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It is often said that two wrongs do not make a right. Something similar might be said of Jerome Powell’s Federal Reserve. Two big...
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It is often said that two wrongs do not make a right. Something similar might be said of Jerome Powell’s Federal Reserve. Two big...
More inflation means more interest rate increases: Today’s disappointing consumer price numbers showing stubborn inflation that won’t dissipate. This now leaves the Federal Reserve with...
Does the Jobs Report Mean Another Interest Rate Hike? How Will That Impact the Economy? Today’s long-awaited jobs report has even more than the usual significance for...
Leo Tolstoy famously wrote that happy families were all alike, but that every unhappy family was unhappy in its own way. The same might...
Today’s encouraging consumer price numbers suggest that inflation has very likely peaked and will continue to come down in a sustained manner. However, they...
The Fed must back off aggressive rate hikes: So much for the Federal Reserve’s hopes that it can regain control over inflation while at the...
Today’s shockingly high consumer price inflation number does not bode well for our country’s economic outlook. It makes it all but certain that the...
Last year, the Federal Reserve hardly covered itself in glory. By keeping interest rates too low for too long and by allowing the money...
The Federal Reserve’s data-driven approach to policymaking looks like a problem: Rudi Dornbusch, the late MIT economist, said of the Mexican central bank that he...
So much for our hopes that inflation already might have peaked. Today’s inflation numbers from the Commerce Department show that last month’s headline consumer...