Why A Recession Now May Mitigate Higher Long-Term Inflation Later The Federal Reserve is facing some critical decisions that will likely dictate the direction and pace of the economy over the next several years. Our view of the optimal scenario is where the Fed taps the economic brakes just enough to snuff out persistent inflation, […]
Only One Vote Counts in this Election Over the next few months President Biden may have the opportunity to nominate a majority of the Federal Reserve Board of Governors with the potential to fundamentally alter monetary policy and bank regulation. Like the Supreme Court, the Fed Board is comprised of seven of the most powerful, […]