The Federal Reserve’s Federal Open Market Committee (FOMC) today announced an increase of 75 basis points to the target federal funds rate, raising the rate to 1.75% from 1%. June’s meeting today was the third meeting this year at which the FOMC has raised rates.

Inflation is at a forty-year high, fuel prices are wreaking havoc, and there's no end in sight. Time for Biden to tell us how good we have it. Original Article: "Will Punch-Drunk Biden Take America Down with Him?" This Audio Mises Wire is generously sponsored by Christopher Condon. 

According to the June 1, 2022, Financial Times, Janet Yellen, the US Treasury secretary conceded she was wrong last year about the path inflation would take. Yellen told CNN: There have been unanticipated and large shocks to the economy that have boosted energy and food prices and

Both consumer prices and producer rose near to multi-decade highs last month. Price inflation rose to 8.6 percent while wholesale producer prices rose by more than 10 percent. In both cases, a significant factor behind rising prices—but certainly not the only factor—was high energy prices. This

Skyrocketing asset prices are great for hedge fund managers and Wall Street types, but they increasingly drive ordinary people into unsustainably large amounts of debt. Original Article: "Are Today's Homeownership Rates Sustainable?" This Audio Mises Wire is generously sponsored by Christopher Condon. 

Tho Bishop introduces a new Mises Institute podcast: War, Economy, and State, with Ryan McMaken and Zachary Yost. The War, Economy, and State podcast covers geopolitics and international relations from a free-market and anti-interventionist perspective. You can subscribe at Mises.org/WES. Be sure to follow Radio Rothbard

The covid-19 pandemic featured an unprecedented fusion of the interests of large and powerful corporations with the power of the state. Democratically elected politicians in many countries failed to represent the interests of their own citizens and uphold their own constitutions and charters of rights.

Thank you very much for the invitation. I am delighted to have the opportunity to share some thoughts with you on a topic I am very much interested in and that I believe is of the utmost importance to people around the globe—and that is

The Davos crowd sold globalization as a way to bring nations together. Unfortunately, by insisting on political conformity, the globalists have set the world on fire. Original Article: "Instead of Uniting the World, Globalization Has Set Nation against Nation" This Audio Mises Wire is generously sponsored by

With a budget surplus of more than $200 million, the California legislature is thinking big, really big, and that means one thing: single-payer government healthcare, which recently was introduced as AB 1400. Notes the Los Angeles Times: This measure … would completely change healthcare coverage for