Opinion
Fed’s follies mean interest-rate cut won’t ease our economic woes
Because the Fed is in a lose-lose scenario whatever it does: No matter how big or small the cut, it will produce more financial pain for American families. That’s especially troubling given how much people’s budgets are already stretched amid the current cost-of-living crisis.
Fed set to cut interest rates: What it could mean for inflation, economy, jobs
The Federal Reserve will begin a rate-cutting path, as soon as Sept. 18. Inflation and the economy remain hot topics in the presidential election.
Fed's Powell says balance sheet drawdown continues amid rate cuts
Federal Reserve Chair Jerome Powell said on Wednesday still strong levels of liquidity in the financial system will allow the central bank to press forward with shrinking its balance sheet even as it has begun cutting rates.
The Fed's Powell is cutting interest rates. Here's how the economy will respond.
Fed Chair Jerome Powell’s next steps will have enormous influence over the economy that either Kamala Harris or Donald Trump inherits in January.
Jerome Powell’s sunny economic outlook clashes with the Fed’s bold interest rate cut
The Fed cut interest rates by half a percentage point yesterday—the first cut in four years and double the 25 basis points that many expected from the central bank. And yet the markets dipped down, perhaps because of a perceived disconnect between Fed Chair Jerome Powell’s sunny prognosis that “the economy is in good shape” and the committee’s bold action that suggests a possible recession on the horizon.
Mises Institute9d
The Woke Plot To Destroy Our Economy
The way in which the economy grows is by capital accumulation, and the great bulk of this takes place through the investments ...
The second-largest economy in the world just raised its retirement age. American workers should take notice.
The Chinese government, in one fell swoop, approved two measures to prop up that country’s wobbly retirement system: an ...
The Data Storage Economy: An Invisible Hand To Create Positive Cyber-Economic Outcomes For CIOs
Enterprises have adapted to it in multiple ways, realizing that storage not only supports their business, but modern ...
5 things to know for Sept. 19: Economy, Middle East, Teamsters Union, Baltimore bridge collapse, Severe weather
In a significant shift for the US economy, the Federal Reserve on Wednesday announced a jumbo-sized interest rate cut for the ...
Here’s how 5 Virginia Beach mayoral candidates say they’d grow economic development, reduce residents’ tax burden
Five candidates are running for mayor in Virginia Beach: Robert “Bobby” Dyer, Richard “RK” Kowalewitch, John Moss, Chris ...
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Trump's economic plans would 'concentrate more power' into a strongman presidency: analyst
Former President Donald Trump's economic agenda, particularly his proposal to replace income taxes with massive tariffs on ...
‘The sky is not falling’: US economy added 142,000 jobs in August
The US economy appears to be on a knife’s edge, and Friday’s jobs report will be the deciding factor as to the next direction ...
Naka Nathaniel: Hawaii's Ag System Needs An Overhaul To Promote Food Independence
“We absolutely have the potential to be the breadbasket of the Pacific,” said Noa Kekuewa Lincoln, an assistant professor of ...
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Michael Walden: Can the president control the economy?
By Michael Walden With the presidential campaigns now in full force, one question people are asking is if a president can control the economy.  In fact, I’ve had this question put to me by both the ...
Williamsburg City Council candidates discuss their top priorities, possible school system split
Five candidates are running for three spots on Williamsburg City Council: Incumbents Pat Dent, who is currently the vice ...
Has the Fed Ever Cut by 50 Basis Points in 'Peacetime'?
One argument for cutting rates by 25 basis points, or 0.25 percentage point, instead of 50 basis points goes like this: The ...