Tag: Federal Reserve
Sep 14, 2026
For most of my career I’ve heard predictions that the federal debt would end in collapse. The warnings have come from both parties, usually from whichever one is not in power. Not having seen a collapse yet, I’m skeptical of new warnings. A recent one...
Jun 22, 2026
The Federal Reserve, as part of its responsibility to safeguard the stability of the country’s financial system, has a targeted inflation rate of 2%. Its most visible tool for that purpose is increasing the federal funds interest rate when inflation is rising and...
Oct 13, 2025
Whenever the Federal Reserve announces a change in the federal funds rate, it’s big news. Financial pundits and journalists analyze the likely impact on inflation, housing markets, consumer spending, and the economy in general. But what effect do these cuts, like the...
Sep 9, 2024
Just two years ago, inflation dominated economic discussions both in the media and at dinner tables. At its peak in June 2022, inflation soared to 9.1%, a figure that sent shockwaves through the economy and significantly dented President Biden’s approval ratings. By...
Apr 3, 2023
You probably are aware that the U.S. has reached its debt limit (roughly $31 trillion) again. The Treasury Department has borrowed as much as is allowed by the last debt ceiling measure passed by Congress—an amount that is entirely arbitrary. To avoid defaulting on...
