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Economy
CPI Breakdown: Outliers Drive a Stunning Core Inflation Miss
Okay, I will admit that I came into today thinking ‘this is one of the more low-stress releases in quite a while. We know headline…
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Warsh Testimony, Iran Escalation Set to Drive Markets During Busy Earnings Week
Key HighlightsU.S. consumer inflation cooled in June, with the Bureau of Labor Statistics reporting headline fell 0.4%…
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Federal Reserve Board – Minutes of the Board’s discount rate meetings on June 8 and June…
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Speech by Governor Barr on artificial intelligence
I am grateful for the opportunity to speak to you.1 Our focus in this…
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Favorable CPI and PPI Reports Could Confirm Inflation Is Cooling
Inflation will return front and center this week with the announcement on Tuesday and then the on Wednesday. I am expecting very…
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Optimistic Investors Look Past Strait of Hormuz Tensions as Oil Prices Rise
As the standoff in the Strait of Hormuz continues, oil prices rise but are still far from the worst we saw early in the conflict.…
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Speech by Vice Chair for Supervision Bowman on modernizing financial regulation
Good morning. It is a pleasure to join you this morning.1 Today, I would…
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AI Capex Risk Cuts Both Ways in the American Economy
Just over a year ago, I made the case that the deficit narrative would find its cure in artificial intelligence. Goldman Sachs has since…
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Fed’s Ambiguous Guidance Clouds Rate Outlook
The FOMC released the from Chair Warsh’s first meeting on Wednesday, and the best word to describe the Fed’s advice is “ambiguous.”…
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