Jay Powell and Joe Biden have gone to war. They don’t put it that way, “war” being a word too charged for even Vladimir Putin to use – he prefers “special military operation”. Policy makers at the Federal Reserve Board have decided that the labor market is unhealthily tight, and…
Climate change recently was pushed to the back burner by a host of more immediate concerns – gas prices, inflation, recession, crime, illegal…
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The pedants have gone to war. The Federal Reserve Board announced Friday that inflation as it measures it is rising at an annual rate of 6.8 percent, a…
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“Germany will become totally dependent On Russian energy if it does not immediately change course,” President Donald J. Trump said at the United Nations…
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Just when we thought May’s year-over-year 8.6 percent jump in inflation was as bad as it could get, the June Consumer Price Index clocked in at an…
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There is no doubt that the economy is slowing. But whether that is bad news or good depends on how you view a driver’s decision to slow down from 90…
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Warren Buffett long ago noted, “Only when the tide goes out do you discover who’s been swimming naked.” And the tide seems to be going out. GDP…
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The battle lines over the future shape of the American economy were drawn last week. The first shot was fired by a rather innocent Jay Powell, chairman…
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Irwin Stelzer- This Week in Economics, and Next