There is naturally a great deal of interest in the situation of the labor market and the Fed funds rate so I thought to look at some ND labor market measures and the funds rate.
North Dakota Labor Markets & the Fed Funds Rate
Fed Funds Rate To Increase Soon
The Fed provided a clear signal about increasing interest rates in the near future. I think they are late to the party and I think there is one big reason to worry about an overshoot.
Inflation in the ND Region
Talking about inflation in the West North Central area and some issues along with that inflation.
Le morte de politique monetaire
With all respect to Sir Thomas Malory, monetary policy as an independent policy voice is dead.
Interest rate decreases are a cure in search of an ailment
A caller asked me about the necessity of interest rate decreases for the economy. I answered on air, and expand on that answer a bit here.