Inflation

This is the final post in our multi-part series on the Fed's 2025 framework review and strategy for dealing with supply shocks. Part 1 discusses how the Fed can deal with tariff inflation risks, Part 2 discusses the implications of recent productivity dynamics, Part 3 discusses the Fed&

Core-Cast is our model and publication series for nowcasting the Fed's Personal Consumption Expenditures (PCE) inflation gauges. We update our estimates from CPI, PPI, Import Price, and GDP data, along with previews and final recaps. If you'd like to become a MacroSuite subscriber to get all

Overview We originally launched Employ America to confront the policy failures that plagued the decade following the Global Financial Crisis of 2008 (GFC). The failure of our policymakers to support workers and sustain aggregate demand during and following recessions had been an enduring obstacle, not just during the GFC, but

If inflation feels virtually nonexistent to some, that may soon change. The May CPI release showed a much slower pace of price increases than expected. Some of that reflects lagged effects to housing components of inflation relative to events that transpired 2-3 years ago. And it is also true that

Executive Summary Congress is considering raising the tax burden on electricity investment and production supported through tax credits (ITC & PTC) enacted in the Inflation Reduction Act of 2022 (IRA). These provisions support building generation capacity across a range of sources, including nuclear, geothermal, energy storage, wind, solar, and hydro,