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Fed’s triumph over inflation shows the need for some institutions to be free from politics
Just two years ago, inflation in America hit a 40-year high, reaching over ... the politics of its decisions. Even as many federal institutions become increasingly politicized, the Fed remains ... Read More
The Fed’s Preferred Inflation Measure Sped Up in November
The Personal Consumption Expenditures index climbed 2.4 percent from a year earlier, though the report’s details were more subdued than expected. Read More
November Inflation Shows Little Progress. What It Means for the Fed.
Inflation showed little progress in cooling to the Federal Reserve’s 2% target in November, though the pace of price growth was in line with economists’ expectations. The consumer price index climbed ... Read More
Powell: Fed's independence from politics is vital to its interest rate decisions
Washington – Chair Jerome Powell said Wednesday that the Federal Reserve's ability to set interest rates free of political ... all Americans and keep out of politics completely." ... Read More
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