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In early 2008 Ben Bernanke’s Federal Reserve downplayed at great cost the downside risks to the economy coming from the subprime loan crisis. Today,...
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In early 2008 Ben Bernanke’s Federal Reserve downplayed at great cost the downside risks to the economy coming from the subprime loan crisis. Today,...
One reason to think that the Fed will be mistaken in keeping interest rates high based on backward-looking data is that this policy exacerbates...
Federal Reserve Chair Jerome Powell's stance on maintaining high-interest rates, despite significant inflation reduction, is critiqued amid fears of exacerbating a regional banking crisis...
This week, the Social Security Administration announced that the COLA raise, starting in January 2024, will be 3.2 percent. That’s down from the 8.7...
Joe Biden Should Worry: Gasoline prices across the United States rose this week to their highest levels this year. The average price per gallon...
Despite falling inflation, increases in grocery prices – which rose sharply by 11.4% in 2022 after rises of 3.5% each in the two previous years -...
Last summer saw record-high inflation, and there was speculation it could result in a “red wave” in the 2022 midterms. However, a number of...
Joe Biden Thinks the Economy Will Get Him Reelected: That Could Be a Mistake – President Joe Biden will never let an opportunity pass...
John F. Kennedy was fond of repeating the wise old saying that success has a hundred fathers but failure is an orphan. If ever...
Generals are said to keep fighting the last war. The same might be said of Jerome Powell’s error-prone Federal Reserve. In 2021, at the...