iOS app Android app More
August 31, 2015

We Are Asking Too Much of the Federal Reserve

The Fed is famous for raising rates prematurely, seeing ghosts of inflation. But there is no inflation on the horizon -- the bigger worry is deflation. In fact, the inflation rate is well below the Fed's own target of two percent. And the Fed is the only game in town. On balance, I think the opponents of a rate hike have the better argument. But consider for a moment that last assumption -- that the Fed is the only game in town. The larger issue, which is getting submerged in the great debate about raising rates, is that the Fed should not be the only game in town. With fiscal stimulus ruled out politically, pressure is on the Fed to be the sole engine of growth. Yet the central bank can only do so much.

'A Nightmare On Elm Street' Director Wes Craven Dies

Wes Craven

'You Were One Of A Kind. Thanks For All The Years Of Scares And Fun'

Trump Is Setting The GOP Agenda...

Athena Image

...But What Is His Endgame?

Obama To Rename Mount McKinley As Denali

Athena Image

More Politics
Bernie Defense.. New Iowa Poll.. Cheney Warning.. Gay Dad Sounds Off.. Christie FedEx Quip

Why Every 2016 Candidate Should Get Out While They Still Can

Athena Image
Bloomberg via Getty Images

2 New Suspects Sought In Bangkok Bombing Probe

Athena Image
Credit: National Council for Peace and Order via AP

More WorldPost
Swaziland Tragedy.. Bangkok Bomb Arrest.. Africa's Awful Drought.. 'Kangaroo Court'.. Pakistan

Dominica Declares Disaster After Tropical Storm Erika

Athena Image
Credit: HECTOR RETAMAL via Getty Images

Fred Becomes Second Hurricane Of 2015 Atlantic Season

'Sexist' Tweet About Amal Clooney Prompts Outrage Online

Athena Image
Associated Press

More Media
Trump vs. Ramos.. Sharpton Moved To Sunday.. Fox Schooled On WDBJ Shooting Attack..


Athena Image

More Sports
Russell Wilson's Miracle Water.. Darryl Dawkins Dead At 58.. Usain Bolt vs. Segway.. Serena Sings..

Journalist Reportedly 'Confesses' To Instigating Chinese Market Plunge

Athena Image

More Business
An Unusual Alliance.. McDonald's Nightmare.. Walmart Gun Problem.. Tesla Win.. 'Crazy Lobster' :)

ISIS Reportedly Destroys Another Ancient Temple In Palmyra

Athena Image
Credit: SANA/AP

REPORT: U.S. Weighs Sanctions Over China For Cyber Hacking

Athena Image

Maria Sharapova Pulls Out Of U.S. Open Again

Athena Image

University Removes Jefferson Davis Statue

Athena Image

5 More California Inmates Diagnosed With Legionnaires' Disease

Athena Image

Yale Has A College Named After A Racist, But That Might Change

Athena Image

Father Of Slain Journalist: 'They Messed With The Wrong Family'

Reporters Killed
CBS News

West Virginia Considers Big Step To Crack Down On Corruption

Athena Image

Oliver Sacks Dies At 82

Oliver Sacks

Lawsuit Claims Teacher Was Fired After School Learned She Was Dating Black Man

Teacher Fired

Clerk Who Refuses To Marry LGBT Couples Performed Trans Man's Marriage

Trans Man Wed

More Gay Voices
Will Gays Abandon Hillary?.. Rentboy Male Escort Website Headquarters Raided.. LGBT Colleges

Jindal: Immigration Policy Is Not About Border Security, But About 'Values'

Athena Image
Bloomberg via Getty Images

Putin Pumps Iron In New Pictures

Athena Image
Credit: Anadolu Agency/Getty Images

Pregnant Woman Dies After Being Shot, Tossed From Kidnapper's Car


More Crime
Jared Fogle.. Baltimore Cop Charged.. Prison Escapee In Court.. Motel Explosion.. Ferguson

Fan Dies After Fall From Upper Deck At Atlanta Braves Game

Athena Image
Mike Zarrilli via Getty Images

What 4 Top Catholic Archbishops Expect From The Pope's Visit

Athena Image
VINCENZO PINTO via Getty Images

More Religion
Jews On Judaism.. Pope Quiz... Books For Spiritual Not Religious.. #BlackChurchSyllabus

A Toxic Chemical Ruined These People's Lives — And It’s Probably In Your Blood

Dupont Baby

Town Poisoned By DuPont Plant Is Fighting Back

Nigeria Says It Arrested 20 Suspected Boko Haram Chiefs

Athena Image
Credit: Sunday Alamba/Associated Press

Protesters Have No Free-Speech Rights On Supreme Court Plaza

Supreme Court Protest

Busboy Who Cradled A Dying RFK Is Finally Moving Past His Grief


REPORT: New Ebola Death Recorded In Sierra Leone

Athena Image
Credit: Michael Duff/ASSOCIATED PRESS

Bernie Brags About D-Minus NRA Grade

Athena Image

POLL: Rising In Iowa... Sanders: My Supporters Are 'Not Anti-Clinton'...

