It has been roughly a week since Israel launched its first air, drone, and special operations attacks on the Islamic Republic of Iran. Israel’s offensive, launched with the initially stated…
Economy
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AIER’s Business Conditions Monthly indicators suggest that the US economy remained under pressure in April, with the Leading Indicator slipping further into contractionary territory. After March’s sharp 12-point drop, the…
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The Trump administration has increased tariff rates on dozens of countries in part to kickstart trade policy negotiations. These tariffs include 10-percent tariffs on dozens of countries, tariffs of over…
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In a recent blog post, Matt Yglesias chides northeastern Republicans for opposing pro-housing deregulation in state legislatures: Republicans have led several major pushes for housing reform in red states. These efforts…
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In a recent blog post, Matt Yglesias chides northeastern Republicans for opposing pro-housing deregulation in state legislatures: Republicans have led several major pushes for housing reform in red states. These efforts…
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The Trump administration has increased tariff rates on dozens of countries in part to kickstart trade policy negotiations. These tariffs include 10 percent tariffs on dozens of countries, tariffs of…
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AIER’s Business Conditions Monthly indicators suggest that the US economy remained under pressure in April, with the Leading Indicator slipping further into contractionary territory. After March’s sharp 12-point drop, the…
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Yesterday, the Federal Reserve’s monetary policy committee kept the target range for its policy interest rate at 4.25 to 4.5 percent, unchanged since December 2024. The decision came as no…
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The celebration of black emancipation deserved better advocates than the ones it got. One comment I get very often when I speak to people involved in conversations around DEI is,…
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Introduction Economists, policymakers, and business leaders widely regard central bank independence as a desirable feature of monetary-institutional design. What is central bank independence, and why is it valuable? How has…