2023 is drawing to an end
But another year of raw uncertainty is waiting for us
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But another year of raw uncertainty is waiting for us
The former Treasury secretary sounded the alarm early about the inflation threat. Now he worries about the Fed’s ability to get it under control without...
AUSTIN, Texas: In his Nov. 7, 2023 New York Times newsletter, economist Paul Krugman asks a good, albeit belated, question: Why did so many economists get the inflation outlook wrong? After all, the near-consensus among mainstream economists in recent years was that inflation would persist — and even accelerate — and that this justified substantial interest-rate hikes by the United States Federal Reserve (Fed). Yet the quasi-inflation of 2021–22 proved transitory.
In a small legislative body where seniority equals power and influence, Dianne Feinstein's decades-long Senate reign warped national policy and federal spending priorities to favor her home state.
In a small legislative body where seniority equals power and influence, Dianne Feinstein's decades-long Senate reign warped national policy and federal spending priorities to favor her home state.