by Richard Roberts | Apr 17, 2022 | COVID-19, FOMC, Inflation
The Federal Reserve has finally begun its long-awaited tightening cycle, raising the federal funds rate by 25 basis points in March—the first increase since 2018. This move comes as inflation, measured by the Personal Consumption Expenditures (PCE) price index, surged...
by Richard Roberts | May 22, 2021 | COVID-19, FOMC, Inflation
Under Chair Jerome Powell, the Federal Reserve continues to reassure markets and the public that the current inflationary pressures are “transitory.” This conveniently allows the Central Bank to keep interest rates low to ensure the economy is well out of...
by Richard Roberts | Mar 14, 2021 | COVID-19, FOMC, Inflation
As we move further into 2021, the economy is rebounding from the devastation of the COVID-19 pandemic. Stimulus checks, enhanced unemployment benefits, and unprecedented monetary policy actions have fueled a recovery that, on the surface, looks robust. Yet, beneath...
by Richard Roberts | Mar 18, 2020 | COVID-19, Monetary Policy, Uncategorized
As the world grapples with the rapidly escalating COVID outbreak, an unprecedented challenge is unfolding—not just in public health, but in the global economy. Governments and businesses alike are facing questions that will define the economic and financial landscape...
