Inflation could become a long-term problem
Even as the Federal Reserve begins its long overdue effort to raise interests rates and attempt to get inflation under control, one former central banker, Charles Goodhart, says the inflation…
Who’s behind inflation? Look at the Federal Reserve
One popular line of thinking in GOP circles is that Joe Biden’s trillions of dollars of stimulus spending is a big driver of our current inflation. Stop the spending (and…
Biden wants to turn the Fed into a climate change regulator
Among the many goals of the Biden administration when it came to power was doing something serious about global warming/climate change. Most of those efforts have stumbled in Congress. But…
As interest rates get set to rise, Uncle Sam is unprepared to handle the fallout
With the new year in fiscal recklessness and folly underway, it’s worth recalling that, as the Federal Reserve starts raising interest rates, Uncle Sam’s balance sheet will get even worse….
The man who warned about inflation is wary of the future
Some contrarian economists on Wall Street are beginning to think inflation may rear up to seven percent for the first part of the year – a pace not seen in…
Stock trade revelations lead to third resignation at the Federal Reserve
The mini-scandal that erupted last year over Federal Reserve officials trading their personal stock and bond holdings even as the Fed was making historic interventions in the market appeared to…
Inflation is bad, and embracing it is even worse
Federal Reserve chairman Jerome Powell said the time has come to retire the word “transitory” when it comes to talking about inflation and instead discuss ways to tame rising prices,…
Too late? Fed puts tough new ethics rules in placing to curb officials’ stock trades
There are now colliding narratives in the ongoing Federal Reserve trading scandal. One has the Fed instituting tough new rules on how and when – if at all – senior…
So much for transitory inflation
The most recent inflation data shows that prices are galloping ahead, rising 5.4 percent year-over year and showing more staying power than the Federal Reserve or its assorted apologists believed…
Federal Reserve Inspector General to investigate officials’ trades for ethics breaches
The Federal Reserve’s inspector general will be conducting an investigation into the stock and bond trades of senior Fed officials to see if ethics laws were broken. According to CNBC,…
