by Andrew Moran | Mar 16, 2024 | Articles, Business News, Good Reads, Opinion
The Federal Reserve has repeatedly signaled that it will cut interest rates this year. From Chair Jerome Powell’s comments to the Summary of Economic Projections data, the central bank is all but guaranteed to pull the trigger on the first rate cut in the coming...
by Andrew Moran | Nov 24, 2023 | Articles, Business News, Good Reads, Opinion
By now, you are aware of the pish-posh history of “inflation is transitory.” The current administration and the Federal Reserve insisted that the trillions of dollars in fiscal and monetary stimulus and relief would not trigger a bout of inflation. Then, policymakers...
by Andrew Moran | Nov 19, 2023 | Articles, Business News, Good Reads, Opinion
US households will have to endure another expensive Thanksgiving this year. While the centerpiece turkey will be a little bit cheaper during the festivities, many other products surrounding the main event will still eat into your wallet. The October consumer price...
by Andrew Moran | Jan 15, 2023 | Articles, Economic Affairs News, Opinion
It is that time of the year again: Debates over the US debt limit. Treasury Secretary Janet Yellen informed Congress that the federal government will reach its statutory debt limit on Jan. 19, forcing her department to begin “taking certain extraordinary...
by Andrew Moran | Dec 15, 2022 | Articles, Business News, Opinion
What a crucial week it was for the United States economy. The annual inflation rate showed further progress by easing to 7.1% in November, while the Federal Reserve raised interest rates by 50 basis points. But any celebration might be premature, as rampant price...