The Fed

Status of the Supplemental

Update 773  — Supplemental’s Status, Roundup of Week’s Other Developments It isn’t the express train but the long-lingering local that the $95 billion international assistance package, originally requested by the administration over six months ago, is riding en route to the finish line in Congress. Once enacted, the White House will sign and herald most …

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Fed Set to Pause Past March;When Does “Higher for Longer” Go Too Long?

Update 751 — Fed Set to Pause Past March;When Does “Higher for Longer” Go Too Long? This week’s meeting of the Federal Reserve was not considered “live” — as another pause in rates was universally expected. Indeed, the Fed held rates steady today at the 5.25 to 5.50 percent target level, the peak at which …

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Update 711 — Don’t Believe in More Hikes? Fed Ready to Run Lag Risk while Prices Drop

Update 711 — Don’t Believe in More Hikes? Fed Ready to Run Lag Risk while Prices Drop The effectiveness of Fed monetary policy — hikes totaling 525 basis points over the last 16 months that have brought inflation down 6.09 percentage points since its June 2022 peak — raises the question: how do we know …

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Fed Review of its SVB Oversight

Update 687: Fed Review of its SVB OversightWhat to Look, Hope for in Friday’s Report Much of Washington is standing by for a vote planned later today on Speaker McCarthy’s “Limit, Save, Grow” bill to extend the debt limit for less than a year in exchange for innumerable and devastating fiscal concessions by the Democrats. …

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