Economy

In his final days in office, then-president Biden tried to amend the United States Constitution via executive fiat. “The Equal Rights Amendment is the law of the land,” he wrote.…

The Federal Open Market Committee announced on Wednesday it would hold its federal funds rate target at 4.25 to 4.5 percent, ending the three-meeting rate-cut streak that began in September…

How much longer will high inflation plague the US economy? Both the Consumer Price Index (CPI) and the Personal Consumption Expenditures Price Index (PCEPI) have grown faster than 2 percent…

We write today to honor Richard Doncaster, a recently deceased friend of the American Institute for Economic Research (AIER) and its wholly owned subsidiary the American Investment Services (AIS). Richard…

President Trump’s return to the White House has sparked a resurgence of interest in central bank independence. Federal Reserve Governor Michael Barr said he would step down from his Vice…

Prices still pinch: The Bureau of Labor Statistics announced the Consumer Price Index (CPI) rose 0.4 percent in December and 2.9 percent over the past year. The major cause was…

In December, AIER held its inaugural monetary conference, Building a Better Fed Framework, at The George Washington University in Washington, DC. As the Federal Reserve embarks upon its monetary policy…

Another disinflationary hiccup: The Bureau of Labor Statistics (BLS) announced the Consumer Price Index (CPI) rose 0.3 percent in November and 2.7 percent over the last year. Year-over-year prices grew…

Writing in the Wall Street Journal, Alan Blinder argues that President-Elect Donald Trump’s economic agenda will spark inflation. “Almost every economist will tell you — as many did before Nov.…

Inflation picked up in October, but remains more or less on track. The Personal Consumption Expenditures Price Index (PCEPI), which is the Federal Reserve’s preferred measure of inflation, grew at…