Did Inflation Really Elect Trump? The Case for a Deeper…
When asked why Donald Trump won the presidency last November, most people point to inflation. That’s…
Inflation Picked Up in January, Latest BEA Data Show
Federal Reserve officials have warned that the disinflation process would be uneven. The latest data…
December Inflation Meets Expectations
The latest inflation data from the Bureau of Economic Analysis largely confirm market expectations.…
The Fed Pushes Pause
The Federal Open Market Committee announced on Wednesday it would hold its federal funds rate target…
Inflation Remained Below Target in August
"More cuts are projected for 2025, but not enough to return the stance of monetary policy to…
Fed Rate Cuts: Better Late than Never
"A 50 basis point cut in its federal funds rate target on Wednesday marks a reversal at the…
Inflation Slightly Below Target in July
"The federal funds rate target range is likely to be at least a full percentage point lower by…
Competing Narratives on Real Wages
"Democrats want to take credit for the higher real wages. Republicans want to deny that real…
Should the Fed Get Credit for Lower Inflation?
"Labor market developments cannot explain the decline in nominal spending growth. Tighter…
Inflation Remained Low in June
"Despite the progress made on inflation over the last three months, and the risk of…
