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Yesterday’s intimation by the Federal Reserve that it would soon start tapering its aggressive bond-buying program, casts a dark cloud over the stock market’s...
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Yesterday’s intimation by the Federal Reserve that it would soon start tapering its aggressive bond-buying program, casts a dark cloud over the stock market’s...
In the 1950s, then-Federal Reserve Chairman William McChesney Martin famously observed that “inflation is a thief in the night and if we do not...
Today’s strong jobs numbers lend support to those who think that the Federal Reserve is falling behind the curve in its monetary policy implementation....
According to an old Wall Street adage, when the winds are strong even turkeys fly. By this it is meant that when global money...
As we approach the start to next year’s midterm election campaign, two threats stalk our economic recovery. The first is an unwelcome inflationary burst,...
According to an old adage, when you find yourself in a hole, stop digging. Now that the Federal Reserve finds itself in not one...
Much of the current inflation debate is centered on the supply-side factors that have driven US inflation up to its highest level in the...
Dennis Robertson, the late Cambridge economist, said of bad economic ideas that it was like going to the greyhound races. If you stood still...
Today’s inflation numbers are yet another reminder of the inflation denial in which the Federal Reserve is currently engaging. More troublingly yet, those numbers...
The best that can be said of today’s Federal Reserve meeting is that the Fed is no longer in total inflation denial. However, it...