“As good as it gets?” In his latest FedWatch, ITR Economics’ Brian Beaulieu looks at the recent inflation rates and what that means for short interest rates when the Fed meets this week….and how long we can count on this level of short-term interest rates…or long rates that impact homeownership and long-term capital investment. Mr. Beaulieu says it’s time to think strategically because when it comes to interest rates, 2025 may be “as good as it gets.”
US Economy Soaring (versus everyone else): Businesspeople understandably fret about the economy as it’s the water we all swim in and no one person can do much to influence it. But it’s important not to let understandable anxiety blind us to the facts. ITR Economics’ Lauren Saidel and Lyndsay Wornham share hard data about the US economy since 2019 and conclude that the US Economy is soaring, compared to everyone else.
An Irresponsible Addiction: We’re hearing a lot about the newly created DOGE (Department of Government Efficiency) to be co-chaired by Elon Musk and Vivek Ramaswamy. In an earlier post, economist Brian Wesbury unpacked the various types of government spendings and challenges of reducing each. In a new post, he explores why the economy grew despite the Fed’s tighter monetary policy…and what happens to that growth if government spending is reduced. A very interesting article about how interest rates, productivity and deficits interact. Check out “Irresponsible and Addictive Deficits”
