Will Lower Inflation Halt Rate Hikes?
"No matter how you slice it, real rates look sufficiently restrictive to bring down inflation.…
Inflation is Slowing. Will the Fed?
"Monetary policy works with long and variable lags. Inflation is slowing, but it will take some…
Inflation Slowed in February, But Remained High
"Recent experience should prompt calls for the Fed to adopt a symmetric average inflation…
Fed Raises Rate, But Signals Potential Pause in May
"In 2021 they were looking for help from recovering supply chains. Now, they are looking for…
Inflation Surges in January
"How high rates will ultimately go depends on how inflation evolves over the next few months —…
Is the Debt Ceiling Lunacy?
"Unconstrained politicians are likely to authorize more borrowing than they should. The debt…
Supply Constraints and Inflation, Revisited
"The Fed was late to realize nominal spending was surging and failed to correct course promptly…
Headline Inflation Falls, But Core Inflation Remains…
"At this point, it seems likely Fed officials will move forward with a 25 basis point hike. But…
FOMC Ratchets Up Inflation Projection
"FOMC member projections suggest that inflation will come down only gradually over the next two…
Fed Slows Pace of Rate Hikes
"The decision FOMC members make in February will depend on the inflation data released between…
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