Re-upping it as one of the committee members - deadline for submission to our annual Stress Testing Research Conference at Boston Fed is June 15. Please send us your work!
Endless Capital The Fed should get serious about extremely high stock market inflation.
Neel Kashkari
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Obvious! It's great to screw up the economy and make a wide wealth divide. Mary C. Daly Neel Kashkari
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The Boston Fed’s Sara Chaganti argues in a new collaborative report with the John T Gorman Fdn that wealth gaps are largely driven by systemic and structural issues, rather than individual decision-making.
Read more: bit.ly/3nI6Izx
Call for Papers: Federal Reserve Stress Testing Research Conference will be held October 19-20, 2023. Paper or extended abstract submissions due by June 15, 2023. bostonfed.org/news-and-event… #EconTwitter
What are some alternative ways for communities who have historically faced economic barriers to build wealth? The Boston Fed and the John T Gorman Fdn explore this question in a new report.
Learn more: bit.ly/3nI6Izx
Why can't the Fed have a ZERO percent inflation target? We could use 2% deflation for twenty years to partially undo the ruinous inflation. Neel Kashkari
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The Federal Reserve was never screwing up the markets, the economy, and hundreds of millions of lives as they have been doing over the past 14 years.
Neel Kashkari
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![GOLDMAN: “Despite strong wage growth and contracting profit margins in recent quarters, the labor share and corporate profit shares of US GDP remain close to their extremes of recent decades.” [Kostin]](https://pbs.twimg.com/media/FwSuClhWcAAZsgf.jpg "Carl Quintanilla (@carlquintanilla) on Twitter photo 2023-05-17 01:13:46 GOLDMAN: “Despite strong wage growth and contracting profit margins in recent quarters, the labor share and corporate profit shares of US GDP remain close to their extremes of recent decades.” [Kostin]")
Well then, make a rate increase right this very moment! No waiting around until a scheduled meeting. Stock market inflation out of control! Neel Kashkari
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Are you a policymaker working in #digitalinclusion ? Access lessons on how to make the best use of federal & state #broadband funding here: bit.ly/3Uv2pnc
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The Federal Reserve caused this financial mess, massive homeless, runaway wealth divide from manipulating up the stock market. Neel Kashkari
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Why not? You could have dealt with it a whole 2 years ago, not be going at it so slowly. No excuse. 1st hike should have been 3%.
Neel Kashkari ChicagoFed New York Fed St. Louis Fed Richmond Fed Dallas Fed Kansas City Fed Boston Fed @clevelandfed San Francisco Fed jp Atlanta Fed
Federal Reserve San Francisco Fed New York Fed Atlanta Fed Dallas Fed St. Louis Fed ChicagoFed Boston Fed Richmond Fed ClevelandFed Minneapolis Fed are you trying to make it worse?
Notice anything out of whack?
Mary C. Daly Neel Kashkari
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