The State Space: Mid-March Update
Welcome to our State Space series. Here you will find how we’re thinking about the pathways and scenarios that could take us to critical economic states. We will never settle for "it's too unlikely." We try to...
Labor Markets
129 postsThe State Space: Mid-March Update
Welcome to our State Space series. Here you will find how we’re thinking about the pathways and scenarios that could take us to critical economic states. We...
Prescriptive View: The Fed Should be Explicit About How Interest Rates Work
It has now been almost exactly one year since the Fed started raising interest rates to combat inflation. When they started raising rates, the unemployment rate was at...
Disinflationary Dynamics: Beyond Unemployment
At the Senate Banking Committee’s Humphrey Hawkins hearing on Tuesday, Senator Warren questioned Chair Powell about the implications of the Fed’s projections for unemployment, which call...
