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Fed Pivot Myth
Thank you to the reader who sent in this hilarious image. Despite all the incoming data and price instability, some expected the Fed to pivot on its stance. Even [...]
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Are We in a Recession?
They will never learn. Federal Reserve Chairman Jerome Powell apologized for calling inflation “transitory” when all data pointed to it rising. The White House [...]
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Unemployment Expected to Rise
Jerome Powell recently admitted that combating inflation will lead to rising unemployment. Powell admitted that to establish price stability, the labor market will [...]
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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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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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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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Fed Chairman Jerome Powell Loses the Trust of the American People
Federal Reserve Chairman Jerome Powell was caught in a lie that may cost him re-election in 2022. The Federal Reserve Chairman, the man with the most insight into [...]
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Powell on the “Economic Exit from the Pandemic”
At last, Federal Reserve Chairman Jerome Powell has begun speaking independently as he departs from the Biden agenda. Former President Trump and Powell notoriously [...]
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