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Economic Winter Has Arrived

(Doug French, Mises Institute) The average card-carrying Austrian would say that the Federal Reserve is creating money by the bale, with evidence being Consumer...

Powell: ‘No Guarantee’ Fed Can Tame Inflation, Spare Jobs

(AP) Federal Reserve Chair Jerome Powell said there's "no guarantee'' the central bank can tame runaway inflation without hurting the job market. Speaking Wednesday at...

Did Corporate Greed Fuel Inflation? It’s Not Biggest Culprit

(AP) Furious about surging prices at the gasoline station and the supermarket, many consumers feel they know just where to cast blame: On greedy...

Inflation Sparks Global Wave of Protests

(AP) Rising food costs. Soaring fuel bills. Wages that are not keeping pace. Inflation is plundering people's wallets, sparking a wave of protests and...

Fed Chairman Grilled over Failures

(Money Metals Exchange) As Congress sought answers from Federal Reserve chairman Jerome Powell this week, investors are seeking buying opportunities in oversold markets. Fed chairman...

Powell: Fed Must Convince Public It Can Tame Inflation

(AP) As if their job weren't hard enough at a time of raging inflation, Chair Jerome Powell and his Federal Reserve colleagues have to...

Fed’s Powell Facing Rising Criticism for Inflation Missteps

(AP) Federal Reserve Chair Jerome Powell won praise for his deft leadership during the maelstrom of the pandemic recession. As threats to the U.S....

Three Biden Policies That Have Increased Gas Prices

(Brad Polumbo, Foundation for Economic Education) Average gas prices recently passed $5 per gallon nationwide, setting a new record. This is bad news for workers' budgets,...

Inflation Taking Bite Out of New Infrastructure Projects

(AP) The price of a foot of water pipe in Tucson, Arizona: up 19%. The cost of a ton of asphalt in a small...

Yellen: Recession Not Inevitable, Gas Tax Holiday Weighed

(AP) Treasury Secretary Janet Yellen said Sunday that she expects the U.S. economy to slow in the months ahead, but that a recession is...