Richard Nixon took measures for short-term political gain that harmed the economy for the rest of the 1970s. | Opinion ...

Struggling households would have benefited from an ‘insurance against global trade risk’ outsized 50 basis point rate cut if ...

Expansionary fiscal policy isn't the only tool used to combat economic downturns. During some economic cycles, the monetary policy set by the Federal Reserve has been more effective. Here are some ...

Lastly, expansionary monetary policy may increase the money supply relative to the output of goods and services, raising prices and reducing the currency’s value. As Milton Friedman famously ...

In both cases, expansionary monetary policy was not appropriate for the long-term health of the economy. Let’s review both cases. Many readers will remember that just a few months ago ...