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House Majority Leader Steve Scalise, R-La., said Republicans were eyeing $1 trillion as a rough baseline for spending cuts as they prepare a massive...

Latest News

UN Secretary-General António Guterres seems to be bracing his staff ahead of possible changes in U.S. foreign policy under President Donald Trump. In a...

Economy

President Trump’s return to the White House has sparked a resurgence of interest in central bank independence. Federal Reserve Governor Michael Barr said he...

Economy

Another disinflationary hiccup: The Bureau of Labor Statistics (BLS) announced the Consumer Price Index (CPI) rose 0.3 percent in November and 2.7 percent over...

Economy

Why did the United States abandon the gold standard? In an article published recently by the Federal Reserve Bank of St. Louis, Maria Hasenstab...

Economy

Inflation ticked up in October. The Bureau of Labor Statistics reported that the Consumer Price Index (CPI) rose 0.2 percent last month. Prices are...

Economy

At the New York Times, Jeanna Smialek reports that economists are worried President-Elect Trump will stoke inflation. Voters returned Trump to office largely because...

Economy

After dipping well below the Federal Reserve’s 2-percent target in August, inflation now appears to be back on track. The Bureau of Economic Analysis...

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