The Federal Reserve
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Money & The Economy
Federal Reserve Sticks To Rate Hike Schedule, Signals End To Asset Purchase Stimulus
The Federal Reserve will keep interest rates near zero, and it will begin its rate hike in mid-March, Federal Reserve…
Read More » Republican Sen. Toomey Criticizes Biden Fed Nominees’ Lack Of ‘Experience’
The ranking member of the Senate Banking Committee is challenging President Joe Biden’s slate of nominees to the Federal Reserve…
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Money & The Economy
‘Modern Supply-Side Economics’ Will Exacerbate Inflation
Last year, the Federal Reserve officials said they were basing their shockingly irresponsible monetary policy on Modern Monetary Theory (MMT).…
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Money & The Economy
Fed action welcomed, but too little and too late
After their December meeting, the Federal Reserve (Fed) indicated that they will be more aggressive in reducing money supply growth…
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Money & The Economy
Fed To Pivot Away From Pandemic Era Stimulus as Unemployment Falls, Inflation Soars
The Federal Reserve is likely to shift away from its pandemic era stimulus programs as inflation continues to soar and…
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In Congress
Fed Inflation Experts Are About As Credible As ‘Late-Night Psychic Hotlines,’ GOP Senator Says
Republican Louisiana Sen. John Kennedy criticized Federal Reserve Chairman Jerome Powell and the central bank’s forecasters over their failed inflation…
Read More » Federal Reserve Study Contradicts Biden On Climate Risks To Banks
The Federal Reserve concluded that weather disasters are “not very” bad for financial institutions despite the Biden administration’s warnings that…
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Money & The Economy
The Fed Could End Inflation, But Experts Say Wall Street Would Hate It
The Federal Reserve’s decision to reduce its monthly bond purchases amid growing inflation has contributed to a surge in prices,…
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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…
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