Expanding the Anti-Inflation Toolkit: Launching Employ America's Healthcare Program
As economic risks shift from inflation toward the labor market, the Federal Reserve has begun the process of normalizing interest rates. While inflation is certainly lower than a year ago, that doesn't mean that inflationary risks are dead, either now...
Treasury's 45X Rule is a Positive Step for a More Resilient Supply Chain
While the Inflation Reduction Act (IRA) has already successfully catalyzed investment, there is still more that it can do. Complementary policies addressing price volatility and supply chain vulnerability, as well as permitting reform and other policies, will be needed.
Labor Market Recap September 2024: Good News
Make no mistake: this is good news. The Fed has made a commitment to not allowing the labor market to deteriorate further, and we’d rather not see that commitment tested.
A 50 Basis Point Cut In September: Why We Called It And Why We Called For It
The Federal Reserve began the process of normalizing interest rates at the September 18th, 2024 FOMC meeting. While the timing of the first rate cut was telegraphed well...
August 2024 Core-Cast Post-PCE: Confirmation of What The Fed Already Saw At The September FOMC Meeting
Most of the Personal Consumption Expenditures (PCE) inflation gauges are sourced from Consumer Price Index (CPI) data, but Producer Price Index (PPI) input data is of increasing relevance,...
