Public Postpartum Impressions Sep 18, 2025 3 min read Please see Dr Ed's op-ed in today's Financial Times titled "Why it might be the time to repeal the Fed’s dual mandate: Should 3% be the US central bank's new inflation target?" As expected by everyone, the FOMC delivered a 25bps cut in the federal funds rate (FFR) yesterday. There was only one dissenter among the FOMC's voting members. Ed Yardeni
Paid 25 Or 50, To Be Or Not To Be? Sep 11, 2025 3 min read members Following yesterday's cooler-than-expected PPI and today's as-expected CPI, expectations are that the FOMC will cut the federal funds rate by 25 basis points on September 17, with no dissenting votes among voting members. Following today's jump in last week's initial unemployment claims, meeting participants might consider a 50-basis-point cut, but we doubt that they will opt for that, as the majority would Ed Yardeni
Public ECONOMIC WEEK AHEAD: September 8 - 12 Sep 7, 2025 3 min read On Tuesday at 10:00 a.m., the Bureau of Labor Statistics (BLS) will publish its preliminary benchmark revision for March 2025 employment data. This coincides with the release of the Quarterly Census of Employment and Wages (QCEW) data for Q1-2025. The preliminary revision will estimate how much the monthly payroll report overstated (or understated) actual job growth between April 2024 and March 2025. The final benchmark revision will be Ed Yardeni William Pesek
Paid Bond Vigilantes May Be Lurking On Easying Path Aug 12, 2025 3 min read paid The S&P 500 and Nasdaq jumped to new record highs following the release of July's CPI report today. The headline inflation rate held steady at 2.7%, while the core rate warmed a bit to 3.1%. Stock investors concluded that the Fed is even more likely to ease in September. Indeed, the CME FedWatch tool now shows that the odds of that happening are 94. Ed Yardeni
