Fiscal Policy
May 26, 2026
High and rising federal debt, combined with concerns about policymakers’ willingness and ability to manage the government’s finances, increase the risk of a fiscal crisis in which investors demand sharply higher interest rates to hold US Treasury securities.
Tax Policy
May 26, 2026
In the next few decades, the U.S. will experience “The Great Wealth Transfer” – the largest set of intergenerational wealth transfers in history.
From Purdue Univ/CME Ag Economy Barometer today: Farmer sentiment dropped again in May as the Purdue University-CME Group…
For much of the post-Cold War era, advanced military powers pursued a common assumption: precision could substitute for…
Chicago Fed letter, by Brave, Henken, and Jolley: …we show how related daily measures of consumer sentiment can…
QCEW covered employment data through end-2025 is out. Figure 1: Nonfarm payroll employment from BLS CES (bold black),…
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