The Federal Reserve

With CPI Up, Fed Must Now Raise Interest Rates

The Consumer Price Index for March was just released. The monthly CPI number indicated that overall consumer prices rose by…

2 weeks ago

Strong Jobs Data Means More Inflation, No Interest Rate Cuts

The U.S. economy added a whopping 303,000 jobs in March beating economists’ expectations of about 200,000 jobs. The unemployment rate…

3 weeks ago

The Outdated Fed Calendar Could Doom Trump’s Second Term Before It Even Starts

The Wall Street Journal reported last week that former President Donald Trump met with Art Laffer and Steve Moore, two…

1 month ago

One Missing Line From The Fed’s Big Statement Could Spell Trouble For The Economy

The Federal Reserve excluded one key line from its Wednesday interest rate decision announcement, indicating possible trouble in the ailing…

3 months ago

If Inflation Increases, Forget About Interest Rate Cuts

Recently, Federal Reserve chair Jerome Powell said that with the inflation rate falling and the labor market cooling, interest rates…

4 months ago

The Fed’s Shockingly Irresponsible Interest Rate Pause

For the second consecutive meeting, the Federal Reserve has decided to hold interest rates constant. Just as it did in…

6 months ago

Fed’s Rate Pause Contributes to Harmful Inflation Psychology

Once again, the Fed has eased up on its restrictive monetary policy too soon. Late last year the Fed stopped…

7 months ago

Jerome Powell Says An Economic ‘Soft Landing’ Is Not The Fed’s ‘Baseline Expectation’

An economic soft landing is not a baseline expectation for the Federal Reserve as it keeps interest rates high, according…

7 months ago

Coming: higher inflation, higher interest rates, labor strikes, wage/price spiral

On Wednesday, the Consumer Price Index for August will be released. It will show a significant increase in inflation, perhaps…

8 months ago

Latest data points to September interest rate hike

The Federal Reserve’s Open Market Committee will meet again later this month. The popular belief is that the Fed will…

8 months ago

What’s Wrong With FedNow? Everything

Seamless money transfers? State-of-the-art security and tracking features? A hassle-free payment service backed by the Fed? No annoying third-party systems?…

8 months ago

Powell Says Interest Rate Hike Is Coming, Despite Pause Last Week

Federal Reserve Chairman Jerome Powell said in a Wednesday statement that an increase in interest rates should be expected until…

10 months ago

Inflation is tame in May, but likely to accelerate. Fed must raise rates again.

According to the Bureau of Labor Statistics, the Consumer Price Index (CPI) increased by only .1% in May. For the last…

11 months ago

Fed Hikes Rates To Highest Levels Since Eve Of 2008 Financial Crisis

The Federal Reserve hiked its benchmark federal funds rate by a quarter of a percentage point on Wednesday, the 10th…

12 months ago

DUH! Federal Reserve Says It Dropped The Ball In Silicon Valley Bank Failure

The Federal Reserve’s banking supervisors failed to take adequate action to solve California tech lender Silicon Valley Bank’s (SVB) severe…

12 months ago