Federal Reserve – Tim W. Ferguson

Inflation’s Message From and To Trump

So much can and will be said, but one helpful message to be drawn from this election is that politicians and policymakers should be deathly afraid of ever loosing the inflation beast again. Memories and aftereffects of the price rises of 2021-2023 fed into the economy being an overriding reason for ousting Democrats from theContinue reading “Inflation’s Message From and To Trump”

Fed’s Mary Daly Misses a Labor Component in Price Rises

It fell to me to ask the obligatory question about the strong dollar at this appearance of San Francisco Federal Reserve president Mary C. Daly at the Council on Foreign Relations today, and she gave the obligatory response that the currency’s forex value is not one of the Fed’s mandates. She elaborated a bit inContinue reading “Fed’s Mary Daly Misses a Labor Component in Price Rises”