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Robert Hughes

Existing-Home Sales Holding in a Flat Trend

Sales of existing homes fell 0.4 percent in May to a 5.43 million-unit annual rate versus a 5.45 million pace in April, according to the National Association of Realtors. Sales have been in a flat trend recently, held back by limited inventory.


William J. Luther

Hawks, Doves, and Swingers on the FOMC

A recent NBER working paper studies what shapes Federal Open Market Committee member opinions.


Max Gulker

Bitcoin Is Less Volatile Than Its Cryptocurrency Cousins

It’s hard to say with a straight face that Bitcoin is “the stable cryptocurrency,” but compared to its cousins, its wild price swings are a little less wild.


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