Today on TAP: Rates have been cut by a full half-point. It’s about time.
inflation
Posted inTAP
More Evidence for a Big Fed Rate Cut
Today on TAP: Even Ben Bernanke and Alan Greenspan were less perversely hawkish than current Fed chair Jay Powell, as Barney Frank reminds us.
Posted inEconomic Policy
Polling Shows Voters Want to See Action on Corporate Power
The problem is the poll, shared exclusively with the Prospect, also shows that voters don’t believe the Biden-Harris administration has already taken action.
Posted inTAP
Powell Reluctantly Relents
Today on TAP: After long delay and needless economic damage, the Fed chair commits to cutting interest rates.
Posted inTAP
Economics According to Harris
Today on TAP: Addressing corporate price-gouging, building housing, helping families. Good stuff and smart politics.
Posted inEconomic Policy
Will Panic on Wall Street Convince Jerome Powell to Do His Job?
The Federal Reserve should have cut rates months ago. Now it might be too late.
Posted inTAP
Powell’s Perverse Policies Persist
Today on TAP: A flawed understanding of today’s mild inflation leads the Federal Reserve to keep interest rates punishingly high.
Posted inEconomic Policy
Inflation Is Whipped. Someone Wake Up Jerome Powell.
Time for the Federal Reserve to cut interest rates.
Posted inEconomic Policy
Federal Reserve Chair Acknowledges Slowing Labor Market
The Fed can do something about that, in line with their mandate of maximizing employment, by cutting interest rates.
Posted inEconomic Policy
Economic Punditry and the ‘Hot Dog Guy’ Problem
Why centrist opinion columnists have no one to blame but themselves for public misconceptions about the economy
