by Caroline Gershell | Aug 28, 2026 | Macro
The Fed’s most valued inflation report just complicated the case for interest rate cuts, right when the central bank can least afford it. The Bureau of Economic Analysis reported this Wednesday, August 26, that the personal consumption expenditures (PCE) price index...
by Caroline Gershell | Aug 14, 2026 | Macro
On Thursday, August 13, Trump signed a proclamation imposing new tariffs on imported drones and their components, as the administration intends to boost national security and U.S. manufacturers. Drones deemed most sensitive to national security—weighing over 55 pounds...
by Caroline Gershell | Jul 24, 2026 | Macro
Tariffs have been mostly quiet since February, when the Supreme Court struck down most of Trump’s second-term tariffs. In its place, the administration put a temporary 10% tariff on many imports, which can stay in effect for up to 150 days; that window closes on...
by Caroline Gershell | Jul 10, 2026 | Macro
When the Federal Reserve announced its first policy decision since Kevin Warsh became chair on June 17, the vote was unanimous, with the committee holding rates at 3.5-3.75%. The minutes from that meeting, released on Wednesday, show that the committee agrees on...
