Despite mounting pressure from President Trump to cut rates, the Federal Open Market Committee (FOMC) voted yesterday to hold the target range for its policy rate constant at 4.25 to…
Category:
Economy
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We’ve seen this before: fear, overregulation, and political hubris at the dawn of an economic breakthrough. Will we learn from history — or repeat its mistakes? In every era of…
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A few centuries ago, Europe was the beating heart of global innovation. From the Enlightenment’s embrace of reason to the Industrial Revolution’s transformative power, it was a hub of bold…
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When asked last month at the European Central Bank’s annual forum in Portugal whether the Fed would have cut interest rates if not for the tariffs, Fed Chair Jerome Powell…
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When asked last month at the European Central Bank’s annual forum in Portugal whether the Fed would have cut interest rates if not for the tariffs, Fed Chair Jerome Powell…
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We’ve seen this before: fear, overregulation, and political hubris at the dawn of an economic breakthrough. Will we learn from history — or repeat its mistakes? In every era of…
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A few centuries ago, Europe was the beating heart of global innovation. From the Enlightenment’s embrace of reason to the Industrial Revolution’s transformative power, it was a hub of bold…
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Last month, Australian writer Alistair Kitchen was detained by Customs and Border Protection (CBP) when he flew from Melbourne to Los Angeles. Agents interrogated him, intimidated him, and lied to…
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Let’s be honest, many people move to New York City to make money, not have it taken away. Since over half of NYC’s population isn’t even from New York, millions…
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Donald Trump is famously hostile to US trade deficits. He believes not only that these deficits harm the US economy, but also that they are clear evidence of foreigners’ economic…