Gold Rally: The Fed Isn’t Gonna Carry That Weight
To get John Authers’ newsletter delivered directly to your inbox, sign up here. Gold’s performance this year has been the palest of echoes of its...
Don’t Expect the Fed, Bank of England to Return to Ultra-Low Interest Rates
Welcome to Money Distilled. I’m John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all...
Labor Will Keep the US Economy Out of a Recession in 2024
In 2024, the eyes of market participants will be focused intently on the Federal Reserve. The two key questions are when will the central bank...
This Is Why We Didn’t Have a Recession in 2023
This time last year, almost everyone was calling for a recession to engulf the US economy in 2023. One of those forecasters was was Anna...
Inflation Report to Show Fed’s Battle Is Now All But Complete
The US inflation outlook was already steadily improving in recent months, but last week, right in the middle of the Federal Reserve’s two-day policy meeting,...
A Farewell to Cash by Willem H. Buiter
While proponents of central bank digital currencies argue that the technology would boost financial inclusion and efficiency, critics warn that it poses financial, political, and...
A Recession Is Right Around the Corner – The Economy Is Running on Fumes: Professor Steve Hanke
The Federal Reserve’s disregard for the quantity theory of money, which connects monetary supply with economic outcomes, seems flawed. The rapid increase in the money...
2024 Interest-Rate Cut Races Debt to Avoid Hard Landing
Call it the year of the pivot. After their most aggressive interest-rate hiking cycle in four decades, key central banks in 2024 will be shifting...
Retirement Accounts: Consumers Pull Money From Savings to Pay Bills
Americans are increasingly tapping their retirement savings to cover housing and medical bills amid higher cost-of-living pressures, according to data released Monday from Fidelity Investments....
We’re Still Paying for the Federal Reserve’s Blunders
Oct. 25, 2023 12:53 pm ET The Federal Reserve is relieved inflation is receding and hopes it will fall to 2%. Meantime, households and businesses...