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A weekly update on the Federal Reserve from the American Institute for Economic Research's Sound Money Project

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Issues190Founded4 years agoLast Issue9 days ago
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Artwork for The Fed Agenda

Latest Issues

Weekly Update

Upcoming Events

Monday, August 3

  • GDPNow update

Tuesday, August 4

  • GDPNow update

  • JOLTS Report

Wednesday, August 5

  • Cook Speaks at the Anchorage Economic Development Corporation (AEDC) 2026 Economic Luncheon...
9 days ago

Monetary Neutrality Report

Summary

Actual Spending: $32.48 trillion
Neutral Spending: $32.01 trillion
Spending Gap: 1.45%
Policy Stance: Loose

Nominal spending exceeded its neutral level in 2026:Q2, resulting in a nominal spending gap of 1.45 percent. The...

12 days ago

Monetary Rules Report

Summary

Federal Funds Rate Target Range: 3.50 - 3.75%
Expected Target Range after July FOMC Meeting: 3.50 - 3.75%
Rule-Implied Range: 3.76 - 6.01%

The Federal Open Market Committee (FOMC) will likely leave its federal funds rate ta...

15 days ago

Weekly Update

Upcoming Events

Monday, July 27

  • GDPNow update

Tuesday, July 28

  • FOMC Meeting

  • H.6 Money Stock Measures

  • GDPNow update

Wednesday, July 29

  • FOMC Meeting and Press Conference

Thursday, July 30

  • GDP (ad...
16 days ago

Weekly Update

Upcoming Events

Thursday, July 23

  • Unemployment Insurance Weekly Claims Report

Friday, July 24

  • Survey of Construction

There are no Federal Reserve speeches, as we are entering the blackout period ahead of the upcoming...

23 days ago

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Authors

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  • William J. Luther

    William J. Luther is associate professor and graduate director in the Economics Department at Florida Atlantic University, director of American Institute for Economic Research’s Sound Money Project, and senior fellow at Bitcoin Policy Institute.

  • Matthew Schaffer

    Matthew Schaffer is an assistant professor in the Department of Economics at Eastern Michigan University and a Fellow of the American Institute for Economic Research’s Sound Money Project.

  • Bryan P. Cutsinger

    Assistant professor of economics at Florida Atlantic University and Acting Director of the Sound Money Project at AIER. Associate Editor of Public Choice. Research in monetary theory, history, and political economy.

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