The Latest Breaking News from Alan Greenspan

Explore the concept of exuberance in the global economy and its implications for Powell's leadership as Federal Reserve Chair.

The Federal Reserve is slow-walking rate cuts to restrain surging AI stocks and the S&P 500, fearing that irrational exuberance may derail a soft landing,

The U.S. central bank has taken the highest inflation in four decades seriously, increasing the short-term Fed Funds Rate by 500 basis points from March 2022 through May 2023. The Fed has also tightened credit for further maturities via quantitative tightening. While the consensus over the past year supported rate…

A responsible political class would significantly reform the organization. Instead, they will likely continue to give it more power.

Financial deregulation led to the crash in 2008 and it could again in 2023. It’s time to make banking boring again

Set against the backdrop of the Great Depression, the 1946 classic, It’s a Wonderful Life, centers around themes of love, family, and redemption, but its most memorable scene happens during one of its darkest moments. Banker George Bailey, portrayed by Jimmy Stewart, had put aside his own ...

Details buried in the consumer price index could hint at what’s in store for the U.S. economy.

In an unusual moment for the US economy, analysts look for hidden signals of consumers’ worries

Hopes for a Fed pivot are premature, as Jay Powell has not succeeded yet in anchoring inflation expectations.