What is national debt and how does it affect our economy?
Austan Goolsbee, president of the Chicago Fed, says Chair Warsh’s new policy to cut back on forward guidance could prevent dings to Fed credibility.
Fed Chair Jay Powell held a press conference after every interest rate decision. It wasn’t always done this way.
Demand for short-term bonds has fallen. Demand for longer-term bonds is still strong.
Until the start of the Iran war, most central banks were comfortable holding interest rates steady, or even cutting them. But things are different now.
As the war continues and inflation rises, the cost of government borrowing is going up too.
The Fed hasn’t always been so transparent about how it makes interest rate decisions.
Gas taxes aren’t popular, but they go toward funding — and maintaining — roads and bridges across the country.
Between tax cuts for U.S. households and corporate tax breaks, who’s actually footing the bill?
Interest rates on long-term bonds have been headed upward since around 2020, after spending decades before that trending downward.
His announcement comes after a decision to hold rates steady attracted the most FOMC dissents since October 1992.
