Some investors worry that yields will jump significantly higher when the Fed stops buying bonds. But research by economists and Fed staff in recent years has found that tapering need not provoke a tantrum.
A Few Comments on Inflation First, transitory doesn't mean that price increases won't "stick". It means that year-over-year (YoY) inflation will decline back to the Fed's target of 2%.
Saving rate is still above pre-pandemic levels. This is not consistent with the Larry Summers inflation surge story
Bill Nye is fed up. And I’m with him. Trust science. “We’re all one species.” I’m here for all of this...
As President of the United States, I am asking for a legal solution on DACA, not a political one, consistent with the rule of law. The Supreme Court is not willing to give us one, so now we have to start this process all over again.