The market may be disappointed that Federal Reserve Chairman Powell turns out to be more Paul Volcker than Arthur Burns in staying the course in his inflation fight.
Angel investor Tatiana Koffman discusses decades of Federal Reserve monetary policy, and why billionaire Paul Tudor Jones once predicted that bitcoin would become a workable inflation hedge.
Despite inflation initially falling from the near double digits last June through the end of the year, inflation is three times higher than what the Federal Reserve considers acceptable, and it is evidently rising. Between the Fed s preferred inflation measure skyrocketing last month and the persistently overheated job market, Chair of the Federal Reserve of the United States Jerome Powell has made clear that not only will the central bank not slash interest rates any time soon, but they also have a ways to go with hiking rates.
After nearly a century of public service, Jimmy Carter has entered home hospice care, signaling that the end is near for America s longest living president. While Carter s lackluster tenure in the White House has been largely overshadowed by his post-presidential philanthropy, conservatives in particular ought to recognize that it was Carter who began to tackle the inflation crisis that Richard Nixon created.