The Federal Reserve

The Fed’s Shockingly Irresponsible Interest Rate Pause

For the second consecutive meeting, the Federal Reserve has decided to hold interest rates constant. Just as it did in…

1 year ago

Fed’s Rate Pause Contributes to Harmful Inflation Psychology

Once again, the Fed has eased up on its restrictive monetary policy too soon. Late last year the Fed stopped…

2 years ago

Jerome Powell Says An Economic ‘Soft Landing’ Is Not The Fed’s ‘Baseline Expectation’

An economic soft landing is not a baseline expectation for the Federal Reserve as it keeps interest rates high, according…

2 years ago

Coming: higher inflation, higher interest rates, labor strikes, wage/price spiral

On Wednesday, the Consumer Price Index for August will be released. It will show a significant increase in inflation, perhaps…

2 years ago

Latest data points to September interest rate hike

The Federal Reserve’s Open Market Committee will meet again later this month. The popular belief is that the Fed will…

2 years ago

What’s Wrong With FedNow? Everything

Seamless money transfers? State-of-the-art security and tracking features? A hassle-free payment service backed by the Fed? No annoying third-party systems?…

2 years ago

Powell Says Interest Rate Hike Is Coming, Despite Pause Last Week

Federal Reserve Chairman Jerome Powell said in a Wednesday statement that an increase in interest rates should be expected until…

2 years ago

Inflation is tame in May, but likely to accelerate. Fed must raise rates again.

According to the Bureau of Labor Statistics, the Consumer Price Index (CPI) increased by only .1% in May. For the last…

2 years ago

Fed Hikes Rates To Highest Levels Since Eve Of 2008 Financial Crisis

The Federal Reserve hiked its benchmark federal funds rate by a quarter of a percentage point on Wednesday, the 10th…

2 years ago

DUH! Federal Reserve Says It Dropped The Ball In Silicon Valley Bank Failure

The Federal Reserve’s banking supervisors failed to take adequate action to solve California tech lender Silicon Valley Bank’s (SVB) severe…

2 years ago

Once Again, Fed Not Aggressive Enough

The Federal Reserve raised the Federal Funds Rate by 25 basis points at its March 22 meeting. Since Chairman Jerome…

2 years ago

Fed Raises Interest Rates To Highest Levels Since 2007

The Federal Reserve hiked its target federal-funds interest rate by a quarter of a percentage point Wednesday, the ninth in…

2 years ago

Jerome Powell Says Fed Is Ready To Hike Interest Rates Quicker Than Anticipated

Federal Reserve Chair Jerome Powell said during testimony to the Senate Banking Committee Tuesday that, due to an unexpectedly strong…

2 years ago

Latest Data Indicates Fed Must Be More Aggressive

After a shockingly irresponsible monetary policy in 2021, which greatly contributed to the record high inflation, the Fed finally realized…

2 years ago

What Another Fed Interest Rate Hike Means For You

The Federal Reserve is likely to further slow its historically aggressive pace of interest rate hikes at its Wednesday meeting…

2 years ago