William J. Luther
-
Financial
Inflation is Slowing. Will the Fed?
"Monetary policy works with long and variable lags. Inflation is slowing, but it will take some time to come down.…
Read More » -
Financial
What Should The Fed Do When It Hasn’t Done What It Should’ve Done?
"We are likely at the point where the risk of doing too much exceeds the risk of doing too little.…
Read More » -
Financial
Inflation Slowed in February, But Remained High
"Recent experience should prompt calls for the Fed to adopt a symmetric average inflation target when it reevaluates its mandate…
Read More » -
Financial
Fed Raises Rate, But Signals Potential Pause in May
"In 2021 they were looking for help from recovering supply chains. Now, they are looking for help from tight financial…
Read More » -
Financial
Inflation Surges in January
"How high rates will ultimately go depends on how inflation evolves over the next few months — and how quickly…
Read More » -
Financial
Is the Debt Ceiling Lunacy?
"Unconstrained politicians are likely to authorize more borrowing than they should. The debt ceiling might provide a useful—if somewhat limited—constraint…
Read More » -
Financial
Supply Constraints and Inflation, Revisited
"The Fed was late to realize nominal spending was surging and failed to correct course promptly when it realized it…
Read More »
