Theoretical economist Paul Ormerod says that failure is the defining characteristic of biological, social, and economic systems.But he doesn’t think that’s a bad thing as expecting failure, and reacting flexibly is essential to success.
Fed’s Waller, leaning against March cut, sees easings later in year
Federal Reserve Governor Christopher Waller opposes a rate cut at the upcoming policy meeting. He suggests future cuts are possible if inflation pressures decrease. Waller
March 7, 2025