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Dallas Fed President Lorie Logan recently proposed ditching the federal funds rate target as the Fed’s main policy tool. Her proposal would ensure that...
As this report goes to press, 14 of the 24 components of the Business Conditions Monthly lack published data beginning in September or October...
Inflation was lower than expected in November, the Bureau of Labor Statistics (BLS) reported yesterday, in the first official inflation release since October following...
Gold has crossed $4,000 per ounce just 200 days after it passed $3,000. What began as a slow march from crisis to crisis has...
America is in the midst of a housing crisis. Homelessness hit a record high last year, rising 18 percent in 2024. Meanwhile, rent spiked...
The reported death of US dollar dominance has been greatly exaggerated. The dollar’s demise has been repeatedly prophesied, supposedly threatened by any number of...
In 1961, with global politics chilled by the looming Cold War, President Dwight D. Eisenhower delivered his farewell address, warning the nation of a...
The Organization for Economic Co-operation and Development’s (OECD) latest economic outlook should serve as a wake-up call for Washington. While the organization upgraded global...
The American housing market is no stranger to boom and bust cycles, but the current slowdown in existing home sales is remarkable both for...
In August, the Associated Press reported that Nigeria had passed a law prohibiting the export of raw shea nuts — a key ingredient in...
Creating a long list of the familiar flaws in protectionists’ thinking is easy. Protectionists don’t realize that, although trade ‘destroys’ some particular jobs in...
Argentina’s recent $20 billion currency swap agreement with the US underscores the delicate balance of economic reform and the vital need for liberalization. Last month, there...
Activists from the left have tried to “cancel” me multiple times. I lost an academic job opportunity despite the support of a large majority...