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In Congressional testimony earlier this week, Federal Reserve Chair Jerome Powell strongly intimated that at its next meeting the Fed was likely to announce...
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In Congressional testimony earlier this week, Federal Reserve Chair Jerome Powell strongly intimated that at its next meeting the Fed was likely to announce...
President Joe Biden has done the right thing to resist strong pressure from the Democratic Party’s progressive wing to replace Jerome Powell as head...
On Wall Street, the more sophisticated traders are in the habit of asking investment analysts with strongly held views what factors might prove them...
A sound piece of policy advice is that when you find yourself in a hole you should stop digging. Judging by today’s Federal Reserve...
Over the past two decades, a disturbing weakness of Federal Reserve policy has been its almost exclusive focus on the short-term attainment of its...
Last year, in his all-important annual Jackson Hole Speech, Federal Reserve Chairman Jerome Powell announced a major monetary policy shift that now seems to...
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....
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 Federal Reserve’s repeated denial that the country might soon have a real inflation problem reminds me of the apocryphal story about the inquest...
John Maynard Keynes famously said: “When the facts change, I change my mind. What do you do sir?” One has to hope that now...