Rogue AI Is a Scary But Fixable Problem

Published on August 24, 2026

No doubt, AI can be an unnerving tool. But it isn’t magic, malevolent, or secretly sentient. With some reasonable rules in place, policymakers should be able to keep the bots in line, and unleash the benefits for everyone else.

Continue reading on website
Other news

A Testing Time For Inflation Targeting

August 24, 2026
To some, the debate over inflation targeting is largely an academic exercise. But its outcome will have direct consequences for the paths of global interest rates and global markets. Some background on how we arrived at this juncture, and where we might go from here, follows.

Takeaways From the Federal Open Market Committee Minutes

August 24, 2026
The minutes from the most recent Federal Open Market Committee (FOMC) meeting, released this week, revealed a committee that remained broadly hawkish. Policymakers continued to characterize inflation as elevated and emphasized that upside inflation risks persist.