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Tag: Interest Rates

Will Powell Finish His Term?

Donald Trump sees the economy through the lens of a borrower. He does not understand the perspective of lenders, no less the central bank. Trump recently mocked...

Jobs and Rates – Down and Up

The Bureau of Labor Statistics will release its delayed jobs report on December 16, nearly a week after the Federal Open Market Committee meets to discuss rates....

Fed to Slow Bond Buying Program

The Fed may create policy, but it is ultimately dictated by the markets. Powell came out and reaffirmed the central bank’s fears of a hiring slowdown. Soon, the...

When Monetary and Fiscal Policies Blur

The Federal Reserve should operate independently of Washington. It does not. Stephan Miran was appointed to the Federal Reserve Board of Governors by Donald Trump....

Fed Rate Cuts – All About Jobs

The Federal Open Market Committee voted to lower rates by 25 bps at the September meeting, citing “that downside risks to employment have risen.” I reported in...

Weak BLS Data and Rate Cuts

Troubling data from Friday as the US Bureau of Labor Statistics reported that the economy added a mere 22,000 jobs in August. July’s figure was revised to show an...

Could Trump Sue Powell?

President Donald Trump has threatened Federal Reserve Chairman Jerome Powell with a “major lawsuit.” Could the sitting president sue the head of the central...

June Minutes Report Decoded

The Minutes Report by the Federal Reserve indicates that the central bank is unlikely to cut rates at the next Federal Open Market Committee meeting on July 29-30....

Powell Blames Trump Tariffs for Coming Inflation

I repeatedly warned that the headlines would blame Trump tariffs for the incoming inflationary wave. Jerome Powell stated that “uncertainty is unusually...

May CPI – Vance Angered by Powell

The consumer price index rose by 0.1% in May, bringing the annual rate of inflation to 2.4%. Excluding food and energy, the core CPI came in respectively at 0.1%...