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Today’s disappointing GDP numbers are yet a further indication that the Federal Reserve might be engaged in monetary policy overkill to regain inflation control.
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Today’s disappointing GDP numbers are yet a further indication that the Federal Reserve might be engaged in monetary policy overkill to regain inflation control.
Especially after SVBs failure, we must hope that it is not beyond the Fed’s grasp to anticipate that there will be many other casualties...
Yesterday’s decision by the Federal Reserve to raise interest rates by 25 basis points rather than by 50 basis points was the right decision under the...
The Silicon Valley Bank failure should be a wake-up call for the Federal Reserve that the chickens of its past policy mistakes are now...
How much trouble is the U.S. economy in? There is an old joke about someone having jumped off the Empire State building. When asked...
Nero is said to have fiddled while Rome burned. Today, it seems that Washington’s politicians prefer to play games with the debt ceiling. They...
Hope springs eternal at the IMF. Despite an unusual constellation of imminent downside world economic risks, the IMF has raised its 2023 world economic forecast to...
When the Federal Reserve meets next week, it would do well to recall two of Milton Friedman’s fundamental economic teachings. The first is that...
There is never a good time for a protracted fight over raising the US government debt ceiling. However, today would seem to be a...
Egregious budget and monetary policy mistakes in 2021 contributed to last year’s multi-decade high inflation. Today, there seems to be a real risk that...