by Andrew Moran | Apr 25, 2024 | Articles, Business News, Opinion
Did Federal Reserve Chair Jerome Powell’s December declaration of loosening monetary policy backfire? The US central bank has ostensibly capitulated to the inflation revival following four consecutive hotter-than-expected consumer price index (CPI) reports....
by Andrew Moran | Apr 9, 2024 | Articles, Business News, Opinion
Despite campaigning against tariffs, President Joe Biden has kept his predecessor’s trade policies intact. During the 2020 campaign, Biden complained that then-President Donald Trump’s tariffs on China were “shortsighted,” arguing that they...
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 | Mar 7, 2024 | Articles, Business News, Good Reads, Opinion
Federal Reserve Chairman Jerome Powell went to Washington to deliver his semi-annual monetary policy report to lawmakers. He touched upon 23-year-high interest rates, above-trend inflation, and the Basel III Endgame proposal. His remarks surrounding the health of...
by Andrew Moran | Mar 4, 2024 | Articles, Business News, Good Reads, Opinion
White House apologists, including Keynesian economist Paul Krugman, insist that food inflation is overblown and that households exaggerate whenever they exit the front doors of Albertsons, Publix, or Walmart. While the growth rate has slowed over the last year, it is...