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Explaining key issues that are influencing the economy's path—and policy debates—as they occur. The whole "Making Economics Make Sense" thing...

Byron Gangnes

Jun 12, 20234 min read

Enough labor market progress for the Fed?

There has been mixed progress in reducing labor market tightness. Will it be enough to prevent a Fed rate hike?

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Byron Gangnes

Jun 5, 20231 min read

Are you diffused?

Out today is the Institute for Supply Management's® Services Purchasing Managers Index (PMI®). A good opportunity to discuss diffusion...

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Byron Gangnes

Jun 2, 20232 min read

Labor Market Pop

Continuing in the “pick a survey, any survey” vein, labor market data out today are playing different tunes, depending on what you are...

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Byron Gangnes

May 26, 20230 min read

UHERO Blog post. Is inflation going the Fed’s way? Depends where you’re looking.

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Byron Gangnes

Apr 28, 20234 min read

Why the Fed should pause, and why it won't

The Federal Open Market Committee meets next week. Financial markets overwhelmingly expect a quarter point hike in the federal funds...

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