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The Fed v Congress
Powell addressed Congress on Wednesday to curb inflation fears. The Fed is stuck between a rock and hard place right now as some must lose in order for the [...]
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The Federal Reserve Cannot Combat Inflation Alone
Fed Chair Jerome Powell was notably frustrated when pressured about the Fed’s role in inflation. During his Q&A session this Wednesday, Powell plainly stated [...]
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Stop Blaming Putin for Inflation
The Consumer Price Index soared 8.5% in March year-on-year, according to the report released by the Labor Department on Tuesday. Prices have not been this inflated [...]
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Did Manchin Just Save the Federal Reserve?
Once again Joe Manchin has broken away from party lines to prevent the Democrats from destroying the global economy. Manchin announced that he would not support [...]
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Inflation Reaches 40-Year High at 7.5%
The price of living in America is completely unsustainable. Inflation soared in January by 7.5%, marking the fastest pace of price gains since February 1982 when [...]
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China’s President Xi Begs the Fed Not to Ease Rates
Chinese President Xi Jinping has a request for Federal Reserve Chairman Jerome Powell — do not raise interest rates. “If major economies slam on the brakes or [...]
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Another Board Member Flees the Fed
As I reported in November, Federal Reserve members are fleeing the central bank. Federal Reserve Vice Chairman Richard Clarida announced that he is resigning this [...]
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The Fed Has Spoken
The Federal Open Market Committee plans to taper its asset purchasing program by $30 billion per month. Starting in January, the central bank will begin buying $60 [...]
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Board Members Fleeing the Federal Reserve
Federal Reserve members are fleeing the central bank. We saw two Fed presidents resign in October amid scandal. Randal Quarles recently announced that he also plans [...]
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A Fed First on Unemployment and Mental Health
The October 20, 2021, release of the Federal Reserve’s Beige Book revealed that the central bank is worried about American’s mental health, and with good [...]
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