07/29/14 12:15 PM
WASHINGTON (AP) — This much is clear: The Federal Reserve will make another cut this week in its monthly bond purchases, which have been aimed at keeping long-term loan rates low. This much is not: When will the Fed start tightening its interest-rate policy to thwart any runaway inflation? How...
By Joseph Lawler | 07/28/14 07:46 AM
For perspective, if the Fed were allowed to buy stocks, at current prices it could have bought Apple, Google and Microsoft for that sum -- with General Motors and Ford thrown into the mix, with $44 billion left over.
By Joseph Lawler | 07/25/14 12:58 PM
There's new evidence that the huge number of Americans counted as long-term unemployed has been dropping in recent months because those people have been finding jobs, not because they've given up looking.
By Hester Peirce | 07/24/14 03:12 PM
The difficulty of Dodd-Frank implementation is not primarily the regulators' fault; the problem comes from Dodd-Frank's determination to rely on government regulation as a cure for government policy distortions. Instead, let's work on getting rid of the distortions that encourage people to behave...
By Joseph Lawler | 07/24/14 12:41 PM
Those expecting the housing market to adjust to last year's steep increase in mortgage rates and resume recovering from the mortgage crisis will have to wait longer for clarity.
By Richard Pollock | 07/22/14 06:17 PM
Stronger cybersecurity measures are needed to protect a federal data-mining system containing the most private financial information on hundreds of millions of Americans, an inspector general warns.
By Joseph Lawler | 07/21/14 08:17 AM
Federal Reserve Chairwoman Janet Yellen isn't sure what's gone wrong with the U.S. housing comeback. “I have to say that I'm somewhat surprised,” Yellen said of the weakness of the housing market in a hearing in the House last week. “Frankly, it continues to be sluggish. And I can't give you a...
By Steve Chapman | 07/17/14 10:43 AM
There is a point at which firmness of conviction becomes obstinacy, and there is a point at which obstinacy becomes comedy. The latter was on spectacular view the other day when a prominent inflation hawk self-destructed on national TV.
By Joseph Lawler | 07/16/14 05:50 PM
She avoided making any big monetary policy news in two appearances on Capitol Hill this week, but Janet Yellen couldn't escape a few confrontations that raise doubts about the details of the Federal Reserve's plans to avoid bailouts in future financial crises.
By Mark Tapscott | 07/16/14 08:36 AM
Sports reporters who never say anything critical of their local teams are known in the journalism profession as "Homers." Big government has its homers in the news media, too.
By Joseph Lawler | 07/15/14 01:43 PM
Sen. Elizabeth Warren grilled Federal Reserve Chairwoman Janet Yellen on an important provision of the law intended to prevent banks from becoming too big to fail.
By Joseph Lawler | 07/14/14 07:38 AM
If the current economic recovery had kept pace with other post-World War II recoveries, the average American would have $2,700 more in annual income.
By Paul Bedard | 07/11/14 10:50 AM
A Michigan lawmaker cites his son's AP Government flash cards to demand Congress stand up to President Obama and his administration.
By Joseph Lawler | 07/10/14 06:27 PM
Stanley Fischer warned that "actively breaking up the largest banks would be a very complex task, with uncertain payoff," even though some critics say more regulation is needed in the wake of the 2008 financial crisis.Â
By Joseph Lawler | 07/10/14 12:53 PM
House Republicans are trying again to rein in the Federal Reserve, this time with a bill that would force the central bank to explain its monetary policy decisions to Congress.
By Byron York | 08/18/14
By Justin Green | 08/19/14
By Washington Examiner | 08/17/14
By Mark Tapscott | 08/19/14
By Betsy Woodruff | 08/19/14