Tuesday, May 13, 2025

News and Ideas Worth Sharing

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Tag: Federal Reserve Open Market Committee

CONNECTIONS: A noble calling — hooray for local news

Let nothing more weighty than the size of a match box and the number of letters it could hold limit local news reporting in these tense times.

CAPITAL IDEAS: Interest rate whiplash

Last week the Fed pivoted so quickly that all of us watching the press conference got whiplash. The Fed went from expecting two hikes in 2019 to zero. (It did maintain its estimate of one hike in 2020.)
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But Not To Produce.