Monetary policy (page 8)

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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
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    Barron’s column questions government efforts to boost growth

    Former Bush administration and congressional staffer J.T. Young offers Barron’s readers a critique of the federal government’s long-running efforts to stimulate economic growth. An October poll conducted by the Associated Press and the German research institute GfK showed just how deeply Americans have come…
    Mitch Kokai, November 30, 2015
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    Barron’s ‘Economic Beat’ writer sees more inflation on the way

    Gene Epstein of Barron’s explains in his latest column why inflation might be heading toward the targets the Federal Reserve has been watching. Might there be a light at the end of the inflationary tunnel, signaling to the Federal Open Market Committee that inflation…
    Mitch Kokai, November 23, 2015
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    NC’s Tax Ranking moves to #15

    Every year the Tax Foundation publishes the State Business Tax Climate Index that allows taxpayers, businesses and policymakers an easy comparison of how their state’s tax systems relate. This ranking of the states is based on tax policy, and has been very important in North Carolina over the last…
    Sarah Curry, November 17, 2015
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    How Ted Cruz captured Steve Forbes’ attention

    Amid the barbs, one-liners, and sound bites, one piece of CNBC’s recent Republican presidential debate attracted Steve Forbes’ attention. He explains why in the latest issue of Forbes magazine. LOST AMID all the fireworks in that CNBC debate of the GOP presidential candidates was…
    Mitch Kokai, November 16, 2015