Everyday Economics: Jobs, Waller and whether the Fed can thread the needle
Last week, new Federal Reserve Governor Stephen Miran defended his lone dissent in favor of faster, deeper interest rate cuts. His argument: “Nonmonetary forces” (tariffs, border and tax policy, trade renegotiation) have likely pushed the […]
Everyday Economics: Can the newly appointed Fed governor make a compelling case?
We’ll hear from several Fed officials, including Chair Jerome Powell, following last week’s decision to cut the policy rate to 4.00–4.25%. The notable subplot:...
Everyday Economics: Fed decision week: Housing, retail, and rate cut reality
This week brings critical updates on retail sales and homebuilding activity that could reshape market expectations before the Fed's pivotal rate decision.
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Everyday Economics: Why weak jobs data trumps inflation concerns for Fed policy
The August jobs report delivered a shocking blow, revealing an economy teetering on the edge of a jobs recession. Just 22,000 jobs were added...
Everyday Economics: Jobs report takes center stage in week ahead
The economy finds itself in an uncomfortable position where growth is cooling while inflation pressures intensify. The Fed's preferred inflation measure (PCE) shows core...