Economy

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…

Why did the United States abandon the gold standard? In an article published recently by the Federal Reserve Bank of St. Louis, Maria Hasenstab cites the international gold shortage during…

Inflation ticked up in October. The Bureau of Labor Statistics reported that the Consumer Price Index (CPI) rose 0.2 percent last month. Prices are up 2.6 percent over the last…

At the New York Times, Jeanna Smialek reports that economists are worried President-Elect Trump will stoke inflation. Voters returned Trump to office largely because of the economy, especially the high…

After dipping well below the Federal Reserve’s 2-percent target in August, inflation now appears to be back on track. The Bureau of Economic Analysis (BEA) reports that the Personal Consumption…

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…

There’s something happening here. What it is, ain’t exactly clear.   Around the world, there is growing impatience with the orthodoxies and condescension of the progressive left. In the past two…