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Day: September 26, 2023

Strikes Always Have Economic Consequences and the Latest UAW Strike Is No Exception

Strikes Always Have Economic Consequences and the Latest UAW Strike Is No Exception

September 26, 2023

The UAW’s strike against US automakers will do long-term damage to the domestic auto industry. Unfortunately, unions and...

The Fed Holds the Fed Funds Rate Steady—Because it Doesn’t Know What Else To Do

The Fed Holds the Fed Funds Rate Steady—Because it Doesn’t Know What Else To Do

September 26, 2023

The Federal Reserve’s Federal Open Market Committee (FOMC) on Wednesday left the target policy interest rate (the...