Archive for the ‘Federal Reserve’ Category

The Atlanta Fed Wage Tracker: What’s it saying re wage growth and the Fed?

May 26th, 2016

As OTEers know, I track various measures of wage and compensation growth. Five—count ‘em!—show up in the wage mashup, recently updated. One increasingly popular series I’ve not included is the Atlanta’s Fed Wage Tracker (FWT). It’s an interesting and useful contribution, so let me make a few points about this series: what it shows, why it doesn’t… Read more

Former Federal Reserve economist Andy Levin proposes some smart Fed reforms

April 12th, 2016

At a time when many of our key institutions, especially government, are failing us, the Federal Reserve stands out as a highly functional establishment. Their insulation from overt political pressures helps a great deal, and while almost everyone, myself included, disagrees with some of their decisions, the central bank efficiently and effectively practices monetary policy… Read more