Today on TAP: Rates have been cut by a full half-point. It’s about time.
Jerome Powell
Posted inEconomic Policy
The Fed Caved on Bank Capital
Despite continued failures in the industry, the Fed decided to take orders from bank CEOs.
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 inTAP
Powell Reluctantly Relents
Today on TAP: After long delay and needless economic damage, the Fed chair commits to cutting interest rates.
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 inTAP
Time for the Fed to Meet the FTC
Today on TAP: The real source of too many price hikes is concentrated market power, not macroeconomic overheating.
Posted inEconomic Policy
The Age of Recoupment
How power, technology, and opportunity have come together to gouge consumers
