Monetary policy (page 7)

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    Forbes focuses on Fed’s foibles

    Steve Forbes‘ latest contribution to Forbes magazine includes another critique of the Federal Reserve. TO SEE WHY the outlook for the global economy gets gloomier, just look at what John C. Williams, president of the Federal Reserve Bank of San Francisco, said at a…
    Mitch Kokai, February 19, 2016
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    New Carolina Journal Online features

    Dan Way reports for Carolina Journal Online on N.C. Insurance Commissioner Wayne Goodwin’s concerns about the negative impacts of Obamacare. Becki Gray’s Daily Journal focuses on a new tool that could help North Carolina rein in growth of the state’s regulatory burden. An interview…
    Mitch Kokai, February 5, 2016
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    A gloomy assessment of 2016 investment prospects

    David Malpass offers Forbes readers little reason for optimism about their investments in the year ahead. WHAT A PICKLE. Even if the January equity slump resolves itself, investors face another tough year. The Federal Reserve and other financial regulators have been aggressively deflationary, driving…
    Mitch Kokai, January 29, 2016
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    Barron’s editorial page editor takes the Fed to task

    Thomas Donlan‘s latest Barron’s editorial commentary challenges a central notion of central banking. A leading business daily summed up the mood of investors after the wild market action last Wednesday: “Global stocks plunged, driven by heightened concerns about growth and fading confidence in the…
    Mitch Kokai, January 25, 2016
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    CBO: Federal deficit will continue to rise

    A new Congressional Budget Office (CBO) report says that “the deficit this year will increase, relative to the size of the economy, for the first time since 2009.”  CBO researchers continue, If current laws generally remained unchanged, the deficit would grow over the next 10 years, and by 2026…
    Terry Stoops, January 19, 2016
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    Barron’s editorial page editor highlights the Fed chair’s power

    Thomas Donlan devotes a Barron’s editorial commentary to Janet Yellen’s unrivaled role in American monetary policy. The person who sits in the chair at the Federal Reserve holds more concentrated power over the economy than the power over laws and rules held by the…
    Mitch Kokai, December 21, 2015
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    Fed fights measure designed to limit its ad hoc actions

    The latest print edition of National Review features the following blurb: Fed chairman Janet Yellen is denouncing a bill that she says would “severely impair” monetary policy. It is, in actuality, an exceedingly modest piece of legislation. It would direct the Federal Reserve to adopt a rule to…
    Mitch Kokai, December 18, 2015
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    Forbes pans NY Times’ take on gold

    The latest issue of Forbes magazine features Steve Forbes‘ critical assessment of the New York Times‘ response to the gold standard. THE NEW YORK TIMES recently ran an article trashing the idea of a return to a gold standard. A growing number of Republicans,…
    Mitch Kokai, December 18, 2015