โข
Hiring is slowing and consumer sentiment is souring, but households and small firms are responding positively to a pause in tariff escalations. The US economy is balancing on a narrowing ledge.
โข
The Federal Reserve board isn’t committing to rate cuts, voting to holding its policy interest rate at 4.25 to 4.5 percent. As inflation and employment trends stabilize, caution is warranted.
Central bankers are in a pickle. But the current, frustrating tradeoffs result from short-sighted fiscal policies of the past.
โข
Disinflationary momentum is building, increasing the likelihood of rate cuts this year. Tariff risks and corporate pricing warnings persist.
By undershooting its inflation target after clearly stating it would not do so, the Fed risks surprising the publicโand perhaps triggering a recession.
โข
Modern physics has managed to turn lead into gold. Is the end of scarcity in sight? Look to oil, rubber, and diamonds for clues.
The Fed should seek to avoid its recent mistakes, and keep nominal spending on a stable trajectory. FOMC predicts rates will be 50 basis points lower by the end of 2025.
Energy costs prices pushed prices up, but the money supply is probably increasing as fast as it ought to.
โข
Tariffs pushed some prices up in April, but falling service costs and an uncertain outlook make the inflation picture much murkier.
โข
The Fed seems confident it can hold inflation near two percent, but the full impact of tariffs on prices and employment remains unknowable.
โข
Hiring is slowing and consumer sentiment is souring, but households and small firms are responding positively to a pause in tariff escalations. The US economy is balancing on a narrowing ledge.
โข
The Federal Reserve board isn’t committing to rate cuts, voting to holding its policy interest rate at 4.25 to 4.5 percent. As inflation and employment trends stabilize, caution is warranted.
Central bankers are in a pickle. But the current, frustrating tradeoffs result from short-sighted fiscal policies of the past.
โข
Disinflationary momentum is building, increasing the likelihood of rate cuts this year. Tariff risks and corporate pricing warnings persist.
By undershooting its inflation target after clearly stating it would not do so, the Fed risks surprising the publicโand perhaps triggering a recession.
โข
Modern physics has managed to turn lead into gold. Is the end of scarcity in sight? Look to oil, rubber, and diamonds for clues.
The Fed should seek to avoid its recent mistakes, and keep nominal spending on a stable trajectory. FOMC predicts rates will be 50 basis points lower by the end of 2025.
Energy costs prices pushed prices up, but the money supply is probably increasing as fast as it ought to.
โข
Tariffs pushed some prices up in April, but falling service costs and an uncertain outlook make the inflation picture much murkier.
โข
The Fed seems confident it can hold inflation near two percent, but the full impact of tariffs on prices and employment remains unknowable.
By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact