When asked to rank the impact of global risks over the next decade, though, the physical environment came first, with extreme ...

Forbes contributors publish independent expert analyses and insights. Mike Patton covers the financial markets, economy, and national debt. Will tariffs cause inflation? As Democrats and Republicans ...

The Fed is cutting its discount rate again, but Americans will be disappointed with the results, as the Fed’s latest action ...

The Federal Reserve on Wednesday released the minutes from the central bank's monetary policy meeting last month, which showed that while policymakers anticipate further interest rate cuts, they ...

In a speech in July Gregory Mankiw of Harvard University set out in stark terms what must happen to bring to an end America’s unsustainable accumulation of debt. The five options: big cuts in ...

The Fed's view is that tariff inflation is temporary, and the August CPI is unlikely to change this view, given the weak August labor market report, with muted wage growth. In fact, the August CPI ...

The 2% inflation target was set arbitrarily decades ago and may no longer fit today's economic realities. Persistently aiming for 2% inflation is increasingly difficult due to higher liquidity, larger ...