Jerome Powell presses a button, and halfway across the world, a government buckles. There are a lot of steps in between, but that’s the gist of it. In truth, the Federal Open Market Committee (FOMC) meets and sets a new target range on the fe...
Tag: financial markets
Jerome Powell presses a button, and halfway across the world, a government buckles. There are a lot of steps in between, but that’s the gist of it. In truth, the Federal Open Market Committee (FOMC) meets and sets a new target range on the fe...
First, a disclosure: As part of a class I’m taking, I’m involved with Rhode Island Payday Lending Reform, the coalition whose cause I discuss below. Payday loans are a way for people who need cash, and don’t have access to traditional banking r...
First, a disclosure: As part of a class I’m taking, I’m involved with Rhode Island Payday Lending Reform, the coalition whose cause I discuss below. Payday loans are a way for people who need cash, and don’t have access to traditional banking r...
Sequestration – the series of automatic spending cuts that went into effect March 1 – came not with a bang but a whimper. The Obama administration did its best to argue that the cuts would have drastic consequences, almost implying that we’d ha...
Sequestration – the series of automatic spending cuts that went into effect March 1 – came not with a bang but a whimper. The Obama administration did its best to argue that the cuts would have drastic consequences, almost implying that we’d ha...