Updated from my previous post on “The inflation metrics that could give Warsh room to cut rates” If you’ve followed Kevin Warsh long enough then his views on inflation should not surprise you. His first interest-rate decision as Fed chair has a clear message: rate cuts are no longer the central bank’s base case. The…
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The inflation metrics that could give Warsh room to cut rates
Kevin Warsh’s preferred inflation measures run well below the core PCE. A shift to a new and alternative inflation measure means strengthening the case for earlier interest rate cuts.
The rising cost of U.S. debt and why it only gets bigger
The current gross U.S debt stands at $39 trillion, which experts say is not the real problem. Instead, its the current path Congress has taken of spending more than taking in which seems “not sustainable.”
Why UAE leaving OPEC matters, in 2 charts
OPEC is no stranger to exits. But UAE’s exit could mean a fundamental geopolitical shift in the Middle East (and the oil markets).