The Fed Pretends to Listen
Central bankers insist on promoting inflation. What we’ve got here is failure to communicate.
Central bankers insist on promoting inflation. What we’ve got here is failure to communicate.
We don’t get it. Spending is slower, inflation is decelerating. Yet the Fed hiked rates today.
Just when China avoided a recession, it may have to cause one to prevent a pandemic.
The Mount Sinai Hospital director of Infection Prevention and Control Waleed Javaid, M.D., discusses the coronavirus and why he is not worried about the outbreak. Then, TrendMacro CIO Donald Luskin discusses the economic perspective.