Dec 11 Watch What’s next for U.S. monetary policy By PBS News Hour It is widely anticipated that chair of the Federal Reserve Board Janet Yellen will announce an interest rate increase this week during the board’s last meeting of the year. Binyamin Appelbaum, economic reporter at The New York Times, also expects… Continue watching
Sep 30 Column: What’s missing in our economy? Inflation By Vikram Mansharamani Quantitative easing and other unconventional policies should have produced extraordinary inflation, quite possibly even hyperinflation. So what's going on?… Continue reading
Sep 21 Watch 3:36 News Wrap: Fed will keep key interest rate near record lows By PBS News Hour In our news wrap Wednesday, the Federal Reserve said it will hold on keeping a key, short-term interest rate near record lows. Chair Janet Yellen suggested a hike was likely before year’s end. Also, the crisis in Syria took center… Continue watching
Aug 26 Watch 6:52 News Wrap: Siege near Damascus to end after 4 years; suicide bomb kills 11 in Turkey By PBS News Hour In our news wrap Friday, hundreds of Syrian residents and fighters were allowed to leave Daraya, a suburb of Damascus that had been under siege since 2012. Secretary of State John Kerry met his Russian counterpart in Geneva to discuss… Continue watching
Jun 30 Column: Why the Fed should print more money, not less By Paul Solman In the current economic environment, central banks certainly should create new money -- not only to shore up the world banking system short-term in a time of tremulous uncertainty, but more importantly, in order to make necessary investments. Continue reading
Jun 29 Column: The monetary bubble to end all bubbles is coming By Terry Burnham The world’s central banks are likely to vastly increase their money creation, resulting in the biggest monetary bubble ever, with perhaps $100 trillion more new money on its way into the global economy, predicts economist Terry Burnham. Continue reading
Jun 15 Column: Are we headed for a recession? By Vikram Mansharamani Depressing stats about the U.S. economy are everywhere. And if we do find ourselves in a recession, the Fed will have few tools left to deploy. Continue reading
May 20 Column: The world economy is running on monetary fumes By Benn Steil, Emma Smith Global growth is stalling, and central banks are running out of options. Continue reading
Mar 16 Watch 4:12 News Wrap: Trump dismisses talk of contested convention; Fed maintains interest rates By PBS News Hour In our news wrap Wednesday, Republican frontrunner Donald Trump warned against trying to deny him the party’s presidential nomination via a brokered RNC convention in July. Also, the Federal Reserve decided to hold interest rates steady, saying the U.S. economy… Continue watching
Mar 10 Here’s a finger-picking bluegrass song about the Fed’s plan for interest rates By Jon Shayne What do a fiddle, a barn dance and a bale of hay have to do with the Federal Reserve's interest rate policy? A whole lot, says Merle Hazard, who's written yet another finger-picking country song about the economy. Continue reading