Federal Reserve
Will Tariffs Lower Prices? | Power Line
The conventional wisdom is that higher tariffs mean higher prices. While this is certainly true as to a particular product that is subject to a tariff–coffee, for example, in the current instance–inflation is a monetary…
A divided Federal Reserve cuts interest rates by a quarter of a point
Dissent at the Fed meeting: For the second time this year, the Federal Reserve Board cut interest rates by a quarter point—the lowest level in three years. "This remains a very divided Fed, as evidenced by the fact that…
Trump is filling the Federal Reserve with loyalists
Council of Economics Chair Stephen Miran was confirmed as a Federal Reserve governor just before September's Federal Open Market Committee meeting. The impact was immediate—and troubling. Miran dissented in favor of a…
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