Tag: government budget

Janet Yellen’s Learning Curve – WSJ

When Janet Yellen testified before a congressional commission almost a decade ago about the 2007-2009 global financial crisis, an interlocutor noted that she seemed to...

Rising Interest Rates Will Crush the Federal Budget

The Federal Reserve’s policies of increasing interest rates and quantitative tightening—reducing its $8.9 trillion balance sheet—will increase the volume and cost of federal government borrowing,...