The Federal Reserve
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Opinion
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…
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Opinion
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…
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Money & The Economy
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…
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Opinion
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…
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Opinion
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…
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Opinion
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?…
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Money & The Economy
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…
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Opinion
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…
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Money & The Economy
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…
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In The News
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…
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Opinion
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…
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Money & The Economy
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…
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Money & The Economy
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…
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Opinion
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…
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Money & The Economy
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…
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