Companies are seeking refunds from the federal government following the Supreme Court ruling—but consumers may still be stuck with higher prices.
inflation
Posted inTAP
How Trump Undermines Trump
Consider the president’s self-defeating assault against Jerome Powell.
Posted inEconomic Policy
The Faltering War Economy
Trump’s war craters the economy in multiple ways, even if it somehow ends soon.
Posted inEconomic Policy
A Retrospective on Bidenomics
Joe Biden listened to the left on full employment. But the lasting effects were wanting, and the politics were brutal.
Posted inEnergy and the Environment
Iran War Sends Fertilizer Prices Sky-High
In the middle of the spring planting season, American farmers have to contend with supply chain disruptions.
Posted inTAP
Central Banker or Central Casting?
Seemingly, Kevin Warsh is a mainstream central banker. Dig down and he’s the Fed equivalent of Pete Hegseth.
Posted inTAP
Tariffs: Maybe Not So Crazy
Trump’s tariffs are more a petulance than a policy, but some strategic uses of tariffs can make economic sense. Look at China’s declining trade surplus with the U.S.
Posted inEconomic Policy
Trump’s Persecution of Jerome Powell Is Even Crazier Than It Looks
The Trump administration is carrying out a corrupt prosecution of the Federal Reserve chair. But messing with Fed independence might spark inflation, and everyone hates that.
Posted inTAP
Will the Court Rule for Trump or for Wall Street?
As the Supreme Court now considers whether Trump can take over the Federal Reserve, we lose either way.
Posted inTAP
Trump’s Self-Imposed Economic Trap
Even if he gains control of the Fed, monetary policy can only do so much—and Trump rejects other policies that could cut the high cost of living and improve growth.