In my previous post, I explained how the real-bills doctrine originally espoused by Adam Smith was later misunderstood and misapplied as a policy guide for central banking, not, as Smith understood it ...

U.S. Federal Reserve policymakers meeting next week are expected to keep interest rates on hold but the larger story unfolding will be how the central bank confronts early moves by President ...

Days before the first Federal Reserve meeting of 2025, Trump said that he would "demand" lower interest rates – but the politically independent central bank isn't beholden to the president's ...

Jerome H. Powell has been a member of the Board of Governors of the Federal Reserve System (FRB) since May 25, 2012, appointed by then-President Barack Obama to fill an unexpired term. He was ...

Investopedia / Photo Composite by Alice Morgan / Getty Images It would be a huge surprise to financial markets if the Federal Reserve did anything other than hold its interest rate flat when the ...

In the 1930s, disillusioned farmers and ranchers fought to carve a 49th state out of northern Wyoming, southeastern Montana and western South Dakota Eli Wizevich Visitors will be safely strapped ...

DAVOS, SWITZERLAND — The Federal Reserve now needs to be on Trump watch if it wants to engineer the proper dose of monetary policy, according to Bank of America chief Brian Moynihan.

At a time when the Virgin Islands inhabits an increasingly unpredictable and dangerous world, the territory’s policy of forging strong links with Asia is a great vision. Asia is the future.

The gold standard hasn’t been used in the US since the 1970s, but when Donald Trump was president from 2017 to 2021 there was ...

Though the U.S. has experienced several recessions, there has only been 1 major depression. Often referred to as “the Great Depression,” the stock market crash of October 29, 1929, caused the ...

Jan. 14, 2025 — Depression continues to grapple a large proportion of the population. Given the side effects associated with the long-term use of conventional antidepressants, there is a need ...

Although depression most often arises in response to some kind of defeat, depression can seem to arise out of the blue, for no obvious reason. It may even arise when life appears to be going ...