Your Money: Ditch the Resolution

2020-01-02

By Chris Taylor NEW YORK(Reuters) – It is hardly a secret that people rarely stick to New Year’s resolutions – only about 8% of people actually make it to the finish line with their goals, according to studies from the University of Scranton, in Pennsylvania. So here is a betterRead More →

Why the Fed should ditch its 2% inflation target

2019-06-17

The Federal Reserve is charged by Congress to accomplish full employment and stable prices. For economists, these objectives pose a tradeoff, and the Fed targets 2% inflation as a compromise. All this is premised on economic theories rendered obsolete by the globalization of many goods and services markets, capital mobility, and resulting wageRead More →