Tag Archives: The Fed

Very Serious Republicans

Richard Shelby is blocking the nomination of Peter Diamond to sit on the Fed board of governors. Why? Shelby says Diamond is unqualified. Diamond is a professor of economics at a little school called MIT. Diamond won the Nobel Prize … Continue reading

Posted in Economy | Tagged , , , , | Comments Off

More Stimulus, If You Please

Because the Fed can’t do much of anything. Members of the Federal Reserve lowered their expectations for economic growth and raised their projections of the nation’s unemployment rate, cautioning for the first time in recent memory that the low employment … Continue reading

Posted in Economy | Tagged , , , | Comments Off