He Tried to Warn Us, But No One Listened
If you don’t know the name Thomas Hoenig, don’t worry, you’re not alone Hoenig is probably best known to hardcore Fed watchers, having been the President of the Kansas City Fed from 1991 to...
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If you don’t know the name Thomas Hoenig, don’t worry, you’re not alone Hoenig is probably best known to hardcore Fed watchers, having been the President of the Kansas City Fed from 1991 to...
This week promises to be another interesting one for markets, as all eyes will be on the Federal Open Market Committee as it holds its final meeting for the year While the end of the year is normally...
President Trump talked a good game about draining the Swamp, but at the end of the day he couldn’t get it done Continual attacks from Democrats, lack of support from Republicans, and constant...
If Federal Reserve Chairman Jay Powell were a smart man, he would either step down as Fed Chairman when his term ends in February or he would refuse to be renominated by President Biden The US...
After many months of speculation, the Federal Reserve’s Federal Open Market Committee (FOMC) has finally decided to begin tapering its asset purchases The FOMC announced last week that the taper...
If there’s one organization in Washington that has been able to keep its nose out of the typical Washington political fray, it’s the Federal Reserve For over 100 years the Fed largely operated...
Markets were expecting the Fed to announce the beginning of its tapering of assets purchases at its latest Federal Open Market Committee (FOMC) meeting And while the Fed didn’t announce tapering at...
With the release of the latest minutes of the Federal Open Market Committee (FOMC), the talk of the Fed tapering its asset purchases has returned This time, the fear on the part of Wall Street is...
Everyone knows by now that inflation is rising, and the latest data from the Producer Price Index (PPI) make it clear that the growth of inflation could continue to accelerate in the future The...
The minds of everyone on Main Street are on inflation and the effect it is having on driving up their cost of living The minds of everyone on Wall Street are on the Federal Reserve and whether or not...
Talk of the Federal Reserve tapering its asset purchases have Wall Street afraid that easy money is coming to an end But don’t believe the hype you read in the mainstream financial media The...
While inflation has been on the minds of millions of Americans in recent weeks, and has dominated discussion among financial media analysts, there are still some pundits who are worried about the...
With the recent news that year-on-year inflation has reached 5%, a level not seen in over a decade, the rising prices that consumers have been seeing for months are finally reflected in official...
Sometimes it can be tough to be critical of the Federal Reserve On the one hand, the Fed's conduct of monetary policy has been incredibly damaging in so many ways It has helped spur inflation, it has...
Many people don’t give interest rates a second thought Interest rates are what they are, or so they seem, and we deal with them accordingly But interest rates are among the most vitally important...
The Federal Reserve’s Federal Open Market Committee (FOMC) held its most recent meeting this week and, while it didn’t deliver any surprises on the surface, digging deeper into the Committee’s...
Inflation is pernicious and destructive The constant rise of prices that results from monetary inflation slowly erodes the purchasing power of money, surreptitiously stealing from savers and...