The recent decision by the Federal Reserve to slash interest rates by half a percentage point has sent ripples through the economic landscape, raising crucial questions for fiscal conservatives. While some may tout this move as a necessary step to…

The rate of inflation slowed more than anticipated in May, but the Fed’s response holds steady. Inflation numbers for the month of May were officially released today, with the Department of Labor announcing that the Consumer Price Index showed prices…

Navigating Economic Challenges: A Call for Pro-Growth Policies in America As we navigate the complexities of the U.S. economy, the recent data from March 2024 underscores a pivotal truth: we must return to free-market principles that foster abundant prosperity. Amidst…

Highlights Figure 1: Real Average Weekly Earnings Remain Down 4.4% Since January 2021 Source: Fed FRED Labor Market The Bureau of Labor Statistics recently released its U.S. jobs report for January 2024, which was another mixed report with some strengths…

Inflation shot higher than expected in January. The latest Consumer Price Index (CPI) report has thrown a wrench into the expected timeline for Federal Reserve rate cuts, as inflation figures for January came in higher than anticipated.  The report revealed…

Highlights Figure 1: Real Average Weekly Earnings Declined Year-Over-Year for 26 Months Before Being Up in Four but Fell Again Last Month and Remain Down 5% Since January 2021 Overview Labor Market The Bureau of Labor Statistics recently released its…

Highlights Figure 1: Year-Over-Year Real Average Weekly Earnings Declined for 26 Months Before Increasing in the Last Three but Fell Again and Remain Down Nearly 5% Since January 2021 Overview Labor Market The Bureau of Labor Statistics recently released its…

The Federal Reserve holds interest rates at current levels, but the future outlook is more uncertain. At their September meeting held last week, The Federal Reserve’s “Federal Open Markets Committee” (FOMC) declined to increase Federal Funds Interest Rates further and…

This commentary was originally published at EconLib here. It is being republished with permission from the author. Americans say the economy is the most important problem facing the country. But major headlines covering the latest jobs report for August do their best…

Rate Hike Speculation and Recession Concerns for 2024 On Tuesday and Wednesday of this week, the Federal Reserve’s Federal Open Market Committee (FOMC) will meet to discuss the state of the US economy, the ongoing threat of inflation, and possible interest…

Highlights Figure 1: Year-Over-Year Real Average Weekly Earnings Declined for 26 Months Before Increasing in the Last Three but Remains Down Nearly 5% Since January 2021 Overview Labor Market The Bureau of Labor Statistics recently released its U.S. jobs report…

It has now been more than three years since governments across the country forced us into an artificial recession in response to COVID-19, interrupting some of the greatest economic growth and prosperity under President Trump that America had seen in…

With all the recent talk of extraterrestrial aliens and Ukraine, you might have missed the recent news story of yet another bank failure in the United States this year.  July saw another bank failure in the United States, the Heartland…

What They Are and How They Affect You Last week, the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) increased the Federal Funds Interest Rates to 5.25-5.50%, for a 22-year high. This follows almost a year and a half of…

The Federal Open Market Committee (FOMC) met today to discuss the state of the U.S. economy and monetary policy. According to recent indicators, the U.S. economy is experiencing modest growth in spending and production, while job gains have picked up…