December 15th, 2015
Six and a half years since the end of the Great Recession, the Federal Reserve appears likely to raise interest rates for the first time at this month’s Federal Open Market Committee Meeting on December 15th and 16th. We recently spoke with Kevin Warsh, former Fed governor, to get his thoughts on the timing of the impending rate rise, the Fed’s policy approach to normalizing markets, and why weakness in the global economy threatens the Fed’s tools, objectives and credibility in coming years.
January 25th, 2016
When the Federal Reserve’s Board of Governors meets this week (January 26 and 27), it will confront U.S. stock market declines, at best mediocre fourth quarter GDP performance, turmoil in global oil markets, U.S. dollar strength that is sapping sales and profits from U.S. companies, and global financial conditions that raise recession concerns.
February 8th, 2016
U.S. politics has evolved in ways that diminish voter identification with national political parties and the role of issues in the political process, and changed how parties and politicians communicate with voters and how national consensus on issues is achieved.