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The cut of 0.5 percentage points is be biggest in 16 years. The Fed was forced to last take the drastic action in the Great Recession that began in 2008.
50bps cut... uber-dovish Dots... Powell pushed back... stocks end red, dollar and yields end higher.
Let's see if we can predict what the Fed will say today whether the decision is to cut by a quarter point or a half point.
This week's gathering of the central bank's Federal Open Market Committee carries an uncommon air of mystery. While markets have made up their collective mind that the Fed is going to lower interest rates, there's a vigorous debate over how far
The Federal Reserve is in the news as its rate hiking farce has come to its predictable end.
Here is a head-scratcher. During the long 46-year stretch from February 1974 to February 2024 "required reserves" in the US banking system climbed steadily from $35 billion to $208 billion.
To steal a phrase from Thomas Jefferson, the Federal Reserve and the U.S. government have buried us under a "deluge of paper money."
Think carefully. I will grade your answer.
Before the game began, money was simple and trustworthy. Gold and silver possessed universally accepted value across time and culture. The U.S. Constitution formally reaffirmed their role as money. Coins made from these metals weren't just token
Our rights and liberties are granted to us by our nature or Creator, so how do we get the government to stop interfering with the intention of our Creator? As I told our crowd at the event, one thing we must do is educate ourselves.
Williams said there had been "significant progress" toward the Fed's dual goals of maintaining stable prices and maximum employment and that the risks to achieving both have moved into "equipoise," or a state of equilibrium.
International Man: Recently, the Federal Reserve Chairman Powell said: "The time has come for policy to adjust."
We live in the greatest government bubble in the history of the world.
Ever since the 2008 financial crisis the federal reserve has been printing money at breakneck pace, leading to the recent huge spike in inflation. Unfortunately for average working Americans, the vast majority of that printed money has been vacuumed
JACKSON HOLE, Wyoming (Reuters) -No safer than a bund. Or a gilt. Or an OAT.
"Powell Pivot Is Complete": Gold, Stocks, Bitcoin, & Bonds Surge As Fed Chair Says "Time Has Come For Policy To Adjust"
Fed Chair Jerome Powell declared, "THE TIME HAS COME FOR POLICY TO ADJUST," which confirms that the Federal reserve will start cutting interest rates.
The following is derived from a speech in my novel, The Flight of the Barbarous Relic
In this episode, Peter analyzes recent PPI and CPI reports, reiterates his September rate-hike prediction, and comments on the Tump-Musk X interview that garnered the country's attention on Monday.
Former President and current Republican Presidential Nominee Donald Trump recently renewed his criticisms of the Federal Reserve.
"This leads us to the final question - What happens next? That's easy to answer: The fed continues to hike rates well into next year and will not reverse course or capitulate and return to stimulus.
The Aug. 5 mini-crash was a potent reminder to investors that stock markets aren't a one-way street.
Fiat, Funny Money, Banana Republic Bills, and the Great Unraveling
Here we go again.
The Fed has grossly distorted the housing market and no fix is in sight. A couple of images will explain.
Former President Trump had a few scathing words for The Federal Reserve, suggesting that The President should at least have a say in setting interest rates.
The Fed's constant narrative shield of its 'apolitical-ness' took a battering this morning when Chicago Fed President Austan Goolsbee said the quiet part out loud during an interview on Fox News.
That's the claim by several economists on Bloomberg. I disagree, depending on the definition of "push back".
Markets expect the Fed to head into an aggressive easing mode, starting in September with a 0.5 percentage-point rate cut.
Suddenly everyone is raising the number of Fed cuts this year and early next year. Without a doubt Friday's job report was Weak with Few Redeeming Qualities.
