The supply side: AI, immigration, and non-inflationary growth
UHERO blog post: The US economy surprised to the upside last year. Inflation receded rapidly without large-scale labor market pain. In...
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About the Economy blog
Explaining key issues that are influencing the economy's path—and policy debates—as they occur. The whole "Making Economics Make Sense" thing...
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- Jan 19
Could the markets be right about coming Fed rate cuts?
UHERO blog post: There is a marked difference between what Fed officials expect about their likely interest rate cuts this year and what...
- Dec 15, 2023
How do they measure CPI shelter inflation? How come?
by Byron Gangnes Since it keeps coming up, let me spend a few minutes explaining this. Here is a basic summary of the approach used by...
- Dec 11, 2023
The Fed's Economy: A December Pre-Meeting Update
The Federal Open Market Committee begins its last meeting of the year tomorrow in Washington, DC. Here’s the economic picture they will...
- Nov 8, 2023
When is Economic Growth too Strong?
A UHERO Blog Post To most of us, faster economic growth is a good thing. Aside from possible environmental concerns, faster growth...
- Sep 29, 2023
No credit card binge, but burdens are rising
🔸Credit card balances broke the $1 trillion mark recently, but their share of disposable income remains moderate by historical...
- Sep 19, 2023
The Fed's Economy: A Pre-Meeting Update
The Federal Open Market Committee begins its two-day meeting in Washington, DC today. Here's my take on what the Fed will be seeing when...
- Sep 7, 2023
UHERO Blog Post: Jobless claims reveal staggering employment cost of Maui wildfires
Jobless claims data provide a timely indication of the employment costs inflicted by last month’s tragic Maui wildfires, which killed at...
- Aug 31, 2023
UHERO Blog post. After the Maui wildfires: The road ahead
This collaborative UHERO report explores frameworks for assessing the devastating impacts of the Maui wildfires, their ongoing effects,...
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