Joey Politano on Fed Policy, Inflation, and the Current State of the US Economy
Macro Musings with David Beckworth
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Supply Chain Issues
Ilyse Hogue: Food and energy are kind of hard to forecast, but we know just by the fact that gas prices were really expensive last year, that energy prices are going to be a negative contributor in the near future. Goods is actually a really interesting one. Certain components have come down, like used cars came down a lot. But if you look at goods prices, they really just held steady over the last year or so. I think it's this weird forecast, the big forecasting era I made in a lot of senses was thinking these supply chain issues will be transitory. They'll go away relatively quickly. We've not got any relief on these idiosyncratic, like good
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