1 · WHAT THEY’RE ARGUING NOW, IN THEIR WORDS
“Interrogating confusion at the Fed”
Warsh says to interrogate reality. Fine. The reality of Fed comms: follow Williams for the committee view, and expect Congress to have questions of its own.Read the original ↗
2 · WHERE OTHERS STAND
No one else on the roster has written on this yet. Here is what thinkers from other perspectives are arguing this week.
3 · THE CONTEXT
Federal Reserve rate: 3.88%. Lower than in 55% of months since 1954.
Federal funds rate
Background in The BasicsThe economy and taxesHow this page works: the background profile is written once and reviewed; everything else updates automatically. What they’re arguing is quoted from the author’s own published description, never paraphrased or scored. Our standards.