Economy

Everyone talks about independence of central banks. But does it guarantee better decisions? 1. The Fed’s Dilemma: Credibility vs. Responsiveness 2. What’s The Point of Central Bank Independence (CBI)? 3. Does Independence Drive Growth? 4. Why the Fed Resisted Earlier Rate Cuts 5. Answering The Question: How Important

If the Fed cuts rate this month as expected, what will be the impact for households and the real economy. And will it prevent a recession?

Did you know that the definition of 'Recession' includes nothing about stock prices? Stock markets follow corporate profits (and the expectations of them). If profits become shaky, investors have less demand for stocks. Consumer spending is about two-thirds of GDP in the US, and around 50% of global