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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...
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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...
The Federal Reserve has the greatest difficulty in making accurate economic forecasts. Yet that does not stop it from nailing its colors to the...
Treasury Secretary Janet Yellen has now followed Federal Reserve Chair Jerome Powell in finally admitting that she was wrong last year in thinking that...
John F. Kennedy famously said that victory has one hundred fathers but defeat is an orphan. Something similar might be said of Washington and...
When the US and Chinese economies catch a cold together – It used to be said that when the US economy caught a cold,...
For President Biden, there is some good news and bad news in today’s inflation numbers. The good news is that inflation is finally beginning...