Michael W. Klein is the William L. Clayton Professor of International Economic Affairs at Tufts University, and the co-executive director of the nonpartisan economic publication EconoFact.
One of Sen. Joe Manchin’s main concerns in deciding to pull his support for President Joe Biden’s Build Back Better plan is that it would drive up inflation. Here’s why one economist thinks those concerns are misguided.
One of Volcker's legacies is taming the runaway inflation that posed an existential threat to the U.S. economy in the late 1970s. Less discussed is just how important he was to establishing the principle of an independent Federal Reserve.
If a recession hits, the Fed might need to lower rates below zero, which could cause other problems in the financial system.
President Donald Trump on Friday again encouraged the Federal Reserve to cut interest rates.
Current U.S. immigration law severely limits family-based immigration, one of the policies at the heart of the current immigration debate in the Senate.
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