On Wednesday, July 30, 2025, I dissented from the Federal Open Market Committee’s (FOMC) decision to maintain the target range for the federal funds rate at its current level. As the Committee’s post-meeting statement notes, I preferred to lower the target range for the federal funds rate by 25 basis points.1 Inflation has moved considerably closer to our target, after …
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Did the state of California turn on In-and-Out, or vice versa?
Southern Californians, we have not been betrayed. In-N-Out Burger is not moving its headquarters to another state, despite all the panic and performative outrage over recent comments by the fast food chain’s owner and chief executive, Lynsi Snyder. Last week, on the “Relatable” podcast, Snyder told conservative commentator Allie Beth Stuckey that she’s leaving the Golden State for Tennessee. “There’s …
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