Breitbart Business Digest: The Fed’s Secret Tightening of Monetary Policy
Fed officials now think it will take a higher rate to sustainably achieve two percent inflation.
Fed officials now think it will take a higher rate to sustainably achieve two percent inflation.
The economy appears to be able to operate at a high rate of growth with interest rates that would have been seen as highly restrictive in the pre-pandemic era.
The August job vacancy data is the latest evidence that the economy accelerated in the second half of the year, defying expectations that interest rate hikes would be a drag on growth.
The economic tide keeps rising even though the Fed has declared it is time for an ebb
Someone forgot to tell the Hamptons that monetary policy has become “restrictive.”
The market may be disappointed that Federal Reserve Chairman Powell turns out to be more Paul Volcker than Arthur Burns in staying the course in his inflation fight.
The money supply stayed higher for longer, so inflation and economic growth are likely to stay higher for longer too.
Let us review where we stand on the various channels through which monetary policy is thought to act on inflation.
Teen Vogue asks: “What Is the Federal Reserve and Why Does It Matter?” It gets both answers wrong.
Trump was lambasted for criticizing the Fed. But as he leaves office, it’s clear Trump won his fight over monetary policy.
Fed chair Jerome Powell cut rates and promised he would only hike if inflation posed a significant threat.
Charles Evans, a long-time dove opposed to interest rate hikes, now sees the Fed moving to restrict growth as tax cut stimulus pushes down unemployment and inflation rises.
Fed officials appear to be convinced that tax cuts and the recent federal budget agreement would add to economic growth. Tariffs on steel and aluminum were not seen as threatening, although federal officials did worry about foreign retaliation.
President Donald Trump is leaning toward appointing both Standford University economist John Taylor and former investment Jerome “Jay” Powell to top positions at the Federal Reserve, according to people familiar with the president’s thinking.
The founder of the world’s largest hedge fund says that populism is likely to to play a bigger role in the economy than monetary or fiscal policies over the next year.
LONDON (Reuters) — Eurozone governments have eased up on efforts to overhaul their struggling economies because the ECB’s ultra-easy monetary policy has pushed their borrowing costs to record lows, ratings agency Standard & Poor’s said on Tuesday. Speaking in London,
Gary Kaltbaum, president of Kaltbaum Capital Management and a Fox News contributor, appeared on Breitbart News Saturday to discuss the state of the economy. He advised against buying into the media spin that recent economic news has been good for the Obama legacy.
The growth in wages for UK workers is set to stall at just two per cent next year thanks to the large number of migrant workers waiting to fill vacancies, the Guardian has admitted. Referring to data from the Chartered
Investors anxiously await Federal Open Market Committee (FOMC) minutes, like the details of the April 28-29 meeting released Friday. But despite the Fed’s monetary policy purchase of $4 trillion in bonds to drive interest rates to near zero, Fed Chairman
Perhaps Greece’s new far-left government will rethink its plans to shake Europe down for cash to fund its wild spending binges, now that the German economy has officially entered a deflationary cycle, as reported by Business Insider