#federalreserve

Lies – It’s All Lies

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This post originally appeared on February 13, 2023 On Friday, after the close, the US Bureau of Labor Statistics revised the December CPI number. People hoping for a Federal Reserve “pivot” to lower interest rates have been focused on the month to month CPI to get a sense of any short-term change in the direction … Read more

Politics and the Fed – More Praise?!

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We’ve been justifiably critical of the Federal Reserve for over a year now, and long-time readers know that while DKI regularly engages on policy, we don’t take political positions.  Still, we’ve noticed an interesting pattern and thought it was worth pointing out to you. Austan Goolsbee, who was an economic advisor to President Obama, is … Read more

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