William J. Luther
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Financial
Inflation Remained Low in April, But How Long Can Monetary Policy Remain Tight?
Will the Federal Reserve undershoot its inflation target this year? The Personal Consumption Expenditures Price Index (PCEPI) grew at an…
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Financial
When Will The Fed Cut Interest Rates?
The latest data from the Bureau of Labor Statistics confirm that the Federal Reserve has made a lot of progress…
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Financial
Termination Day at the Fed? Probably Not
President Trump is not happy with Federal Reserve Chair Jerome Powell. With the economy likely to slow under the weight…
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Financial
Inflation Remained Elevated in February
The professional forecasters were right: inflation remained elevated in February. The Personal Consumption Expenditures Price Index (PCEPI), which is the…
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Financial
The Tariff Trade-Off Many Economists Ignore
At its core, economics is about making choices. We face trade-offs. If you want more of this, you must give…
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Financial
Did Inflation Really Elect Trump? The Case for a Deeper Economic Frustration
When asked why Donald Trump won the presidency last November, most people point to inflation. That’s understandable. Prices soared under…
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Financial
Inflation Picked Up in January, Latest BEA Data Show
Federal Reserve officials have warned that the disinflation process would be uneven. The latest data from the Bureau of Economic…
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Financial
December Inflation Meets Expectations
The latest inflation data from the Bureau of Economic Analysis largely confirm market expectations. The Personal Consumption Expenditures Price Index…
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Financial
The Fed Pushes Pause
The Federal Open Market Committee announced on Wednesday it would hold its federal funds rate target at 4.25 to 4.5…
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Financial
Fed Rate Cuts: Better Late than Never
"A 50 basis point cut in its federal funds rate target on Wednesday marks a reversal at the Fed." ~William…
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