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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...
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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...
As we start 2023, the key question for both for the U.S. and world economies is whether we should believe the Federal Reserve’s relatively...
Today’s strong jobs report numbers heighten the chances that next year the U.S. will have a hard economic landing in the form of a...
Hope springs eternal. Today’s stronger-than-expected GDP numbers are bound to be trumpeted by optimists that the U.S. economy can achieve a soft economic landing....
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...
The Federal Reserve has the greatest difficulty in making accurate economic forecasts. Yet that does not stop it from nailing its colors to the...
Is a recession in the works? Jerome Powell, the chairman of the Federal Reserve, admitted on Thursday that high inflation and global economic woes...
Better late than never. Today, the Federal Reserve finally took decisive monetary policy action to regain control over inflation that has been largely of...