Recently Published
Demand-Pull or Cost-Push? Using SF Fed 12th District Data to Distinguish Inflation Episodes in Real Time
"An exploratory analysis of SF Fed 12th District Business Sentiment and Inflation Gauge indexes using FRED macroeconomic data, examining how publicly available Fed survey data can help distinguish between demand-pull and cost-push inflation dynamics in real time. Covers 2014–2026 with a focus on the structural differences between the 2022 and 2025 inflation episodes in the Western United States.