Ms. Shelton, a monetary economist, is a senior fellow at the Independent…
The question arises because we’re getting hints that the Fed’s 2 percent inflation target doesn’t have to be actually reached before monetary officials ease up on rates.
Argentina’s new president turns up just as America seems to be losing confidence in the virtues of its founding values and democratic capitalism.
By one reckoning there’s a 99 percent probability that the Fed will lower the federal-funds rate by September — its last meeting before Americans go to the polls.
Americans are starting to focus on whether the efforts of the Fed to manage the economy are doing more harm than good.
Jacques de Larosière is out with a must-read new book on the end of financial illusion.
The fate of the USSR under Gorbachev offers a note of caution.
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