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Garry Wills is a noted critic of Madison's argument in Federalist No. 10. In his book Explaining America, he adopts the position of Robert Dahl in arguing that Madison's framework does not necessarily enhance the protections of minorities or ensure the common good. Instead, Wills claims: "Minorities can make use of dispersed and staggered ...
After Wednesday’s Fed meeting, President Trump accused the Fed and Powell of creating and failing to stop pandemic-era inflation, which has fallen but has yet to return to the Fed’s 2% goal.
Traditionally, Fed chairs have used their Jackson Hole speech to deliver an important, longer-term policy message. Former Fed Chair Ben Bernanke used his speech in 2010 to present an argument that ...
Pinned post. Fed follows through, cutting interest rates by a quarter of a percentage point. The Federal Reserve cut interest rates for the second consecutive meeting on Thursday, this time by a ...
Despite the Fed's September cut, mortgage rates have increased over the last month, with the average interest rate on a 30-year fixed-rate loan sitting at about 6.72%, according to Freddie Mac ...
The Fed rate cuts made since September have "notably reduced the restrictiveness of monetary policy," she added. The Fed has now lowered short-term rates by a full percentage point to a range of 4 ...
Just one week after the Federal Reserve raised interest rates by three-quarters of a percentage point, Chair Jerome Powell said that the Fed was strongly committed to bringing inflation down and...
The ex-Kansas City Fed chief estimates the Fed will cut rates by 1.25 to 1.5 percentage points before they may pause and take stock of how the level of rates is relative to how the economy is faring.