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Stay-At-Home Macro
My goal is to make the world of economic policy and macroeconomics more accessible.
By Claudia Sahm · Hundreds of paid subscribers
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Let me read it first
Don't make the Fed go it alone on inflation
The Fed is raising interest rates to cool off demand and bring inflation down. That's trading one hardship for another. The White House and Congress must get in the game and fight inflation too.
Jun 26
8
2
Congress and the White House must 'move heaven and earth' to get gasoline prices down!
Gas is $5 a gallon. That's a dollar and half more than before Putin invaded Ukraine and two and half more than when the pandemic began. It's time to act, not make excuses.
Jun 17
16
7
The dark side of a data-driven Fed
Data are central to Fed policymaking, and that's a good thing. However, data are imperfect and do not speak for themselves, so sometimes they lead us astray.
Jun 27
4
2
In Fed we trust
The least democratic institution in the government is the only one trying to bring down inflation. That's far too risky. Congress and White House must do more.
Jun 16
15
3
Most popular
Let's get real: the American Rescue Plan was the best economic policy in forty years
29
13
Emily Oster is making strong claims about Omicron and schools based on weak data
16
10
We are not in a recession, nor is one inevitable.
31
19
$1 trillion in checks and 5% inflation. Worth it!
23
5
Who should get a $1,400 check?
25
12
What to expect when you're expecting inflation?
11
5
See all popular
New
Community
We are not in a recession, nor is one inevitable.
Americans are rightly angry about inflation. A strong labor market is not enough reason to celebrate. But, we are coming out of, not going into the…
Jun 7
31
19
Unemployment affects everybody too
Inflation is high, and unemployment is low. What does that mean for Americans? If you listen to the talking heads, you’d think it’s all about inflation…
May 23
7
4
What's up with inflation? And how can we do better next time?
Inflation is near a forty-year high, and unemployment is near a fifty-year low. For months, experts have debated why inflation is high and what to do…
May 19
9
8
Fed Chair Powell's press conference is your best chance at understanding where the Fed is headed
Inflation is high. To bring it down, the Fed will raise its policy interest rate by 1/2 percentage point next week and then do the same in July. Next…
Jun 9
4
1
Looking for your feedback
Help me make my Substack better for you.
Jun 1
12
12
Lessons from the 1960s for the Fed?
Many economists view the 1960s as a ‘missed opportunity’ to contain rising inflation before it became entrenched in the 1970s. But, it's unclear how…
May 31
2
2
Is inflation coming down in a "clear and convincing" way?
Inflation, excluding food and energy, has cooled some in the past three months through April. That's encouraging, but it ain't good enough.
May 27
3
1
Part 3: The new leaders for the Fed, Governor Lisa Cook
Last week the Senate confirmed Lisa Cook to serve as a Governor at the Board. She is an excellent addition to the team and it's important we understand…
May 17
12
1
See all
Most popular
Let's get real: the American Rescue Plan was the best economic policy in forty years
29
13
Emily Oster is making strong claims about Omicron and schools based on weak data
16
10
We are not in a recession, nor is one inevitable.
31
19
$1 trillion in checks and 5% inflation. Worth it!
23
5
Who should get a $1,400 check?
25
12
What to expect when you're expecting inflation?
11
5
See all popular
Stay-At-Home Macro
My goal is to make the world of economic policy and macroeconomics more accessible.
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