The Federal Reserve
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White House Watch
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…
Read More » 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…
Read More »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,…
Read More »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…
Read More »‘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…
Read More »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…
Read More »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…
Read More »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…
Read More »‘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…
Read More »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…
Read More »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…
Read More »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…
Read More »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…
Read More »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…
Read More »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…
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