The Fed Should Be an Inflation Fighter, Not a Social-Justice Warrior
A House bill that seeks to bring ‘equity’ and ‘inclusion’ to the Fed is a grave threat to responsible monetary policy.
Federal Reserve
How to Fix Inflation
If the Republicans regain some political power, an inflation-fighting bill will have to be their top priority.
The Biden Team Whistles Past the Graveyard on Recession Fears
The U.S. isn’t going to have to wait too long to hear whether it is in recession, at least according to the official numbers.
The Elephant Squashing the Financial Markets
With all the wild events of the last few months, central-bank liquidity appears to have the most significant influence.
Biden Denies Massive Spending Fueled Record Inflation: ‘The Idea Is Bizarre’
Biden also falsely claimed that inflation is worse in ‘every other major industrial country.’
The Fed: More of a Surprise Required
Last week, 75 basis points would have been a surprise. Today, not so much.
The Fed Needs to Exceed Expectations, Not Just Meet Them
A hike of 75 basis points is good, but 100 basis points would have been better.
Fed Hikes Interest Rates By 75 Points, Largest Increase Since 1994
Chairman Jerome Powell has said that the Fed will do ‘whatever it takes’ to curb inflation and signaled that more rate hikes were to come.
The Case for Letting Crises Go to Waste
There is no need to create surprise debt for something everyone knew could happen.
High Corporate Taxes Cannot Tame Inflation
Taxing corporations in any amount cannot and will not have any bearing on inflation.