News & Events

What Is “Structural” Inflation? Pt 1: A Compelling Case Study
pm EDT| A big question for monetary policy today is whether the current bout of “inflation” is “transitory” – or “structural.” It is now pretty clear that the wave of price increases that swept...

Defeating inflation without higher unemployment is still unlikely
...ended September 23. The National Association of Realtors reports the number of home sales based on contract signings in August. Fed officials Jerome Powell, Austan Goolsbee, and Lisa Cook participate...

The Fed has a perfect interest rate in mind. Here’s what it is
New York CNN  —  There’s a star the Federal Reserve is chasing. It isn’t a celebrity or sphere of gas that dazzles the sky at night. It’s not even a visible object. “We only know it by its...

Even the Fed is cutting jobs — for the first time in more than a decade
New York CNN  —  Even as Federal Reserve Chair Jerome Powell reassures the public about the state of the US economy, the organization is quietly laying off workers at its own doorstep. The...

CloudQuant Peeks Into The Future Of Inflation: It’s Complicated
am EDT| As we digest the latest FOMC statement we scan the horizon for the latest economic data likely to impact the economy in the final quarter of the year. For a viewpoint into virtually every...

Looming Government Shutdown And Higher Interest Rates Hang Over Market
...sixth consecutive week above 7%. Higher rates are being felt in the housing market where the number of existing home sales for August came in at 4.04 million, below forecasts of 4.10 million...

The Possible Recession Is a Dueling Narratives Story
Where is the economy going? The Federal Reserve in its September 2023 meeting seemed...

It was a big week for interest rates. Here’s what you need to know
...as sales dropped Home prices continued to climb in August, even as home sales dropped, according to a monthly report from the National Association of Realtors. That’s a result of the low inventory...