The article argues that the Federal Reserve's recent rate hike decision, while justifiable on inflation grounds, highlights a critical lack of an underlying, transparent policy framework. The core problem is that the Fed's decisions appear discretionary, leading to market uncertainty because the committee's judgment, rather than clear data, dictates policy shifts. The author proposes that the Fed adopt a formal monetary policy rule—an algebraic formula linking the target rate to indicators like inflation and unemployment—to replace subjective guidance. Implementing such a rule would provide market predictability, enhance transparency, and shield the Fed from political attacks by making deviations from the standard easily quantifiable.
Reading the Public: American Attitudes Toward U.S. Foreign Policy
English Summary
An event titled 'Reading the Public: American Attitudes Toward U.S. Foreign Policy' will analyze U.S. public opinion on the nation's foreign policy and its role in the world. Panelists will present findings from recent polling and survey data, including the 2026 Edelman Trust Barometer, Gallup’s World Affairs survey, and the 2025 Reagan National Defense Survey. The discussion aims to explore what Americans think about these critical international issues, offering insights into public sentiment that could influence U.S. foreign policy direction.
中文摘要
一場題為「解讀民意：美國民眾對美國外交政策的態度」的活動，將深入分析美國民眾對其國家外交政策及其在全球所扮演角色的看法。小組成員將發表最新民意調查和問卷數據的結果，其中包括2026年愛德曼信任度調查、蓋洛普世界事務調查以及2025年雷根國家安全調查。此次討論旨在探討美國民眾對這些關鍵國際議題的觀點，並為可能影響美國外交政策走向的公眾情緒提供見解。
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