Research shows that economies perform better at modestly higher inflation rates.
Federal Reserve
Posted inEconomic Policy
The Inflation Numbers Game
Inflation for the past five months was mild, but the media still blares the higher year-over-year numbers.
Posted inEconomic Policy
Who Will Talk Jay Powell off the Ledge?
He has committed the Fed to an interest rate course that will create a needless recession, and he refuses to admit that inflation is subsiding on its own.
Posted inEconomic Policy
Best of 2022: Robert Kuttner
The Prospect’s co-founder and co-editor offers his favorite stories of the year.
Posted inMoney, Politics, and Power
Wells Fargo Wants to Buy Its Way Out of Trouble
CFPB director Rohit Chopra has other ideas.
Posted inTAP
The Fed Keeps Throttling the Economy
Today on TAP: Powell’s astonishingly ignorant response to easing inflation pressures
Posted inEconomic Policy
Why the Federal Reserve Should Cool Its Jets on Interest Rates
Recent data shows a strong possibility that inflation will come down on its own.
Posted inEconomic Policy
The Two Percent Obsession
In the face of mounting evidence that inflation is easing, the Fed clings to a perverse monetary policy. What will its meeting this week produce?
Posted inTAP
Jay Powell as Scrooge
Today on TAP: Higher interest rates and the cost of Christmas trees
Posted inTAP
How Fed Policies Burn Housing
Today on TAP: Higher interest rates raise housing costs to consumers in multiple ways—the opposite of the Fed’s anti-inflation goals.
