When asked to rank the impact of global risks over the next decade, though, the physical environment came first, with extreme ...
Forbes contributors publish independent expert analyses and insights. Mike Patton covers the financial markets, economy, and national debt. Will tariffs cause inflation? As Democrats and Republicans ...
The Federal Reserve on Wednesday released the minutes from the central bank's monetary policy meeting last month, which showed that while policymakers anticipate further interest rate cuts, they ...
July PCE data show core inflation rising to 2.9%, despite lower non-durable goods prices in July, as service inflation accelerates. Consumer incomes increased, led by wage income, which possibly ...
The Fed's view is that tariff inflation is temporary, and the August CPI is unlikely to change this view, given the weak August labor market report, with muted wage growth. In fact, the August CPI ...
In a speech in July Gregory Mankiw of Harvard University set out in stark terms what must happen to bring to an end America’s unsustainable accumulation of debt. The five options: big cuts in ...