Federal Reserve officials are concerned they may soon find themselves in a tight spot. They have been tasked with delivering price stability and maximum employment—and worry they will not be…
Category:
Economy
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In April, President Trump, who has expressed concerns about the US’s low fertility rate, was asked about a proposal to provide a $5,000 “baby bonus” to every American woman who…
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Last week, Fed Chairman Jerome Powell delivered his semiannual monetary policy report to Congress. Fed watchers will find lots to chew on, but the really interesting material comes in his…
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In November 2023, Argentina faced a staggering inflation rate of 211.4 percent and a poverty rate of 41.7 percent, affecting 19.5 million people living below the poverty line. The country…
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If you pay attention to public policy discussions, you know that people have proposed a Basic Income Guarantee or a Universal Basic Income as one option among many to deal…
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In November 2023, Argentina faced a staggering inflation rate of 211.4 percent and a poverty rate of 41.7 percent, affecting 19.5 million people living below the poverty line. The country…
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If you pay attention to public policy discussions, you know that people have proposed a Basic Income Guarantee or a Universal Basic Income as one option among many to deal…
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Benefit cliffs occur when earning slightly more — through a raise or extra hours — leaves people worse off because they lose government benefits. Many economists believe these cliffs can…
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“Europe is a museum, Japan is a nursing home, China is a jail, and bitcoin is an experiment.” These were former Treasury Secretary Lawrence Summers’ now classic words to investors…
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Amid growing calls for the Federal Reserve to begin lowering interest rates, White House officials (and the president himself) have adopted the tactic of pointing to the nominal policy rates…