Policy
-
News
Fed Chair’s Message Is Clear: The Fight Against Inflation Isn’t Over
Jerome H. Powell, the head of the Federal Reserve, struck a resolute tone in a speech at the central bank’s most closely watched conference.
-
Newyork
None Dare Call it Victory
Flation — whether in- or de- — is, other things being equal, a bad thing. Money is the economy’s unit of account, the yardstick we use to calculate profit and loss, make contracts, specify debts and more. It’s problematic when that yardstick keeps ...
-
Newyork
Biden and America’s Big Green Push
A year ago, defying predictions that President Biden’s agenda was dead in the water, Congress passed the Inflation Reduction Act. The I.R.A. is sort of the Holy Roman Empire of legislation — as in being neither holy, nor Roman, nor an empire. That is ...
-
News
Bank of Japan, in Surprise, Signals a Move Away From Easy Money
Japan’s central bank takes a step toward allowing interest rates to rise, saying it will be more flexible in managing its bond market.
-
US
Federal Judge Blocks Biden Administration’s New Asylum Policy
Immigrant advocacy groups challenged the administration’s decision to sharply limit who is allowed to apply for asylum in the United States.
-
World
Turkey’s Lira Falls to New Low as a New Economic Policy Forms
The News The value of the Turkish lira as measured in dollars plunged Wednesday by more than 7 percent to a record low, signaling a potential shift in the government’s economic policy. Under President Recep Tayyip Erdogan, Turkey’s government has ...
-
News
Fed Minutes Showed Policymakers Were Still Intent on Easing Inflation
Federal Reserve officials thought they needed to do more to cool the economy even before a series of strong data releases in recent weeks.