Peter Morici

War in Iran poses terrible risks for the global economy

The war with Iran will last longer than President Trump anticipated. Published March 31, 2026

War lays bare the consequences of America’s choices

The wars in Ukraine and Iran reveal unsettling lessons. Published March 24, 2026

Higher gas prices are the least of our problems

President Trump says a temporary spike in the cost of oil is a small price to pay to secure peace. He's right. Published March 17, 2026

Boosting deposit insurance would make banks safer

When the Trump administration and Sen. Elizabeth Warren agree, a skeptical eye is warranted. However, sometimes they are onto something. Published March 10, 2026

The difficult path to 2% inflation

The economy is in a sweet spot, but accomplishing 2% inflation will be tough. Published March 3, 2026

Kevin Warsh’s Fed will navigate a radically new era

If confirmed, Kevin Warsh will take over the Federal Reserve at a time of radical new challenges for central bankers. Published February 24, 2026

Dollar stability defies Trump’s political turbulence

In recent weeks, the dollar has fallen against most other currencies, but President Trump appears little disturbed. Published February 17, 2026

Greenland’s commercial loyalties are as important as U.S. military bases

President Trump is right to be interested in securing Greenland, but he should adjust his tactics and broaden his objectives. Published February 10, 2026

Economy threatens House Republicans in midterms

The Trump economy is delivering growth and investment in artificial intelligence, the stock market is booming and real wages are rising, yet many voters are unhappy. Published February 3, 2026

Trump’s tariff Plan B: Isolate China

Tariffs are critical to President Trump's fiscal policies and efforts to redirect growth toward manufacturing. Published January 27, 2026

America’s productivity miracle will power a broader bull market

The U.S. economy is outperforming the expectations of both the experts and skeptics. Published January 20, 2026

Trump’s 2026 economy

President Trump and Chinese ruler Xi Jinping have set into motion a fundamental reordering of international commerce. Published January 13, 2026

Market confidence depends on a Fed immune to Trump’s pressure

President Trump may be able to appoint a loyalist to chair the Federal Reserve Board of Governors, but that hardly guarantees he will get lower interest rates that boost the economy. Published January 6, 2026

New Year’s resolutions for Washington policymakers

President Trump is the most activist president since Franklin D. Roosevelt. Published December 30, 2025

Stocks offer refuge in an age of inflation, deficits and policy drift

The Federal Reserve had few good choices when deciding to cut interest rates yet again. Published December 23, 2025

AI spending frenzy tests the limits of stock market discipline

Stock market gains are fueling wealthy consumers, investments in artificial intelligence and economic growth. Published December 16, 2025

Trump’s affordability crisis

Last month, Democrats won races for governor in Virginia and New Jersey and mayor in New York City by hammering "affordability." Published December 9, 2025

Federal Reserve should not lower interest rates

After cutting interest rates in September and October, the Federal Reserve should pause rate cuts at its December meeting. Published December 2, 2025

Prosperity without workers: The AI paradox shaping Trump’s economy

The economy is growing, but jobs are harder to find. Published November 25, 2025

Trump’s trade reset exposes Europe’s hypocrisy on free markets

President Trump is redefining the bargain between America and its allies by radically altering post-World War II Western security arrangements. Published November 18, 2025