Tuesday, August 19, 2025

Inflation and the Fed

Powell has used Jackson Hole to battle inflation and buoy jobs; he's now caught between both
https://www.reuters.com/business/powell-has-used-jackson-hole-battle-inflation-buoy-jobs-hes-now-caught-between-2025-08-18


Why America can’t shake off inflation
https://www.economist.com/finance-and-economics/2025/08/17/why-america-cant-shake-off-inflation
Our measure of entrenchment suggests its problem is among the rich world’s worst.

Questions for the Fed
https://www.project-syndicate.org/commentary/federal-reserve-recent-performance-raises-questions-for-next-chair-by-glenn-hubbard-2025-08
Although Donald Trump is wrong to impugn the US Federal Reserve chair's motives, the central bank has made some serious mistakes. To avoid repeating them, the next chair will have to confront fundamental questions about the institution's approach to policymaking.