My goal is to make economic policy and macroeconomics better.
| Platform |  | Pricing | Freemium | Publishes | Weekly |
|---|---|---|---|---|---|
| Issues | 251 | Founded | 6 years ago | Last Issue | 8 days ago |
| Active | |||||
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stayathomemacro.substack.comLatest Issues
Costly medicine
Fed’s Eccles Building. June 2026. My photo.
It's Fed Week, even if headlines from the Middle East and on AI are stealing some attention. They should. Those stories also drive the inflation risks the Fed is responding to. Wednesday, the Fed...
Something is shifting in the inflation picture
Hike or hold? That is the question when the Fed meets next week. Going in, it’s clear that Fed officials are divided on the answer. The division isn't the kind that a single CPI print will resolve. In today’s post, I explain why I moved rec...
Welcome, Mr. Chairman
Credit: Natalie Behring / Stringer via Getty Images. Kevin Warsh on August 28, 2026, in Jackson Hole, Wyoming.
Kevin Warsh’s speech last Friday in Jackson Hole was a good one. It was the speech he needed to give. Warsh opened with AI—100%...
Read the Minutes, Fade the Presser
The July FOMC minutes and the press room, July 29, 2026. Source: Federal Reserve.
Yesterday, the Fed published the minutes of its July FOMC meeting. Together with the statement and the press conference directly after the meeting three week...
Go to the mountains, come down from 30,000 feet
Source: my photo, Grand Teton National Park.
A week from Friday, Kevin Warsh will deliver his first speech as Chair at the Fed’s Jackson Hole Symposium. The majestic backdrop of the Grand Teton is a world away from the Fed’s stuffy offices...
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Authors
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Founder of Sahm Consulting, former Federal Reserve and White House economist.
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