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Weekly Economic Commentary

Ten days after Fourth of July, the fireworks continue with the testimony of new Federal Reserve Chairman Kevin Warsh before the House Financial Services Committee (July 14) and the Senate

Weekly Economic Commentary

Summer is a remarkably busy season in monetary policy circles. While legislators may take long vacations (one exception being Britain this year, where the prolonged transition to a new Prime

Weekly Economic Commentary

As the US looks forward to a week of celebrations of the 250th Anniversary of its founding, it also takes a step into the second half of an extremely tumultuous

Weekly Economic Commentary

Note: It is with great sadness we learn this week of the death of Alan Greenspan, Chairman of the Federal Reserve from 1987 to 2006. His tenure as Chairman was

Weekly Economic Commentary

The intersection of a possibly seminal Federal Open Market Committee (FOMC) interest rate meeting this week with the signing of a Memorandum of Understanding (MOU) to end the US conflict with Iran

Weekly Economic Commentary

US job growth in May was unexpectedly strong. Although the Federal Reserve says it continues to worry about the downside on US labor markets, it’s the upside on inflation commanding all the

Weekly Economic Commentary

Confidence in the durability of US labor markets seems to be rising, despite the extreme anxiety in many quarters over the role of artificial intelligence. Recent speeches by Federal Reserve

Weekly Economic Commentary

Have rising bond yields forced action on the Strait of Hormuz when rising consumer inflation rates couldn’t? If so, it wouldn’t be the first time that bond markets flexed their muscles, and it won’t be the

Weekly Economic Commentary

The world may not be awash in oil and gas right now, but there is a healthy supply of ministerial- level meetings discussing the oil and gas problem. Most of

Weekly Economic Commentary

The healthy US job growth reported on May 8— not only the 115,000 net new jobs created but also the distribution of those jobs across a number of economic sectors — has