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Fed decides to maintain interest rates during July FOMC meeting: CEI analysis
Today, the Federal Reserve announced it will maintain interest rates, signaling a continued commitment to the fight against inflation. The Fed is remaining…
Blog
Lessons Kevin Warsh can learn from the late Alan Greenspan
Alan Greenspan’s recent passing provides an opportunity to reassess his legacy as Chairman of the Federal Reserve and consider the lessons Kevin Warsh can…
Blog
Before reform comes review: What Warsh’s task forces could mean for the Fed
Major institutional reforms rarely begin with sweeping policy changes. More often, they begin with a willingness to reexamine long-standing assumptions. That is what makes…
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Blog
Jerome Powell risks the Fed’s gains against inflation
The big story from today’s Federal Reserve decision isn’t that interest rates are staying the same. It’s that the dual mandate is back.
The Federalist
It’s Time For Congress To Take Out America’s Regulatory Trash
The Federalist cites CEI on yearly regulations: According to the Competitive Enterprise Institute (CEI), 2019 was the only year on record…
Blog
There is no such thing as a free lunch, especially under MMT.
Modern Monetary Theory (MMT) has emerged in recent years as a highly-debated economic concept, challenging traditional views on national debt and money. MMT is…
Blog
A rule for the Fed
The Washington Examiner is running a series of pieces on policies the next administration should pursue. My contribution details a way to contain…
Blog
Fed flirts with stimulus
As expected, the Federal Reserve signaled its commitment to fighting inflation by holding interest rates steady at this week’s Federal Open Market Committee meeting.
Blog
Weak GDP is first stress test for inflation fighters
I have been saying for a while that inflation expectations will remain high until policymakers prove they can restrain their stimulus spending during an…