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The Fed Is Failing Its Mandate, But It Could Change Soon

The Fed Is Failing Its Mandate, But It Could Change Soon

Authored by Daniel Lacalle,The Federal Reserve’s legal mandate is clear. It must focus on stable prices and maximum employment. In the past five years, the Fed has failed on both. Inflation remains materially above the 2 percent target, reaching a decade-high 25%...
Megacities Are Booming | zh

Megacities Are Booming | zh

The number of people living in megacities has been growing significantly for decades, rising from 2.5 percent in 1950 to 16.4 percent of city dwellers in 2020.As Statista’s Katharina Buchholz details below, according to UN projections, this figure will continue...
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