The Fed Needs to Put Its Eye on the Money Supply
As recently as September 2021, half of the Federal Open Market Committee expected no change in the federal-funds rate throughout 2022, and not a single...
Will Inflation Stay High for Decades? One Influential Economist Says Yes
When the global economy tanked in March 2020, the rate of inflation looked like it was heading to zero. That made it a surprising moment...
Don’t Expect Rising Interest Rates to Boost Your Savings Account
Interest rates are about to rise. Savers shouldn’t get their hopes up. The Federal Reserve has signaled it will raise rates in March, the first...
Turkish president Erdoğan fires government statistics chief as inflation rate skyrockets
ISTANBUL (AP) — Turkey’s president has fired the head of the Turkish Statistical Institute, which is responsible for posting official inflation statistics, among other data,...