Posted on

Ben Bernanke Sees ‘Stagflation’ Ahead

Standing in his kitchen one morning in Washington, D.C., and drinking a glass of lightly flavored water, Ben Bernanke is wearing a gray suit, a button-down shirt, no tie and […]




Posted on

Bond Market Unsettled by Inflation Worries

From a longer vantage, the August 2020 trough may just possibly have marked the end of a 40-year bull market in bonds. The rock-bottom 10-year yield that summer was the […]




Posted on

Could Inflation Prompt Powell to Act Like Volcker?

The war in Ukraine threatens to keep costs elevated for longer. Gas prices have already surged, lifting headline inflation as consumers pay more at the pump. Disruptions to supply chains […]




Posted on

How to Prepare as the Fed Moves to Rein In Inflation

The amounts involved in the Fed’s quantitative easing have been staggering. Back in 2008, the Fed’s balance sheet had assets of $820 billion. They reached $4.5 trillion — yes, trillion […]