What I’ve Learned From Watching Powell’s Inflation Fight
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Read MoreThe Fed is ‘being backed into a corner’ to take a firmer policy position: Stifel’s Lindsey Piegza
The Fed Is Frustrated That Its Five-Year Plan Isn’t Working
The CPI rose 3.7% last month, or was it 2.7%, or 3.3%? Do serious people actually care about a government-constructed basket of goods billed to provide information about market prices? Apparently they do care, judging by the attention paid. Economic archeologists in future centuries will surely marvel at the simple minds who populated the economics profession.
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