Inflation

Last month, Senator John Kennedy (R-LA) introduced the Same Care, Lower Cost Act, which would direct the Secretary of Health and Human Services to implement site-neutral Medicare payments. Due to the breadth of services where payments could be made site-neutral under the Act, it is one of the most ambitious

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

This is the third post in our multi-part series on the Fed's 2025 framework review. Part 1 can be found here and Part 2 can be found here. The Fed has an opportunity to learn valuable lessons and apply those lessons in a forward-looking manner. By revising its

Many thanks to Pavan Venkatakrishnan, James Hewett, and Alex Turnbull for their thoughtful contributions to this piece. Introduction The House Ways and Means Committee has proposed rescinding hundreds of billions of dollars in energy tax credits established by the Inflation Reduction Act (IRA). One critical — and largely overlooked — casualty of