How Do You Fight Inflation?
This newsletter will dip its toe into waters it rarely explores: interest rates and inflation.
Federal Reserve
Fed Chair Jerome Powell Confirmed to Second Term by Wide Margin
The reappointment comes as the Federal Reserve plans to raise interest rates in response to record inflation.
The Largest Hike Since 2000, but Not Large Enough
The Fed still seems to be playing catch-up on inflation, and the economy is still running hot as monetary policy remains loose.
The Fed Looks for Inflation in All the Wrong Places
The Fed still faces a monetary hangover that is entirely of its own making.
Christine Lagarde’s Euro Problem
Anyone who doubts that European Central Bank President Christine Lagarde has a euro problem has not been paying attention to that currency’s recent swoon.
Dow Falls over 1,000 Points due to Inflation, Rate Hikes
Experts attribute the sharp changes to a collection of bad economic news over the last few months, chiefly led by the rise in inflation.
Fed Tightening Is Too Little, Too Late
We shouldn’t be surprised by the central bank’s inadequacy.
Fed Raises Interest Rates by Half-Point in Biggest Hike Since 2000
The committee decided to raise the benchmark federal rate to between 0.75 and 1 percent, up from 0.25 to 0.5 percent.
U.S. Economy Shrinks in First Quarter of 2022
Economists had predicted a GDP growth rate of about 1 percent for the first quarter.