U.S. inflation steady in July as tariffs keep prices elevated
The Labor Department reported that U.S. inflation remained stable in July, with consumer prices rising by 2.7% compared to last year| ASBN Small Business Network
U.S. consumer confidence dipped in August as concerns over the labor market, high prices, and tariffs continued to shape Americans’ economic outlook The Conference Board reported Tuesday that its consumer confidence index fell to 97.4 in August, down from 98.7 in July. While the decline was modest and aligned with economists’ expectations, the index has […]| ASBN Small Business Network
The Labor Department reported that U.S. inflation remained stable in July, with consumer prices rising by 2.7% compared to last year| ASBN Small Business Network
The Federal Reserve voted to hold its benchmark interest rate steady for the fifth time this year, keeping it in the range of 4.25% to 4.50%.| CBT News
On September 14, I had the opportunity to present a guest lecture to Professor Rich Clarida’s Columbia SIPA course on Global Monetary Policy in the 21st Century. My lecture was entitled, How Aggressively Did the Fed Stabilize the Economy Pre-ZLB? (Here’s a link to the slides.) My talk looked into how aggressively the Fed acted … Continue reading Guest lecture: How Aggressively Did the Fed Stabilize the Economy Pre-ZLB?→| John Roberts Macroeconomics
Over the coming year, the Fed will be reviewing its framework for setting monetary policy. In their previous policy review, which wrapped up in August 2020, the Fed adjusted its framework to address the low-interest-rate environment of the 2010s. The past few years have of course presented the different set of challenges related to high … Continue reading Toward a more robust Federal Reserve policy framework→| John Roberts Macroeconomics
