Project Syndicate: The ghost of Arthur Burns haunts a complacent Federal Reserve that’s pouring fuel on the fires of inflation

Federal Reserve Chairman Jerome Powell’s comments on inflation last Wednesday added fuel to the contra-dollar trade. During a press conference following the Fed’s decision to leave interest rates unchanged, Powell said, “In order.....»»

The toxic combination of ill-timed fiscal stimulus, aggressive imposition of tariffs, and unprecedented attacks on the Federal Reserve demands a far more critical assessment of Trump’s economic policies, writes Stephen Roach......»»

As the Federal Reserve has little firepower, Congress ought to do its part......»»

Stephen Moore is wholly unfit to serve on the Federal Reserve, writes Brad DeLong......»»

An extended stretch of rising inflation could peak soon, but the Federal Reserve will need more concrete evidence to justify sticking to its middle-of-the-road strategy on boosting interest rates. The April CPI is unlikely to offer much proof......»»

A top White House economic adviser said Thursday that President Donald Trump will seek to fill two Federal Reserve Board vacancies with nominees who don’t believe a rapidly expanding economy has to fuel faster inflation......»»

Lawrence Kudlow said President Trump will seek to fill two Federal Reserve Board vacancies with nominees who don’t believe a rapidly expanding economy has to fuel faster inflation......»»

Hopes for lower mortgage rates soon were tempered Friday as inflation showed little signs of easing in March, with a key report the Federal Reserve eyes closely showing that price pre.....»»

As US growth shows signs of sputtering and inflation keeps rising, a re-run of the tumultuous 1970s is looking more likely. US Federal Reserve Board Chairma.....»»

Paul Krugman, a prominent American economist, has weighed in on the current inflation debate, citing a recent survey by the Atlanta Federal Reserve that suggests stable inflation expectations. read more.....»»

Federal Reserve Chairman Jerome Powell was clear in new remarks Tuesday that the central bank has no intention of cutting rates until the U.S. makes sustained progress in bringing down inflation. The Fed chief.....»»

The Federal Reserve is keeping interest rates high to tame pri.....»»

Federal Reserve officials seem to be having some success in calming investor fears over inflation --- a chart from Deutsche Bank illustrates why that was a tall task......»»

U.S. stock-index futures point to a higher start Tuesday, finding support after Federal Reserve officials soothed worries over a pickup in inflationary pressures......»»

Dallas Federal Reserve President Robert Kaplan weighs in on cryptocurrencies, inflation and the Fed's economic plans......»»

Equity benchmarks rise Friday morning, aiming to mark a second day of gains in a choppy week of trade that continues to be marked by concerns about Federal Reserve policy in the face of rising inflation in the economy's Covid recovery......»»

U.S. stocks on Thursday finished higher for the first time in four sessions, buoyed by upbeat labor-market data as investors shook off worries that a pickup in inflation could force the Federal Reserve to start reining in its a.....»»

Stocks close higher Thursday, as upbeat economic data helps investors shake off worries that a pickup in inflation could force the Federal Reserve to begin reining in its accommodative monetary policy sooner than expected......»»

Investors are expected to focus on Federal Reserve speakers in the coming week as they react to US consumer prices climbing to a 13-year-high. OHANNES EISELE/AFP/Getty Images US futures and European stocks edged lower on Monday after overni.....»»

The Biden administration and Federal Reserve have waved off fears of out-of-control inflation, saying that bumps in prices will be temporary and won’t pulse through the whole economy......»»