The money supply contracted for the first time. What does stagnation mean.

font size The Fed raised interest rates seven times in the past year. Andy Jacobson/AFP/Getty Images The Federal Reserve faces a very important decision in the coming weeks. Markets expect the central bank to raise interest rates by a quarter of a percentage point, marking a significant slowdown in the pace of history-making increases. If … Read more

Inflation has not yet been overcome | Barron

Did Dr. Pangloss have a Ph.D. in economics? It seems so. in Voltaire CandideAnd Dr. Pangloss He declared himself the best of all possible worlds, despite the evidence around him. And sure enough, things are getting better, and the markets and media are increasingly in agreement, at least as far as inflation is receding. But … Read more