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www.soberlook.com
| | www.stlouisfed.org
2.6 parsecs away

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| | These videos provide brief, straightforward overviews of the Federal Open Market Committee's (FOMC) role in pursuing price stability and maximum employment.
| | www.minneapolisfed.org
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| | digbysblog.net
2.7 parsecs away

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| | [AI summary] The article discusses the U.S. economy's strong post-pandemic recovery, highlighting its outperformance compared to other major economies and the effectiveness of fiscal policy over monetary policy in economic management.
| | www.moneyandbanking.com
13.8 parsecs away

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| Since May 2021, we have criticized the Federal Reserves lagging response to surging inflation. In our view, both policy and communications were inadequate to address the looming challenge. Early this year, we argued that the Fed created a policy crisis by refusing to acknowledge the rise of trend inflation, maintaining a hyper-expansionary policy well after trend inflation reached levels far above their 2% target, and failing to articulate a credible low-inflation policy. Against this background, we comm...