One might as well try to perform brain surgery with a sledgehammer.

The benefit of appointing a hawkish central banker is the increased inflation-fighting credibility that such an appointment brings.

Over the years, the U.S. economy has shown a remarkable ability to absorb shocks of all kinds, to recover, and to continue to grow.

It must be awfully frustrating to get a small raise at work and then have it all eaten by a higher cost of commuting.

I don't fully understand movements in the gold price.

The people who best use their advantages, or overcome adversity, and work honestly are those most worthy of admiration.

We’ve never had a decline in house prices on a nationwide basis. So, what I think what is more likely is that house prices will slow, maybe stabilize, might slow consumption spending a bit. I don’t think it’s going to drive the economy too far from its full employment path, though.