News

President Donald Trump repeated his attacks Monday against the chair of the Federal Reserve, demanding that the central bank ...
Mark Carney appeared destined to become one of Canada’s shortest-serving prime ministers until Donald Trump picked a fight ...
People tend to interpret ambiguous information as confirming whatever they believed to begin with.
Brainard: If so, it is not a smart strategy. Hitting working families with huge price hikes, raising the risk of throwing the ...
Big Mac inflation outstrips CPI, showing how flawed methods distort real economic conditions and market signals. Check out ...
Small business owners worry that mounting economic uncertainty, driven largely by President Trump's shifting tariff policies, ...
The Federal Reserve Bank of Philadelphia today appointed Anna Paulson as its next president and chief executive officer.
The Federal Reserve Bank of Philadelphia today named Anna Paulson as its upcoming president and chief executive officer. In her new role, Paulson will represent the Third Federal Reserve District at ...
Kristalina Georgieva, the managing director of the International Monetary Fund, warned in a speech that protectionism erodes ...
We study the positive (not normative) effect of a permanent import tariff on trade deficits. We consider a two-period trade model with general preferences and technology. We first develop an ...
We examine how the political ideology of corporate leaders shapes cross-border firm networks. Exploiting changes in ideological alignment between U.S. firm CEOs and foreign governments around close ...
Economist Robert Higgs described the “ratchet effect” in which government either creates a crisis or responds to one, leading ...