The Latest Breaking News from Alan Greenspan

Economists warn credibility of Bureau of Labor Statistics at risk after Trump ousts commissioner over job numbers

According to the president, the U.S. economy will begin to slow down unless the Fed “lowers interest rates, NOW.”

Explore the concept of exuberance in the global economy and its implications for Powell's leadership as Federal Reserve Chair.

The Federal Reserve is slow-walking rate cuts to restrain surging AI stocks and the S&P 500, fearing that irrational exuberance may derail a soft landing,

The dollar index has gone to sleep in a 103 to 104 trading range. After trading below the 100 level in July and above 107 in October, the index has not moved much as stability returned to the dollar against the other reserve currencies. Meanwhile, given the geopolitical landscape, the…

Historian Nelson Lichtenstein’s new book details the price we have paid for free trade, deregulation and failed health care reform.

A crisis of global systemic relevance would require a confluence of factors, write BCG's Philipp Carlsson-Szlezak and Paul Swartz.

The U.S. central bank has taken the highest inflation in four decades seriously, increasing the short-term Fed Funds Rate by 500 basis points from March 2022 through May 2023. The Fed has also tightened credit for further maturities via quantitative tightening. While the consensus over the past year supported rate…

A responsible political class would significantly reform the organization. Instead, they will likely continue to give it more power.