How Restrictive is US Monetary Policy?

The Fed’s Challenge: Has It Hit the Brakes Hard Enough?

https://www.wsj.com/economy/the-feds-challenge-has-it-hit-the-brakes-hard-enough-a7760be6

Resilient economy weakens argument that monetary policy is too tight, but that could soon change

Related:

https://www.telegraph.co.uk/business/2024/03/15/labour-economists-rising-recession-danger-america/

 

Inflation Ticked Up Last Month, Backing the Fed’s Caution on Rate Cuts

https://www.nytimes.com/2024/03/12/business/inflation-fed-interest-rates.html

Consumer prices climbed 3.2 percent last month from a year earlier, down notably from a 9.1 percent high in 2022, but still quicker than the roughly 2 percent that was normal before the pandemic.

 

We Still Don’t Believe How Much Things Cost

https://www.wsj.com/economy/consumers/grocery-prices-inflation-coffee-milk-903aead6

The high prices of items for coffee and milk have consumers grumbling about inflation across the board, even as it has cooled