Hey Fed, the tightening of monetary policy ain't working. Bank lending to businesses, real estate, and consumers accelerated to a growth rate of 12.1% in December. That's the fastest calendar growth since 2006. If higher rates don't curtail long growth, history would say that the odds of securing a sustained slowdown in cyclical inflation are low. Does that mean that policy rates will have to go even higher to achieve the policymakers' desired outcome of 2% inflation? Uh-oh!.
The Fed is at "war" with itself. It says one thing when appropriate and helpful for its communication strategy and then ignores it or says the opposite when it isn't consistent with its message or sup
In February, total consumer prices and prices, excluding food and energy, rose 0.4%, resulting in the last twelve-month increases of 3.2% and 3.8%, respectively. The consumer price report is the sole
February's jobs data should eliminate any mention of faulty seasonal factors, making the employment picture look brighter than it is. In February, payroll employment increased by 275,000, with the raw