Feds articles
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The March CPI, the Inflation Picture, and the Fed
The higher than expected March CPI released on Wednesday freaked everyone out and got the markets convinced we will see fewer, if any, interest rate cuts this year. I have never been a Fed tea leaf reader, and am not about to change professions now, but it will be bad news if the Fed puts More
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How the Fed Keeps Getting Inflation Wrong
Today on TAP: More than 400 economists work for the Federal Reserve Board. Far too many are intimidated by the echo chamber of bad economics created by Chair Jay Powell.
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Why the March CPI Is Looming So Large for the Fed
Officials appeared willing to look past firm inflation readings earlier this year.