Friday’s jobs report summarized key developments on the labor front during September. Although the big miss on job creation made headlines, the key mes…
“Stagflation” is a phenomenon that has not recurred in the United States for almost a half century. It refers to the developments of 1973 - 1975 when s…
Lessons on How Global Policy is Set
For several years, I have been critical of Federal Reserve policy since the 2008 financial crisis maintaining near-zero interest rates even as the cent…
It is instructive, especially on Labor Day, to ponder over the message that the latest jobs numbers released Friday convey to financial markets. The US…
Fed Chairman Jerome Powell gave his much-awaited speech virtually at the annual Jackson Hole summit on Friday. There were no surprises, and he did not …
Inflation just doesn’t seem to want to exit center stage. If anything, inflation became a major political issue Wednesday when the President defended h…
Even as the Federal Reserve and its Chair, Jerome Powell, maintain that the surge in inflation is transitory, developments over the past week dented th…
Inflation and its impact on Federal Reserve policy and interest rates have been recurrent themes in SriKonomics pieces. There was new backing over the …
As the Federal Open Markets Committee meets next week, Chairman Jerome Powell has to decide what to say about the staying power of inflation at his pre…
SriKonomics has long maintained that continued monetary stimulus from the Federal Reserve is largely attributable to two factors — the central bank hav…
Long-dated US Treasury yields have been falling since early April as markets maintain their trust in Federal Reserve Chairman Jerome Powell’s repeated …