Fedus Ex Machina?
From TPM Reader RC … You were wondering how Biden was able to get such a good deal; in the end all this drama just amounted to getting the budget-negotiation…
Source: talkingpointsmemo.com
Page 7 - Powell Fed News Today : Breaking News, Live Updates & Top Stories | Vimarsana
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Top News In Powell Fed Today - Breaking & Trending Today
Backward-looking Fed is missing key recession risks
The Powell Federal Reserve’s fundamental weakness has been its tendency to look in the rearview mirror rather than at what lies ahead. This helped get us into our inflation mess.
Source: nypost.com
'Limitless' and 'Trillion Dollar Triage' Review: The Powell Fed Tackles Financial Crisis
Two books peel back the curtain on the central bank—but miss why it misread the economy in the wake of the pandemic.
Source: foreignpolicy.com
The Fed should heed the IMF's credit-crunch warning before throwing us into a hard economic landing
Judging by its latest World Economic Report, the International Monetary Fund is well aware of credit-cycle risks.
Source: nypost.com
The Asymmetric Federal Reserve Objective | naked capitalism
The Fed’s objective is asymmetric, with inflation overshoots being more costly than undershoots. Using data from the Summary of Economic Projections it shows that the Bernanke Fed was too hawkish, the Yellen Fed was too dovish, and the Fed under Jerome Powell has at times been too hawkish and too dovish.
Source: nakedcapitalism.com