Misery Index

Federal Reserve
Misery Index
US Economy

The Misery Index Is Rising. What That Says About Rates.

Federal Reserve Chairman Jerome Powell at his confirmation hearing this week. Brendan Smialowski/AFP/Bloomberg Now, in the winter of our discontent, it shouldn’t be surprising that the Misery Index has made a comeback. Those of a certain age will recall it was a measure conceived in the 1960s by the economist Arthur Okun, then an adviser […]

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