Glenn Hubbard, Project Syndicate | August 18, 2025
Although Donald Trump is wrong to impugn the US Federal Reserve chair's motives, the central bank has made some serious mistakes. To avoid repeating them, the next chair will have to confront fundamental questions about the institution's approach to policymaking.
The US Federal Reserve held interest rates steady at 3.50% to 3.75% for a third straight meeting, reflecting caution amid rising global uncertainty. According to the Fed’s statement, tensions in the Middle East and elevated energy prices continue to weigh on the economic outlook and keep inflation
Kevin Warsh, the Federal Reserve chair nominee backed by Donald Trump, is unlikely to deliver rapid interest rate cuts despite White House expectations, according to analysis reported by CNN. The report said multiple economic factors are limiting the case for lower rates. Inflation remains elevated, with consumer prices rising 3.
By Jonathan Newman, Mises Wire | April 23, 2026 Fed Governor Christopher Waller visited Auburn University on Friday, and I had the unusual opportunity not only to hear his public talk but also to have lunch with him and a few Auburn faculty members beforehand. While I pay more attention to
Kevin Warsh, U.S. President Donald Trump’s nominee to lead the Federal Reserve, called for a “regime change” at the central bank during a tense Senate confirmation hearing, as reported by multiple outlets. He criticised the Fed’s handling of post-pandemic inflation and argued for a new policy framework
By Joakim Book, Mises Wire | May 11, 2026 For a brief moment starting in the 1870s, economics was close to becoming a genuine science of human action. Carl Menger in Vienna, William Stanley Jevons in England, and Léon Walras in Lausanne independently (re)discovered what the Spanish Scholastics had only
In 2024, the America First movement earned significant electoral gains among young voters, especially young men.
By Frank Shostak, Mises Wire | May 11, 2026 A commonly-held view is that money has value because the government in power says so. For other commentators, the value of money is established because money is accepted. But why is it accepted? Well, because it is accepted! The demand for a
By Matt Hisrich, Mises Wire | May 11, 2026 While reading The Wealth of Shadows—Graham Moore’s excellent historical novel about pre-World War II global finance—I couldn’t help but feel a growing sense of unease regarding the current state of international economics. Set just before the United States
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