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…
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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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…
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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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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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One of the largest residential solar installers, Sunnova, went belly up on June 8. The company had over $10 billion in debt and a market cap of over a billion…
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The One Big Beautiful Bill Act (OBBBA), intended to lower the tax burden for Americans and thus to stimulate growth, contains one provision that has caused much alarm in Canada…
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On June 9, about 300 employees of the National Institutes of Health, representing all 27 NIH institutes, issued a letter they called the “Bethesda Declaration,” calling on NIH director Jay…