Monetary Policy
100 postsPowell is Right: the FOMC Shouldn't Prematurely Endorse Gradualism
Almost as notable as the things Powell said were the things he did not. Between now and September, Fedspeak should focus on keeping the Committee’s options open to a 50 bps cut in September.
June 2024 Core-Cast Post-PCE: More Signs That Disinflationary Dynamics Remain Intact Within Q2
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,...
The Fed's Other Supply-Side Dilemma: Today's Restrictive Policies Are Deteriorating Tomorrow's Housing Supply Outlook
Today's data largely confirmed what we've known for some time now: the Fed's restrictive policies are restricting the level and growth of...
Where High Rates are Restricting Investment
In this piece, we take a deeper dive into the finer details of the national accounts to gain some insight into how exactly monetary policy is restricting investment.
