Update on the Military Base Realignment and Closure Process
One of the strongest examples of how a commission report can overcome problems with a legislative process involves the Base Realignment and Closure...
Destroying Dollar Safe Haven Status at Breakneck Speed
Consider the ten year Treasury yield and the dollar index (DXY) over the past six months:
Figure 1: DXY (blue, left scale), and ten...
Sentiment, Confidence, News | Econbrowser
Note slight recovery in news sentiment (thru 5/18). Probably reflects some relief at the pause in higher US tariffs on Chinese goods.
Figure 1:...
Guest Contribution: “Policy Rule Evaluation for the Fed’s Strategy Review”
Today, we present a guest post written by David Papell, Professor of Economics at the University of Houston, Sebin Nidhiri and Swati Singh,...