Jerome Powell, the Federal Reserve Chairman, recently signaled that rate cuts are incoming. Details on the rollout of those cuts were sparse, but Powell indicated that the nation’s central bank is concerned about hiring slowdowns and rising unemployment. Such a move means that the bank will ease off on reducing inflation.
This week, Independent Institute interprets what our economic landscape means for ordinary Americans. Scott Beyer kicks us off, pointing out the folly of America’s overengineered cities. We also consider why Americans hate buying cars so much (but still buy them), examine the impact of U.S. tax policies on citizens living abroad, and analyze growing concerns about the reliability of U.S. Treasuries.
Happy reading.
Jonathan Hofer
Managing Editor
