We Are On An Unsustainable Fiscal Path – Jerome Powell

Mar 16, 2023 | News

  The article “The Fed’s Not Backing Off: Powell’s Standouts & Zingers at the Press Conference” originally appeared on Wolf Street (here) I have to say, Fed Chairman Jerome Powell is a breath of fresh air when he talks, after the near-physical...
Fed Reveals When The Next Repo Crisis May Strike

Fed Reveals When The Next Repo Crisis May Strike

Nov 20, 2019 | News

As part of today’s FOMC Minutes, the Fed also released the minutes from the October 4 ad hoc unscheduled video conference during which the FOMC agreed to unexpectedly launch POMO, reversing almost two years of QT, in order to address the crisis in...

Why Trump Wants the Fed To Pump Even More Easy Money

Apr 5, 2019 | News

Donald Trump this morning condemned the Federal Reserve’s “unnecessary and destructive actions,” by which he presumably means the Fed’s recent attempts to tighten monetary policy. Since 2016 — after nearly a decade of ultra-accommodative...