Discussion — Chair Jerome H. Powell Watch Live At the Cato Institute’s 40th Annual Monetary Conference (via livestream) With massive U.S. debt and deficits, inflation at a 40‐year high, and popular/political pressure for expanding the Fed’s mandate, it’s time to assess the Fed’s performance and future. Please join leading scholars and policymakers to discuss “The State of Monetary Policy after 40 Years.”
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Jerome H. Powell, the Federal Reserve chair, faces a challenging moment as inflation proves more durable than policymakers expected.
What to expect from the upcoming Fed meeting. Of course, the Fed decision on Wednesday, that’s at 2:00 PM, which is going to be dominating conversations all week. We’re also going to be keeping our eyes on retail sales. That’s also coming out Wednesday morning. Let’s bring in our own Alexandra Semenova for everything we need to know.
The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. Indexes are available for the U.S. and various geographic areas. Average price data for select utility, automotive fuel, and food items are also available.
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