Walker Open To Building Wall Along Border With Canada

Athena Image

Germany Wants Other European Nations To Take In More Refugees

Athena Image
Credit: Santi Palacios/Associated Press

Murder Charges For Suspect In Fatal Ambush Of Deputy At Gas Station

Deputy Shot
Harris County Sheriff

Refugee Children Found In Critical Condition Inside Van In Austria

Ambulance Siren
Thomas Winz via Getty Images

Why The Migration Crisis Debate Is Full Of Misinformation

Video-Streaming App Viewers Encouraged Suspects To Use Gun

Sacramento Police Sacramento Police Periscope Damo
CBS Sacramento


    1. HuffPost
    1. HuffPost
    1. HuffPost
    2. View all RSS feeds

And The 2015 VMAs Winners Are...

Athena Image
Christopher Polk via Getty Images

More Entertainment
Miley, Miley, Miley.. 'AHS' Connections.. Selena's Sexy Selfie.. 'Game Of Thrones' Wow

The 'Appalling' Ways The Media Framed The Narrative After Hurricane Katrina

Disaster Weather Evacuation Victim Refugee Residen
Marko Georgiev via Getty Images

More HuffPost Live
Jerry Rice On Tom Brady.. Neil deGrasse Tyson.. 'Modern Fam'.. Mickey's Makeover.. Nina Garcia

Self-Help Guru Wayne Dyer Dies

Athena Image
Angela Weiss via Getty Images

Known As The 'Father Of Motivation'... First Book Sold 35 Million Copies

Kanye West Is Running For President

Kanye For Pres

ALSO: He Apologizes To TSwift

Miley Cyrus Is Basically Naked For The VMAs (NSFW)

Athena Image
Getty Images


Cobra Python

More Weird
Speedy Pigs.. Fire Rainbow.. Tot-Hoarding Dog.. Bear Chillin' In Hot Tub.. Taxi Escape

'Awe-Inspiring' Bond Between Sibling Dogs Captured In Rescue Video

Athena Image

More Good News
'Les Mis' Flash Mob.. Badass Grandma.. Pit Bull Memes.. Pug Reunites With Owner.. Kissing Booth

You Won't Believe How Old This Mysterious Wooden Idol Is

Shigir Idol
Siberian Times

More Science
Hubble Telescope Spies Cosmic 'Butterfly'.. Moon's Fiery Past.. Underwater Discovery.. Ancient Lizard

Escaped Wiener Dog Will Not Be Stopped!

Wiener Dog Race
El Paso Chihuahuas

The Best Looks From The Red Carpet

Getty Images

More Style
Karlie Kloss Rocks..'90s Supermodels.. Ankle Boots.. 10 Fall Must-Haves For Men.. 'Hipster Grandpa'

5 Beautiful Bouquet Ideas For Summer

Floral Design
The Hidden Garden/Micah & Megan

More Weddings
Engagement Pics.. Stunning Ceremonies.. BEST Photos.. Flower Girl Grandmas.. Happy Marriage

21 Free Things To Do In NYC

© Carrie Thompson / Alamy

More Travel
The 'Real' Cape Town.. Couples Retreats.. Disney ♥.. Michigan Beaches Ranked.. Solo Trip.. Zen Spots

Nicki Minaj Blasts Miley Cyrus During VMAs Acceptance Speech

Athena Image
Kevin Winter/MTV1415 via Getty Images

Rebel Wilson Jokes About Police Injustice At VMAs


Britney Spears Is Back, Y'All

Athena Image
Steve Granitz via Getty Images

First-Born Women At Higher Risk Of Obesity

Athena Image
Rostislav_Sedlacek via Getty Images

More Healthy Living
Highly Sensitive.. Adrenal Fatigue.. Jump Rope Moves.. Donald Trump.. Mental Health.. Yoga

7 Things No Grieving Person Wants To Hear

Woman Forgive via Getty Images

More OWN
Why Your Home Stinks.. Best Breakup Advice.. 5-Minute Side Dishes.. Tim McGraw On Addiction

6 Beauty Products That'll Help You Beat The Afternoon Slump

Athena Image
JGI/Jamie Grill via Getty Images

Watch: Taylor Swift's New 'Wildest Dreams' Video

Taylor Swift

Kim Kardashian And Kanye West Look So In Love At The VMAs

Athena Image
Frazer Harrison via Getty Images


Athena Image
MARK RALSTON via Getty Images

How To Find Out If You're A Supertaster

Athena Image
AntonioGuillem via Getty Images

More Taste
Emoji Cocktails.. Best Tomato Recipes.. Easy 30-Minute Dinners.. The Spiciest Cocktails

Taylor Swift Joins Nicki Minaj For VMAs Opening Performance

Athena Image
Kevin Winter/MTV1415 via Getty Images

Kylie Jenner Looks A Lot Like Kim At The VMAs

Getty Images

SeaWorld's 'Day In The Life Of Tilikum' Video Is Super Depressing

Sea World
Sea World/YouTube

Why U.S. Colleges Cost So Much

Expensive Degree
zimmytws via Getty Images

More Fifty
Kevin Bacon.. Top Spots To Retire Abroad.. Enjoy HOT Sex In Middle Age.. 6 Reasons To Love Aging

'Downton Abbey' Trailer Previews An Emotional Goodbye

Downton Abbey

WATCH: The Craziest NFL Preseason Catch

Odell Beckham Jr
NBC Sports

Men Get Real About Sex After Menopause

Sex After Menopause
Nick Holmes

First Black Actor To Lead In 'Les Miz' Dies At 21

Kyle Jeanbaptiste Arts Black Actors
Kyle Jean-Baptiste

NFL Team Surprises Cheerleader By Reuniting Her With Military Husband

St Louis Rams