The Federal Reserve is struggling to hit its annual inflation target for the sixth straight year, suggesting that, once again, it may be too optimistic about the health of the economy. There … Continue reading U.S. Inflation Remains Low, and That’s a Problem?
Wage pressure paranoia strikes again. By focusing on this fictitious danger of inflation, meaning, workers might ask for higher wages, the Fed is taking steps to keep MORE people unemployed, thus locking millions … Continue reading The Fed just took action to slow job creation despite low inflation
Daniel Tarullo, the Fed’s point man on regulation, suddenly resigned on February 10. Tarullo was the Fed’s point man on regulation, and his announcement came just days after the new administration announced … Continue reading Trump’s reshaping of Fed will be next source of uncertainty for markets