed little we didn't already know.
Statements by Bowman, Goolsbee, and Powell this week revealed little we didn't already know.
For decades, “jobless recovery” has been a watchword in the aftermath of each recession. But in the 1990s—and today—we saw a fully recovered labor market.
The headline January labor market data was strong, but there are still some signs of weakness under the surface.
"The Dream of the 90's" examines the macroeconomic conditions that led to strong growth in the late-1990s and what policies can revive that productivity growth today.
With lots of new data around the corner, the Fed will want to keep its options open.