Peter Morici

Fed’s Powell should say less and stay the course to quell inflation

The Federal Reserve should do more, say less and be more modest. Published November 29, 2022

Democracy still stands—perhaps

We've had our midterm elections and despite President Biden's alarmism, our democracy proved robust. Published November 23, 2022

The new normal after Powell quells inflation won’t be pretty

The Federal Reserve's quick raising of interest rates is disrupting stock and bond markets, and multiplying default risks for corporate and developing country debt. Published November 15, 2022

Don’t expect Sunak to fix the U.K. economy

Prime Minister Rishi Sunak may give financial markets what they want -- spending cuts to slash the government deficit -- but not what Britons need -- a path to growth and prosperity. Published November 8, 2022

Culture, shared purpose and trust are critical for America’s prosperity

The midterm elections highlight Americans' frustrations with inflation and the general direction of the country -- with major factions wanting quite different new destinations. Published November 1, 2022

Biden’s morning after the elections hangover will a be a headache for the Fed

Joe Biden fancies himself a transformational president like FDR but behaves like a throwback from big-city political machines. Published October 25, 2022

Lack of thoughtful leadership destroying the world economy

Federal Reserve Chairman Jerome Powell and Bank of England Gov. Andrew Bailey are burdened by stubborn inflation and national governments either too woke or unimaginatively conservative. Published October 18, 2022

Biden undermining Federal Reserve’s efforts to curb inflation

Federal Reserve Chairman Jerome Powell has gone to considerable effort to convince observers that he will raise interest rates as much and as long as necessary and risk a recession to bring inflation under control. Published October 11, 2022

GOP candidates need to focus on the economy, inflation and the border crisis

The midterm elections are quickly becoming a tragedy of lost opportunity for the Republicans in a year that was ripe for huge gains. Published October 4, 2022

Federal Reserve still not doing enough to fight inflation

The Federal Reserve is not doing enough to fight inflation. Published September 27, 2022

Voters do not want Biden or Trump in 2024

Presidents Joe Biden and Donald Trump would not be the most attractive choices for 2024. Published September 20, 2022

Biden’s student loan forgiveness threatens America’s economy and democracy

President Joe Biden's student loan forgiveness has attracted criticism from the left and right, but few express the menace it poses to economic stability and constitutional order. Published September 13, 2022

Time for Biden to start working with both sides of the aisle

If President Joe Biden wants to be reelected, he had better figure out how to work with Republicans in Congress. Published September 6, 2022

If America refuses to lead globalization, China will

Skeptics are criticizing western sanctions on Russia and COVID inspired hardening of supply chains, as nails in the coffin of globalization, but don't count on it. The only question is who leads. Published August 30, 2022

Biden’s CHIPS and Inflation Reduction Act will boost inflation and slow growth

Democrats heading into midterms can tout President Biden's green energy and health care legislation and the CHIPS Act. But these forays into industrial policy will stoke inflation and slow capital formation and growth. Published August 23, 2022

Why Biden’s inflation is seemingly uncontrollable

The Federal Reserve and the Biden administration are in a treacherous period. Published August 16, 2022

Powell’s soft landing vs. recession is irrelevant

The economy is slowing, and inflation continues to impose unrelenting pain on working- and middle-class Americans. Published August 9, 2022

It’s high time for Republican hopefuls to challenge Trump

Las Vegas bookmakers are offering good odds Republicans will win both the House and Senate, but after those victories, what can they do? Published August 2, 2022

Biden is too ‘woke’ even for Democratic voters

President Biden is in deep trouble within his own party. In a recent New York Times/Siena College poll, 61% of Democrats indicated they would prefer a different standard-bearer in 2024. Published July 26, 2022