Archive for the ‘Federal Reserve’ Category

Trade, trickle down, and the Fed: Revisiting three points from the big debate

September 28th, 2016

Before the first presidential debate fades into the next news cycle, there are three economic points that bear revisiting: We need a new paradigm for trade policy. The outsider campaigns of Trump and Sanders, along with the realities of many people and communities hurt by globalization, have elevated international trade as a major issue in this… Read more

Anatomy of a hawkish dove

September 26th, 2016

Eric Rosengren, the President of the Boston Federal Reserve Bank, was one of three dissenting votes in the Fed’s decision last week not to raise the benchmark interest rate they control. Since Rosengren has a pretty dovish record—he’s not one to see spiraling inflation around every corner, when the data say otherwise—his dissent was surprising… Read more