William J. Luther
-
Financial
How Should Fed Officials Think About the Dual Mandate?
Federal Reserve officials are concerned they may soon find themselves in a tight spot. They have been tasked with delivering…
Read More » -
Financial
Despite Tariffs, Inflation Remained Low in May
New data from the Bureau of Economic Analysis confirm that inflation remained low in May. The Personal Consumption Expenditures Price…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More »