Powell: Inflation Is Uncertain and the Forecasts Lack Conviction
During his latest press conference on monetary policy, Federal Reserve Chair Jerome Powell emphasized that…
Dr. Duru Diesel Fuel Prices Surge Toward Levels Seen in the Last Two Inflation Shocks
Diesel fuel prices are rising sharply amid an energy market disruption linked to the ongoing…
The Fed’s Favorite Inflation Measure Leapfrogs the CPI
The Personal Income and Outlays for December, 2025 from the Bureau of Economic Analysis (BEA)…
San Francisco Fed’s Daly: AI’s Future Is Job Augmentation and Creation, Not Destruction
Mary C. Daly, President of the San Francisco Federal Reserve, recently visited San Jose State…
Core Inflation Softens, but the Final Mile to 2% Remains Sticky
The Consumer Price Index (CPI) rose 0.2% in January and increased 2.4% year-over-year, according to…
Australian Dollar Breaks Out As Economic Winds Blow Toward Rate Hikes
The Australian dollar (AUD/USD) in the form of the Invesco CurrencyShares Australian Dollar Trust (FXA)…
The Fed’s Labor Market Divide Is Hardening Against Rate Cuts
In “Lessons from the Fed Minutes: Why Division and Dissension Are Likely to Dominate Monetary…
Lessons from the Fed Minutes: Why Division and Dissension Are Likely to Dominate Monetary Policy in 2026
Why the Fed Minutes Matter More Than the Press Conference With so much dissension and…
Manufacturing’s Experience with Stagflation
I have speculated this year about the prospects for stagflation given sticky inflation and a…
Powell Balks At the Next Step of Hopeful Monetary Policy
When Powell announced the resumption of easing monetary policy, he said the balance of economic…