Federal Reserve

Inflation & Prices

Warsh’s “Quiet Fed” Approach Adds a Hawkish Call at Jackson Hole

Photo via The Federal Reserve Bank of Kansas City

Since taking over as Fed chair in late May, Warsh has made it clear he is less comfortable providing forward guidance than his predecessor.

2 min read

Photo by Kevin Laminto via Unsplash

Inflation & Prices

Sticky Inflation Report Raises Jackson Hole Stakes for Fed’s Warsh

Consider the dream of the presumptively dovish Warsh delivering a rate cut this year now officially dead and buried (if it wasn’t already)

2 min read
Photo via Richard B. Levine/Newscom

Inflation & Prices

Sticky Inflation, Job Loss Prolong Fed’s Interest-Rate Limbo

The CME FedWatch Tool shows the market is pricing in a 60% chance the Federal Reserve holds interest rates steady in September.

2 min read
Photo via Samuel Corum/Sipa USA/Newscom

Inflation & Prices

Bond Markets Throw Shade on New Fed Chair’s Inflation Strategy as Interest Rates Hold Steady

The yield on 30-year Treasury bonds hit the highest in 19 years after Warsh spoke following the Fed decision to hold interest rates.

2 min read

Advisor Upside

Why America’s Bull Market Is Still Running, 250 Years Later

Photo by Gilles DETOT via Unsplash

While new challenges to growth may arise, America’s national spirit has been one of its most surprising superpowers

2 min read

Indicators

Don’t Blame AI for College-Grad Unemployment

Photo via Abaca Press/Douliery Olivier/Abaca/Sipa USA/Newscom

The Federal Reserve Bank of New York says remote work is a driving force behind the rise in unemployment among young college graduates.

1 min read

Consumer

Forget Eggs. Tomato Prices Swell as Inflation Hits Three-Year High

Photo by Tamara Malaniy via Unsplash

Prices for the fruits soared nearly 40% in April from a year ago, according to the latest figures from the Bureau of Labor Statistics.

2 min read

Photo via Tom Williams/CQ Roll Call/Newscom

Economics

What Is Inflation, Anyway? Prospective Fed Chief Wants to Redefine It

Kevin Warsh, President Trump’s nominee for Fed chair, wants to make big changes at the central bank. Will he succeed?

2 min read
Photo via Sha Hanting/China News Service/VCG/Newscom

Economics

How Kevin Warsh Could Reshape the Fed

During his confirmation hearing last week, Warsh hinted at an out-with-the-old-in-with-the-new approach to monetary policy.

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photos by Ljupco and Frentusha via iStock and Freepik

Real Estate

Wall Street Bonus Bonanza Flows Into US Real Estate Markets

A record year for Wall Street bonuses is driving real estate investment, from luxury coastal property to workforce housing in the heartland.

5 min read

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