Fed Chair Says Time for a “Policy Adjustment”
Yahoo!Finance Federal Reserve Chair Jerome Powell sent a straightforward message to markets in a key speech on Friday, saying “the time has come” for the central bank to begin lowering [Read More]
Jerome Powell
There’s Only One Way Out – End the Fed
PJ Media So now it’s the Federal Reserve that’s going to either taint the November election or tank the economy. “Delivering a rate cut ahead of the election could rile [Read More]
Officials Try Reassuring the Public As $120 Billion Withdrawn from Small Banks
CNBC Regulators again assured the public that the banking system is safe, as fresh data showed customers recently pulled nearly $100 billion in deposits. Treasury Secretary Janet Yellen, Federal Reserve [Read More]
US Banking Sector’s Bad Week Just Got Worse: Silicon Valley Bank Closed by FDIC
Banks are supposed to be stogy, risk adverse institutions that make their money on safe investments, like US treasuries. This truism has held for decades when holding treasuries issued by [Read More]
Biden Fails the West
The Hill Global economies are in free fall even as inflation runs unchecked. The Western world looks to the president of the United States for leadership; they look in vain. [Read More]
Fed Signals Intention To Stop Pumping Money Into The Economy And Raise Interest Rates
cnbc A major shift is underway at the Federal Reserve to begin to remove the central bank’s massive pandemic easing policies, and could see it hike rates sooner than is [Read More]
Fed Chairman Dashes Dems’ Hopes For A Recession
Gateway Pundit During his remarks Powell said he does not foresee the U.S. sliding into a recession soon, despite a slowdown in global growth and uncertainties surrounding the U.S.-China trade [Read More]
President Appoints Stephen Moore To The Fed
In a decision bound to shake things up within “the temple,” president Trump has appointed writer / commentator Stephen Moore to the Federal Reserve Board. Moore has been an outspoken critic [Read More]