Paid-members
Fedspeak Monitor 2/18/2024: Daly Sounds Dovish Again
In an extended conversation at NABE on Friday, Daly provided a lot of insight into her thinking. There was a lot to like in her answers.
In an extended conversation at NABE on Friday, Daly provided a lot of insight into her thinking. There was a lot to like in her answers.
The rest of the committee speaks in a near-unified voice: we can be patient with cuts.
Statements by Bowman, Goolsbee, and Powell this week revealed little we didn't already know.
The productivity data is messy and often should not be taken at face value. Our "Cautious Case For Productivity Optimism" in the summer of last year...