No Monetary or Political Bailouts for Belt-and-Road Initiative Debtors
Cut through the Media Noise, and Remember the Economic Priorities
The Dollar See-Saws between Two Views on Fiscal Explosion
The Dangers of a “Cashless” Economy
The Fed Has No Plan, and Is Just Hoping for the Best
The Federal Reserve’s Federal Open Market Committee (FOMC) last week left the target policy interest rate (the federal funds rate) unchanged at 5.5 percent. This “pause” in the target rate suggests the FOMC believes it has raised the target rate high enough to rein in price inflation which has run well above the Fed’s arbitrary two-percent inflation target since mid-2021. I say “believe,” but perhaps the more appropriate word here is “hope.”
The Fed and the Fate of the Dollar
Are We Headed for a Recession in 2024?
Dollar Hegemony Fuels America’s Foreign Crusades
Economic Data to Misunderstand the Economy
The speech Using Economic Data to Understand the Economy, given this week by Fed Governor Christopher J. Waller presented an informative glimpse into some of the data they use to arrive at their economic decisions.
Of the 12 slides provided, here are some of the best, starting with one of the most popular: GDP.