David Altig
David Altig's Latest Articles | 54
In the Interest of Precision
As you may have heard, the minutes of the December 13 meeting of the Federal Open Market Committee (FOMC) contained the news that, starting with this month’s... Read »
Uncertainty about Uncertainty
One of the hotly debated issues among those debating policy in the pages of various Fed publications (virtual and otherwise) is why job creation in the United States... Read »
Maybe This Time Was At Least A Little Different?
Earlier this week, Derek Thomson, a senior editor at The Atlantic, began his article “The Graph That Proves Economic Forecasters Are Almost Always Wrong”... Read »
The Ongoing Lender of Last Resort Debate
Two days do not a policy success make, and it is a fool’s game to tie the merits of a policy action to a short-term stock market cycle. But at first blush... Read »
The Postrecession Job Picture
There is not much to be said about the August employment report released last Friday—or not much good, anyway. The ongoing updates at Calculated Risk provide a... Read »
The GDP Revisions: What Changed?
Prior to the U.S. Bureau of Economic Analysis’s (BEA) benchmark gross domestic product (GDP) revisions announced three Friday’s ago, we were devoting... Read »
Is the Economy Hitting Stall Speed?
The news that the U.S. economy is not only growing slowly but has grown more slowly than anyone even knew has justifiably rattled some nerves. The sentiment is captured... Read »
Economic Recovery: Lots of Ground to Cover
In my last post I noted that the pace of the recovery, now two years old, is in broad terms similar to that of the first two years of the previous two recoveries.... Read »
Core Cuts Both Ways
With the six-month average of annualized headline inflation running just over 5 percent, this Wednesday’s consumer price index (CPI) report looms a little... Read »
“Secret Loans” That Were Not So Secret
I confess to be more than a little surprised when yesterday’s morning reading turned up the following headline, from Bloomberg’s Bob Ivry: “Fed... Read »







