economic growth

End the Fed

End the Fed

In response to the potential economic downturn in the economy arising from the spread of the Coronavirus, the Federal Reserve dropped the federal funds rate by half a point — to a range of 1% to 1.25%. Ironically, after the Fed’s announcement, the stock market dropped...

The Myth of Consumer Spending

The Myth of Consumer Spending

The recently-reported 3.2 percent growth of the nation’s economy for the first quarter of 2019 was met by a wide variety of interpretations by business analysts. Some said it soothes fears of a coming downturn, while others looked below the headline figure for...

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