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FOMC's Message: High For Longer
Fed· · 2 min read ·Members

FOMC's Message: High For Longer

The FOMC’s latest Summary of Economic Projections (SEP) released today shows that the median forecast of the federal funds rate (FFR)…

DEEP DIVE: Inflation: The 1970s Again?
Deep Dive· · 6 min read ·Members

DEEP DIVE: Inflation: The 1970s Again?

US Economy I: Raising Odds of a Recession a Tad On July 31, Debbie and I lowered our odds of a recession.…

Market Call: September Isn't Over Just Yet
Market Call· · 2 min read

Market Call: September Isn't Over Just Yet

September is usually a nice month weather-wise. After the dog days of summer, the temperature starts to cool with occasional hot spells…

The Economic Week Ahead: September 18-22
Fed· · 2 min read ·Members

The Economic Week Ahead: September 18-22

The Dot Plot thickens! Other than another FOMC meeting, it's a slow week ahead for economic indicators. The committee'…

Action Packed Week
Inflation· · 2 min read ·Members

Action Packed Week

It certainly has been an action-packed week so far, and there is still Friday to go. Today, the ECB raised its official…

Inflation Is Still Cooling
Inflation· · 2 min read ·Members

Inflation Is Still Cooling

Today's CPI report suggests that inflation is continuing to cool. That's not a new development so the financial…

Market Call: Waiting For The Verdict
Market Call· · 2 min read ·Members

Market Call: Waiting For The Verdict

The S&P 500 has been marking time recently around its 50-day moving average waiting for a verdict (chart). The jury…

The Economic Week Ahead: September 11-15
Week Ahead· · 2 min read

The Economic Week Ahead: September 11-15

This could be a big week for the stock and bond markets. There will be lots of market-moving inflation indicators: Inflation expectations…

Dr Ed's Video Webcast 9/8/23
Video Webcasts· · 1 min read ·Members

Dr Ed's Video Webcast 9/8/23

What would it take for the Fed to abandon its hawkish stance? Three things, suggested Fed Chair Powell’s recent Jackson Hole…