The Federal Reserve

Top Fed Governor Announces Resignation, Giving Biden Another Nomination Opportunity

Federal Reserve governor Randal Quarles announced Monday he would resign from his position in December, giving President Joe Biden another…

4 years ago

The Federal Reserve Is Misleading the Public About Inflation

Just how bad is the inflation problem? According to the Consumer Price Index (CPI), annual inflation from September 2020 to September…

4 years ago

Federal Reserve Finally Begins Taking Small Steps To Fight Surging Inflation

The Federal Reserve said in September that it would begin taking steps to combat growing inflation in the U.S. economy,…

4 years ago

Fed Could Soon Lose Control Of Inflation Like In 1960s, Economic Historian Says

Prominent economic historian Niall Ferguson said current inflation could be in line with where it was in the 1960s during…

4 years ago

‘A Risk I’m Worried About’: Top Fed Officials Start Pushing Back On Powell’s Inflation Assessment

Federal Reserve leaders have started pushing back on the central bank’s official position that inflation is transitory and will return…

4 years ago

The Fed Should Take Action at Jackson Hole to Reduce Inflation

This week, the Federal Reserve (Fed) will meet for its annual symposium at Jackson Hole, Wyoming. This symposium is sponsored…

4 years ago

Inflation Up Again in May. The Worst Is Yet to Come.

The Commerce Department recently reported that the consumer price index (CPI) increased by .6% in May. That means prices have risen…

4 years ago

Fed Must Act Now: Inflation Psychology Is Building.

Since January, the inflation rate has been almost 6%. The rate has been around 2% or so for the last…

4 years ago

‘Not Grounded In Science’: GOP Senators Warn Federal Reserve Against Promoting Environmental Policies

Senate Banking Committee Republicans led by Ranking Member Pat Toomey urged Federal Reserve Chair Jerome Powell not to pursue environmental…

4 years ago

U.S. Economy: Monetary Policy Changes at the Federal Reserve Could Send Markets Higher

By many accounts, activity in the financial markets during these past summer months has been uncharacteristically volatile.  After hitting record…

6 years ago

Federal Reserve Cuts Benchmark Interest Rate For The First Time In A Decade

The Federal Reserve cut its benchmark interest rate Wednesday for the first time since 2008, and the president had strong…

6 years ago

U.S. Economy: Will The Fed Cut Rates to Stimulate Further Growth?

As the U.S. economy continues to show signs of strength, many have wondered if it is time for the Fed…

6 years ago

Trump Confirms Herman Cain Won’t Get Fed Nomination

President Donald Trump said that he would not nominate former presidential candidate Herman Cain for a seat on the Federal…

6 years ago

Herman Cain’s Fed Nomination May Be Over Before It Starts

Several GOP senators expressed concern Tuesday over Trump’s selection of Herman Cain for the Federal Reserve Board, casting doubt that…

6 years ago

Fed Chair Says No One Can Ever Fire Him

Federal Reserve Chairman Jerome Powell, frequently criticized by President Donald Trump for raising interest rates, said he does not believe…

6 years ago