by Bruce Yandle In recent days, the inflation indicators have stubbornly signaled that a high tide of prices is still soaking us consumers. Growing at a 3.5% annual rate in […]
Tag: interest rates
Voters have every right to complain about inflation
Against the odds, the Federal Reserve’s effort to guide the U.S. economy to a soft landing — reducing inflation without causing a recession — seems to be working. Recent data […]
Fed is right to stay the course on interest rates
Last week, the Federal Reserve did the right thing by leaving well enough alone, keeping the benchmark interest rate at about 5.4%. With the acute pressure that the board and […]
Despite political pressure, the Fed should hold firm
Two essential questions are facing the U.S. economy right now: whether the Federal Reserve’s next change in its policy rate will be a cut or an increase, and whether the […]
Federal Reserve pauses interest rate hikes, for now
Powell shows a level of caution that should continue to avoid recession After 10 consecutive interest rate hikes meant to squeeze down inflation, the Federal Reserve last Wednesday held steady […]
The Fed just raised interest rates. Does that mean there is no banking crisis?
by Simon Johnson Do we have a banking crisis in the United States or don’t we? We certainly have some of the symptoms, including two prominent banks that just […]
Federal Reserve’s continued rate hikes may be too much for economy
The Federal Reserve shocked no one last Wednesday when it announced another 25-basis-point hike to interest rates. Yet our lack of surprise doesn’t mean a lack of questions about the […]
A moral case for higher interest rates
by Ramesh Ponnuru Federal Reserve Chair Jerome Powell’s efforts to cool down the economy are causing progressive criticism to heat up. He has been accused of wanting a “brutal” recession, […]
