Monetary Policy
100 postsA 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...
What Should Be At Stake On Jobs Day: Sufficient Conditions For Frontloading Interest Rate Cuts
We see two individually sufficient conditions for the Fed to proceed with a frontloaded interest rate cut in September above 25 basis points: either (1) the unemployment rate...
Booming Productivity & Participation Alongside Slowing Income Growth: How The Labor Market Has More Than Rebalanced
Thanks to outperforming supply-side dynamics, the labor market has already rebalanced. At the same time, income growth is still decelerating and the lagging bits of the inflation overshoot...
