Are Tariffs Really Inflationary?
The Trump administration’s Liberation Day tariffs were set to fully kick in on July 9, but the new…
There’s a New Sheriff at the Fed
Earlier this month, in her first public speech as the Federal Reserve’s Vice Chair for Supervision,…
Rethinking the Fed’s Framework: Lessons from the…
The paper evaluates alternative frameworks and argues that the Fed should adopt either a nominal…
Fed Holds Rates Steady Amid Economic Uncertainty
Yesterday, the Federal Reserve’s monetary policy committee kept the target range for its policy…
Waller Isn’t Flinching at Tariff Inflation —…
In a recent speech delivered in Seoul, South Korea, Federal Reserve Governor Waller offered unique…
Fed Holds Steady as Tariff Storm Looms
The Federal Reserve’s monetary policy committee left the target range for its policy rate unchanged…
Despite Uncertainty, Fed Holds Rates Steady
The Federal Reserve’s monetary policy committee left the target range of its policy rate unchanged…
Powell’s Revisionist History of Inflation Targeting
At a recent press conference, Federal Reserve Chair Jerome Powell claimed that the Fed’s flexible…
Stop Blaming Algorithms: Political Scapegoats…
According to an issue brief recently released by the Council of Economic Advisers, dynamic pricing…
Waller Explains Why the Fed is Still Raising Rates
"While Waller sees the recent slowdown in inflation as positive, he is not ready to declare…
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