Sure, it could. But there are safer ways to reduce the country’s money supply.

The locations of the regional banks made sense for the economy of 1913. Populations and industries have shifted since then.

Higher yields on government bonds mean the interest rate you pay for pretty much everything also climbs.

The national average is still a paltry 0.13%, according to Bankrate, even as the Federal Reserve hikes interest rates.

Fresh consumer price index data pretty much guarantees a big interest rate hike when the Federal Reserve meets next week.

That’s one takeaway from the latest Beige Book, a snapshot of the economy from the 12 Federal Reserve banks around the country.

Influencer Kyla Scanlon talks about the art of making TikToks on macroeconomics and her battles with algorithms and attention spans.

Fed Chair Jerome Powell has made it clear he will not waiver in the fight against inflation, even if it causes economic pain.

There are some key words to watch for in Fed Chair Jerome Powell’s speech: “data,” “inflation” and “unemployment” are among them.

The Fed uses its buying power in the bond market to raise or lower interest rates by manipulating how much money is available in the economy.