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Skanda Amarnath

Executive Director skanda@employamerica.org

About

As co-founder and Executive Director of Employ America, Skanda both leads our economic policy advocacy and ensures the long-term sustainability of the organization. Skanda’s commitment to our mission of full employment informs all of his work, from regular analyses of price and jobs data, to interpreting and forecasting market conditions, to developing new frameworks for Federal Reserve policy, strategy, and communication.

Skanda draws on a foundation of knowledge and career experience at the intersection of finance and policy. He was Vice President at MKP Capital Management operating as a market economist and strategist, and previously served as an Analyst within the Capital Markets function of the Research Group at the Federal Reserve Bank of New York. He has undergraduate degrees in Applied Mathematics and Economics from Columbia, and holds a Juris Doctor degree from Columbia Law School.

A frequent media guest and commentator, Skanda has been featured or quoted in the New York Times, the Atlantic, Heatmap News, Politico, Vox, the Wall Street Journal, Forbes, the American Prospect, the Washington Post, and more. He is also a regular contributor to Bloomberg’s Odd Lots newsletter. Skanda is based in Jersey City, NJ, and enjoys cooking, tennis, and cycling in his spare time.

Skanda Amarnath's Work

692 Posts
Skanda Amarnath

Welcome to our State Space series. Here you will find how we’re thinking about the pathways and scenarios that could take us to critical economic states.

Core-Cast is our nowcasting model to track the Fed's preferred inflation gauges before and through their release date. The heatmaps below give a comprehensive view of how inflation components and themes are performing relative to what transpires when inflation is running at 2%. If you are interested in

Core-Cast is our real-time nowcasting model that tracks the Fed's preferred inflation gauges before and through their release date. Most of the Personal Consumption Expenditures (PCE) inflation gauges are sourced from Consumer Price Index (CPI) data, but translation from CPI to PCE must be done with care. Meanwhile,

We're doing the dirty work of translating inflation inputs into PCE in real-time for you. There are some dark parts of PCE not related to CPI and PPI; we'll be back with an update when PCE is released. The associated heatmaps are dense, but they aim

Retail sales showed strength in January. As a proxy for gross labor income trends, it confirms both (1) the resilience we're seeing in the labor market and (2) the amplified role of residual seasonality (December understates growth, January overstates/rebounds). Real-time data-watching was already complicated enough due to

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