Desmond Lachman

The central bank must respond to major events as they unexpectedly occur.

If ever we needed an independent Fed to navigate us through troubled waters, it has to be now.

America’s highly compromised public finances require that it do everything to promote economic growth to help manage the debt burden.

The last thing that the president needs is for a dollar decline to add more inflationary pressure.

The last thing the Fed should want is to be caught as flat-footed as it was in 2008.

The war in Ukraine has caused a sharp rise in military spending that is overheating the Russian economy.