Is the Fed Behind the Curve?

The Fed Is Behind the Curve on Cutting Interest Rates
https://www.wsj.com/opinion/the-fed-is-behind-the-curve-on-cutting-interest-rates-2dbe71ac
Its flawed models depend on slowing growth to avoid overheating the economy. 

The Case for Rate Cuts Is Growing
https://www.wsj.com/economy/the-case-for-rate-cuts-is-growing-4eb75bc1
Tariff inflation has been muted, and cracks are appearing in the labor market. 

Why the Federal Reserve risks falling behind the curve as recession fears rise by Vivekanand Jayakumar, The Hill. May 10, 2025
https://thehill.com/opinion/5292727-data-confusion-market-challenges/

Trading with China

Trade With China Is Becoming a One-Way Street
https://www.wsj.com/economy/trade/china-us-export-market-222ebc3a
Trump is trying to further open up China’s market to U.S. companies as Beijing’s appetite for the rest of the world’s exports is diminishing. 

Asset Management Sector in India

India’s wealth boom is within reach for foreigners
https://www.reuters.com/commentary/breakingviews/indias-wealth-boom-is-within-reach-foreigners-2025-06-11/ 

Oil Supply and Geopolitics

An Israel-Iran War May Not Rattle the Oil Market
https://www.bloomberg.com/opinion/articles/2025-06-13/an-israel-iran-war-may-not-rattle-the-oil-market
Abundant supply means the conflict may not worry crude — at least for the time being. 

Oil in the new age of volatility
https://www.ft.com/content/1a5c8449-69b6-4be6-acce-11d4e273da6c

Petrostate America
https://www.foreignaffairs.com/united-states/petrostate-america
The Downsides of Energy Independence.

The Sad Decline of English Literature

English literature’s last stand
https://www.newstatesman.com/culture/books/book-of-the-day/2025/06/stefan-collini-review-english-literatures-last-stand 

The Inflation Puzzle

Where’s the Inflation from Tariffs? Just Wait, Economists Say.
https://www.nytimes.com/2025/06/13/business/economy/tariff-trade-war-inflation.html
Are predictions for a jump in consumer prices too early, or just wrong?
 
Why Is Inflation Defying Tariff Fears?
https://www.bloomberg.com/opinion/articles/2025-06-11/why-is-inflation-defying-tariff-fears
It’s still early to say that Trump’s levies won’t fan prices, but the Fed’s stewardship and softening consumption are helping to buffer the impact.
 
Trump’s tariffs have so far caused little inflation
https://www.economist.com/finance-and-economics/2025/06/05/trumps-tariffs-have-so-far-caused-little-inflation

The Fog of Trade War Is Causing Confusion About Price Increases
https://www.wsj.com/economy/consumers/why-did-that-price-go-up-welcome-to-the-fog-of-trade-war-ae605e9c
Americans are trying to size up whether tariffs really are behind certain price hikes.

Economics as a Science

Harvard economist Greg Mankiw:
https://www.wsj.com/opinion/is-economics-a-science-what-would-einstein-say-hennessey-vance-mankiw-luskin-12a9ee88
I always find it amusing when people assert that economics isn’t a science. Such statements suggest that they don’t know what scientists do. Here’s a reminder: Scientists observe the world. They develop theories that aim to explain what they see. They collect data to test their theories and reject those that don’t conform to the data. They try their best to put aside ideological preferences and preconceived notions. Most important, they always remain open to changing their minds when presented with better theories or new data. This approach can be applied whether one is studying apples falling from a tree or gross domestic product fluctuating over time. As Albert Einstein put it: “The whole of science is nothing more than a refinement of everyday thinking.”