Economic Take is a podcast covering the latest on the economy with JPMorgan Chase Commercial Banking’s Head Economist, Jim Glassman.
Connecting the Dots on the Fed's Rate Move
So it’s happened. On June 16, the Federal Reserve announced an earlier time line for when it might raise interest rates. With the markets still shifting in response, Jim takes a deeper look at what Fed policymakers said—and why watching the economy’s reopening in the coming weeks could tell us much more.
Why the Fed Thinks Price Increases are Temporary
There’s plenty of continuing concern about inflation, but Jim notes that the Fed’s message about higher prices being “transitory” remains on point. He points out that supply chain bottlenecks forced by sudden, fast-returning demand in key industries are the more likely culprit in today’s rising prices, and could be temporary.
Why Taper Talk Shouldn’t Trigger a Market Tantrum
Last week, the Fed reported its members discussed whether it’s time to start talking about adjusting asset purchases the central bank has used to steer the pandemic economy—triggering brief market volatility. Jim thinks the Fed won’t keep policy easy forever, but likely won’t rush to unwind either. Here’s why.
People, Productivity and the Pandemic Recovery
Labor productivity is one of the toughest economic concepts to measure, yet a central storyline in every economic rebound. Jim looks at how demographic trends, technological advancements and policy changes could shape human productivity, hiring and economic growth during the pandemic recovery—and beyond.
What Do Inflationary Signals Mean Now?
Inflation news continues to drive headlines—rising prices for cars, lumber, gasoline and basic materials will do that. But central banks—including the Fed—have called these pricing pressures “transitory.” Jim explains why there’s much more to the current inflation picture than what’s on the sales receipt.
Looking at the Challenge of Finding Workers
With more than 10 million jobs needing to be filled to meet the Fed’s full employment targets, why are people still talking about worker shortages? Jim examines this stubborn hiring problem—how it likely started, why it could persist despite current pandemic policies and what actions could potentially address it.
Jim Glassman’s Economic Take, Podcast #86
We all share Jim Glassman’s and Fiona Greig’s hopeful thoughts for continued recovery in our economy from COVID impacts. This podcast presents a constructive overview of recent historical consumer spending and the recovery achieved so far in national output and in our labor market.
Jim Glassman’s Economic Take is a good bit
Great, quick bites of applying current events to the economy
Quick, digestible & interesting
Perfect economic bullet points to start your week, no matter your level of expertise.