US Federal Reserve

This website depends on readers’ support In the 1970s when I served in the congressional staff and […]

In previous years I regularly reported on the monthly jobs reports. I explained that most of the […]

The New York Federal Reserve bank reports that US household debt has hit a new record. Americans […]

gallon of milk 48 cents loaf of bread 8 cents dozen eggs 36 cents 2 postage stamps […]

Deficit spending is when government overspends its revenues and issues Treasury bills/bonds to borrow the money to […]

Like all indoctrinated economics PhDs, I used to teach students that the Federal Reserve was created as […]

Dear readers and fellow economists, the Federal Reserve is treating a rise in prices from supply shocks […]

First Republic Bank became the second largest bank to fail in the US on Monday, and the […]

The Federal Reserve’s higher interest rates after 12 years of zero interest rates are devaluing the asset […]

The Federal Reserve decided it had not wiped out enough banks and again raised interest rates, thereby […]

With stocks tumbling on Wall Street and increasing worries about more bank failures, the big question is: […]

The failure of Silicon Valley Bank (16th largest bank in US) last Friday resulted from depositors withdrawing […]