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...
The hottest employment market in a generation is cooling. With the crypto bubble bursting, IT businesses cutting down on hiring, and consumers spending less, experts expect the record low jobless rate will rise, recession or not. Last week, the Fed raised interest...
The opinions of market participants on the economic prospects of the United States are shifting at the same time as the Federal Reserve has been scurrying once again to catch up to happenings on the ground. This runs the danger of causing yet another wave of...
You can mark May 20, 2021 on your calendar. This is the day that changed everything for money. The Federal Reserve issued a news release, featuring a video from central bank chief Jerome Powell. It captured headlines because it consisted of how the Fed Chair is...
The Federal Reserve has recently started to use the word “transitory” when describing inflation pressures in the U.S. economy. What they’re trying to indicate is that we shouldn’t worry, the pressures we are seeing right now will eventually pass. But that’s...
The Saudis want to break free from U.S. influence and hedge their bets with China and the Russians
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