FOCUS: Voting & Precinct Maps2022 Elections • Housing & Evictions • #MSWelfare Scandal • Jackson WaterAbortion •  Race & Racism • PolicingIncarceration
Headshot of Jerome Powell at a mic
MFP Voices

The Federal Reserve Can’t Stop Price Inflation—But A Recession Is Unlikely

“On March 16, 2022, the Federal Reserve raised its target interest rate by a quarter point, the first of many increases the U.S. central bank is expected to make over the coming months,” Jeffery S. Bredthauer writes. “The aim is to tamp down inflation that has been running at a year-over-year pace of 7.9%. The challenge is to do this without sending the economy into recession. Some economists and observers are already raising the specter of stagflation, which means high inflation coupled with a stagnating economy.”

Read More »
A blue screen of numbers and circuit boards and eyeballs
MFP Voices

How Much Damage Could a Russian Cyberattack Do In The U.S.?

“U.S. intelligence analysts have determined that Moscow would consider a cyberattack against the U.S. as the Ukraine crisis grows. As a scholar of Russian cyber operations, I know the Kremlin has the capacity to damage critical U.S. infrastructure systems. In January 2022 the U.S. Cybersecurity and Infrastructure Security Agency issued an alert that outlined the Russian cyberattack threat, with technical details of sophisticated Russian-led hacking from recent years. That included a complicated digital break-in that targeted the U.S. energy industry and gained access to the control rooms of U.S. electric utilities.”

Read More »