Critics argue that the current inflation rate is much lower than the published rate. That is true; based on the current methodology,...

Changes to the "forward guidance" of the Fed policy projections put "risk" back into investing. Before the September 19-20 FOMC meeting,...

Monetary policy is at a crossroads in what message it wants to send. Forward guidance is the Fed's communication channel about its future...

The August employment data and Q3 GDPnow estimates don't compute. In August, payroll employment rose by 187,000, wages rose 0.2%, the...