The main job of a central bank is to maintain the purchasing power of the currency, yet the U.S. dollar has depreciated about ...
The Federal Reserve will hold its first policy meeting of the year on Jan. 28 and 29, where it is widely expected to keep ...
One of my goals when launching this blog in 2011 was to revive interest in the important, but unfortunately neglected and largely forgotten, contributions to monetary and macroeconomic theory of Ralph ...
Every year the Federal Reserve conducts a stress test on about 30 U.S. banks to evaluate their ability to withstand economic ...
The Dual Mandate and the Balance of Risks, Federal Reserve. Accessed April 29, 2024. The History and Future of the Federal Reserve’s 2 Percent Target Rate of Inflation, Council on Foreign ...
The U.S. Federal Reserve announced on Friday it had withdrawn from a global body of central banks and regulators devoted to ...
In my previous post, I explained how the real-bills doctrine originally espoused by Adam Smith was later misunderstood and misapplied as a policy guide for central banking, not, as Smith understood it ...
U.S. President Donald Trump on Thursday said he wants the Federal Reserve to cut interest rates at a time the central bank has hit pause for an uncertain duration, arguing he understands monetary ...