This article, while nominally titled “Notes on the Week Ahead”, usually detours almost immediately into other issues. However, since we’ve entered what Chairman Warsh describes as an “information-rich” period, it is worth taking a look at just what markets are likely to learn from the data and events of the next few days.
Sep 21
The PCE-CPI Gap and the Outlook for Further Fed Tightening
On balance, I don’t believe that the Federal Reserve should have raised interest rates last week. However, I must confess that there was one reference in Chairman Warsh’s press conference that left me distinctly uneasy. He noted that year-over-year inflation rates, as measured by ... Show More
12m 3s
<p>– Unemployment falls, hard...</p> <p>– ... but inflation doesn't budge</p> <p>– Armaguard on the brink and the future of cash</p> <p>– What mergers and demergers can tell us (and what they can't)</p><p>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> f ... Show More