Not that critics of Jerome Powell’s latest move don’t have some good points, says Streetwise columnist James Mackintosh.

Still, as they say even a stopped clock is right twice a day. And the stopped clock that is the Fed was right that the high ...

Monetarists believe that the objectives of monetary policy are best met by targeting the growth rate of the money supply. Monetarism gained prominence in the 1970s—bringing down inflation in the ...

The fallacious notions that inform economics as practiced by leading economists of the various religions can be found in the bark stripped from the argeli shrub in Nepal.

Even as the unemployment rate remains near a half-century low, desperate bond markets pounce on the current jobs report, ...

Monetarists believe that the objectives of monetary policy are best met by targeting the growth rate of the money supply. Monetarism gained prominence in the 1970s—bringing down inflation in the ...

Lord King of Lothbury is to be the next president of the Marylebone Cricket Club. The former Governor of the Bank of England ...

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They did all the wrong things in the face of a very severe recession. And there are people, monetarists in particular, who believe that the Fed policy turned a normal recession into the Great ...

Stocks and to a lesser degree bonds have had daily swings of a size seldom ever seen. I am almost getting used to them.

Monetarists understand inflation to be caused by too many dollars chasing too few goods. In other words, the supply of money has grown too large. According to this theory, money's value is subject ...

If one is looking for the RBI story after 1991 -- how the central bank evolved under different governors and its fight for ...