The Ridgewood Blog Brings a Free Market Laissez-faire Point of View to Local, New Jersey State and National Issues.
the staff of the Ridgewood blog
It was a quiet morning in September 2025 when the Bureau of Labor Statistics (BLS) dropped a bombshell that sent shockwaves through the nation. The agency announced a massive downward revision of its employment figures, wiping out a staggering 911,000 jobs that were previously thought to exist between March 2024 and March 2025.
the staff of the Ridgewood blog
WASHINGTON, D.C. — In a historic first for the Federal Reserve, Board Governor Lisa Cook announced she is filing a lawsuit to challenge her dismissal by President Donald Trump, marking the first-ever termination of a Fed governor in the central bank’s 111-year history.
the staff of the Ridgewood blog
WASHINGTON, D.C. — The Federal Reserve, long considered the nation’s most powerful financial institution, is facing renewed scrutiny over its independence — and whether that independence has morphed into something more dangerous: a near-monarchical power structure with minimal democratic accountability.
the staff of the Ridgewood blog
Wall Street NY, in the high-stakes world of U.S. monetary policy, Federal Reserve Chair Jerome Powell has built a reputation as a cautious decision-maker—balancing the twin mandates of controlling inflation and supporting employment. But as President Donald Trump’s economic vision—fueled by aggressive tariffs and growth-oriented policies—advances, Powell’s refusal to cut interest rates is sparking fresh speculation: Is this really about economics, or is politics creeping into the Fed’s decisions?
Continue reading Is Jerome Powell’s Rate Freeze a Political Move Against Trump’s Economic Agenda?
the staff of the Ridgewood blog
Washington DC, pause, not stop. That’s the message from the US Federal Reserve. On Wednesday the FED paused it’s 15-month rate-hiking campaign to normalize interest rates . In its latest statement the FED promoted the “we will see”, saying inflation remains too hot , the job market remains robust, and banking system is sound despite recent miss steps . All this points too the coveted “soft landing” .
