In this webinar, we will identify the areas of the country that are best- and worst-positioned in the coming months and years; discuss various themes, trends, and risks that inform our outlook for different regions; and explore what the data are telling us about what is happening in real time.
The Federal Reserve on Wednesday didn't alter its description of U.S. inflation. Policymakers still view the acceleration as transitory, but there was a big shift in the so-called “dot plot” that tracks interest-rate projections by the members of the central bank's Federal Open Market Committee.
The U.S. is experiencing cost-push inflation, which has historically proven to be more temporary than other causes, primarily demand pull.
It is a relief to see policymakers finally focus in earnest on the nation's crumbling infrastructure. But it is unnerving to see so little attention given to what may be the most critical infrastructure need of all: the nation's dire shortage of affordable housing.
The U.S. is not currently experiencing stagflation, and it's not going to over the next couple of years.
Financial markets are interpreting the minutes from the April Federal Open Market Committee meeting as being hawkish, as Treasury yields jumped following the release of the minutes.
The April U.S. consumer price index was surprisingly strong but there are no implications for the timing of the Federal Reserve's tapering of its monthly asset purchase or first rate hike.
There is a lot to like in the President's Build Back Better plan.
The U.S. economy is booming and near-term prospects have rarely been as strong.
Bond investors have come to terms with a booming U.S. economy and reflation narrative.
We assess the macroeconomic consequences of the AFP in this white paper, and find that while its near-term impacts are small, it provides meaningful longer-term economic benefits by increasing labor force participation and the educational attainment of the population.