Paid-members
Fedspeak Monitor
This week saw a flood of Fedspeak, with statements from nearly half the FOMC.
Federal Reserve
210 posts
Paid-members
Misled by the Phillips Curve: How Inflation Predictions Went Wrong
In a recent Barron’s article, I examined why last year’s predictions that fighting inflation would require an increase in the unemployment rate went so wrong. The flaws in these predictions can be traced back to three ideas: first, that vacancies are a good measure of labor market tightness; second
Paid-members
Fedspeak Monitor
A revamped Fedspeak table and a new direction for Fedspeak.
