Economics

Economics

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Don’t Expand the Federal Reserve’s Mandate
Don’t Expand the Federal Reserve’s Mandate
The Federal Reserve has traditionally focused on monetary policy and bank regulation, but some are calling for the Fed to address other issues, such as climate change and economic inequality. But further politicization of the Fed would be dangerous and counterproductive, reducing Fed independence and leading to more economic instability. The Fed should instead focus exclusively on monetary policy and leave political issues to Congress.
·discoursemagazine.com·
Don’t Expand the Federal Reserve’s Mandate
Econ Exploder: GDP : The Indicator from Planet Money
Econ Exploder: GDP : The Indicator from Planet Money
The Bureau of Economic Analysis released their quarterly gross domestic product report this week. It showed GDP shrank at an annualized rate of 1.4%. Not good. But there's a mix of stories in the details. We explain with the help of a bit of music.
·npr.org·
Econ Exploder: GDP : The Indicator from Planet Money
Dollar surges to 2-decade high as investors seek refuge
Dollar surges to 2-decade high as investors seek refuge
NEW YORK (AP) — The U.S. dollar’s value surged in April as investors sought refuge amid the Federal Reserve’s aggressive shift to fight rising inflation. Rising inflation that has caused the biggest jump in prices in 40 years has spurred the Federal Reserve to aggressively raise interest rates, which increases demand for U.S.
·apnews.com·
Dollar surges to 2-decade high as investors seek refuge
The Government’s Role in Expanding Broadband Access
The Government’s Role in Expanding Broadband Access
This morning the White House announced that 20 major internet service providers have committed to lowering the cost of internet access for low-income households who qualify for the federal subsidy of up to $30 per month (of $75 per month for tribal households).
·jadrian.substack.com·
The Government’s Role in Expanding Broadband Access
So Expensive Series - Apple Products - Blog
So Expensive Series - Apple Products - Blog
Apple products are not cheap. What is it that makes them carry such a hefty price tag? There are plenty of options for consumers when it comes to things like computers, tablets, and smartphones. Yet, Apple is the clear preference for consumers in the United States.
·ngpf.org·
So Expensive Series - Apple Products - Blog
Biden taking 'hard look' at student loan forgiveness
Biden taking 'hard look' at student loan forgiveness
WASHINGTON (AP) — President Joe Biden said Thursday that he's “taking a hard look” at canceling additional federal student loan debt and will reach a decision within a month. “I am considering dealing with some debt reduction,” Biden told reporters in the Roosevelt Room at the White House.
·apnews.com·
Biden taking 'hard look' at student loan forgiveness