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The U.S. Federal Reserve announced Wednesday that it was not cutting a key interest rate, deciding to “maintain the target range for the federal...
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The U.S. Federal Reserve announced Wednesday that it was not cutting a key interest rate, deciding to “maintain the target range for the federal...
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,...
A disturbing characteristic of Jerome Powell’s Federal Reserve is how US-centric it has become. In following its data-dependent interest rate policy, the Fed makes...
John F. Kennedy was fond of repeating the wise old saying that success has a hundred fathers but failure is an orphan. If ever...
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...
Better late than never. Today, the Federal Reserve finally took decisive monetary policy action to regain control over inflation that has been largely of...
Today’s dreadful consumer price inflation number showing inflation now running at 7 ½ percent, coupled with last month’s stock market wobbles, can leave little...
Interest Rates are Going Up. What Happens to the US Economy’s Various ‘Bubbles’? After having spent much of last year assuring us that inflation was...
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...