Recent movements in short-term loan markets are a timely reminder of a forgotten truth: The Federal Reserve is not the…

Inflation ticked up last month, the Bureau of Labor Statistics reported. The Consumer Price Index (CPI) rose 0.3 percent last…

Last week, Fed Chairman Jerome Powell delivered his semiannual monetary policy report to Congress. Fed watchers will find lots to…

President Donald Trump’s on-again, off-again feud with Federal Reserve Chairman Jerome Powell has market observers apprehensive. Economists, policymakers, businessmen, and…

The explainer defines central bank independence, describes its theoretical desirability, and reviews classic and contemporary studies on how central bank…

Disinflation is no longer a blip, but a trend. The Bureau of Labor Statistics reported that the Consumer Price Index…

After slight deflation in March, prices rose again in April. The Bureau of Labor Statistics (BLS) reports that the Consumer…

After a quarter-long inflationary resurgence, it looks like prices are now falling. The Bureau of Labor Statistics reported that the…

President Trump is bringing federal agencies to heel. Is the Federal Reserve next? Our nation’s central bank jealously guards its…

After disappointing readings in November, December, and January, inflation appears to be slowing once again. Could this mark the return…