Bob Murphy: Where Monetarism Goes Wrong
Jeff Deist and Bob Murphy discuss monetarism, and the differences between the Austrian and Chicago schools.
The Fed
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Charles Evans: The Risk of Deflation
Charles Evans spoke on Friday and expressed his fear that the inflation outlook had risk on the downside.
Money-Supply Growth Fell to an 8-year Low in March
March's year-over-year percentage increase in the money supply hit a 103-month low of 5.9 percent.
More Fed Talk: Mester, Kashkari, Rosengren
Fed members Mester, Kashkari, and Rosengren all gave speeches early this week. Here is what they said.
Fed Speeches: What They Said
Friday featured a handful of Fed member speeches. Here is a summary of what they spoke about.
FOMC Keeps Rates Steady
Today's FOMC meeting announcement has the Fed keeping rates unchanged and dismissing a weak Q1 GDP number as merely "transitory."
From 0.2% to 4.3%: Atlanta Fed GDP Forecast
The Atlanta Fed's GDP growth forecast has jumped 22X since last week, as they anticipate a booming economy in Q2 that clearly did not materialize in Q1.
BEA Releases Q1 GDP: 0.7%
The BEA released advanced data for 2017's first quarter GDP, reporting a low 0.7%. This is the worst reading in 3 years. The narrative is coming undone.
Atlanta Fed Cuts Q1 GDP Forecast
Once again the Atlanta Fed's GDPNow forecasting model has been cut, reflecting a sharp challenge to the Fed's "healthy economy" narrative.
Gary Cohn for Fed Chair?
Wall Street rumors are swirling that former Goldman CEO Gary Cohn could replace Janet Yellen as Fed Chair.
