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johannes schmidt

Sound Money meets the Fed

In October of last year, while speaking at the Boston Fed,  Janet Yellen announced her concern over growing inequality in the United States, revealing that she thought it was “appropriate to ask whether this trend is compatible with values rooted in our nation’s history.” This concern was turned into action on November 14 when she […]

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Lucio Saverio-Eastman

Fed Still Likely To Take Gradual Approach After Strong Jobs Data

The February employment report, released by the Labor Department this morning, was broadly strong, showing the economy added 295,000 jobs in February, helping to push the unemployment rate down to 5.5 percent. Other broader measures of unemployment rates fell as well. However, the participation rate also ticked down in February.

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