Alexander W. Salter
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Financial
What a Trumped-up Fed Means for the Global Economy
President Trump is bringing federal agencies to heel. Is the Federal Reserve next? Our nation’s central bank jealously guards its…
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Financial
Price Growth Slows in February
After disappointing readings in November, December, and January, inflation appears to be slowing once again. Could this mark the return…
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Financial
The Fed’s Triple Mandate Problem: It’s Time to End the Confusion
What is the Federal Reserve’s job? The standard answer is to maintain full employment and stable prices. This is what…
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Financial
Against Central Bank Independence
President Trump’s return to the White House has sparked a resurgence of interest in central bank independence. Federal Reserve Governor…
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Financial
To Whip Inflation, Trump Needs The Courage To Be Unpopular
How much longer will high inflation plague the US economy? Both the Consumer Price Index (CPI) and the Personal Consumption…
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Financial
Forecasts Stable: The Fed Should Take a Breather
Prices still pinch: The Bureau of Labor Statistics announced the Consumer Price Index (CPI) rose 0.4 percent in December and…
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Financial
Moderate Inflation Affirms Fed’s Path to Easing
"The Fed should ignore the political noise and follow the data. Central bankers failed to curb inflation, but that doesn’t…
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Financial
Harris’s ‘Joy’ Would Cost US Dearly
"Economists have a duty to point out just how destructive these proposals are." ~Alexander W. Salter
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Financial
Moderate Inflation Returns in July
"To judge whether monetary policy is loose, it is not enough to show that monetary aggregates are growing at historically…
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Financial
Consumer Prices Decline in June
"Interest rates tell us monetary policy is very tight. The money supply tells us monetary policy is somewhat tight. Will…
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