Global central bankers issued a rare joint statement backing Federal Reserve Chair Jerome Powell as he faces a criminal investigation tied to Fed renovations. They warned that political pressure on monetary policy threatens central bank independence and market stability.
Posts tagged as “interest rates”
The Justice Department has issued grand jury subpoenas to the Federal Reserve as part of a criminal investigation into Chair Jerome Powell. The probe escalates a long-running clash over Fed independence, interest rates, and alleged misconduct tied to a costly renovation project.
David Morgan breaks down the Fed’s inescapable policy trap, revealing how debt, interest rates, and failing Treasury auctions signal a deeper crisis already underway — and why silver may be the last line of defense for real purchasing power...
By Stephen Green It was a nice dream while it lasted, the hope that the Fed might cut rates a half-point this month, bringing down…
By Jacob M. Thompson Today the Federal Reserve announced that they will be keeping federal interest rates steady again at 5.5%, but the sentiment seems…
By Asia Grace It’s a small price to pay — and it’s paying off big time. With homeownership being far out of reach for most millennials and Gen…
By Tyler Durden Americans panic-bought boats, jet skis, campers, UTVs, ATVs, and anything with a motor that could be ridden in the great outdoors during…
By WhatFinger News A perfect storm is now hitting U.S. banks. New data reveals that the same distortions that preceded the Lehman collapse in 2008…
By Noah A seismic shock to the global financial system is coming according to BlackRock. … The world’s biggest hedge fund, with roughly $10 trillion in assets,…
It’s hard to blame the Federal Reserve as the reason Americans’ card bill surpassed $1 trillion this month By Imani Moise If your credit-card bill is growing…
By Hardika Singh Stock-market bulls are in the driver’s seat in the midst of a busy stretch that features key economic data and the Federal Reserve’s…
By Bob Unruh Joe Biden’s economic policies for America – including his 9.1% inflation of just a year ago, his exploding interest rates to address that,…
By Jacob M. Thompson “It will take time however for the full effects of monetary restraint to be realized, especially on inflation. In addition, the…
By Liz Sheld Good Wednesday morning. Here is what’s on 46 agenda today: 11:45am: The President receives the Presidential Daily Briefing; The Vice President attends 12:45pm: The President…
By HAROLD HUTCHISON Fox News host Tucker Carlson ripped the “entitled” leaders of a failed bank Tuesday over “dance party” videos posted on social media,…
By Megumi Fujikawa Central bank leaves short-term interest rates at minus 0.1% TOKYO—The Bank of Japan kept its interest-rate targets unchanged Wednesday despite strong pressure from investors on the…
By James Rogan Hard facts suggest that interest rates for longer-duration debt instruments, especially sovereign debt, will fall this year. First off, too many countries have a high…
By CORA LEWIS NEW YORK (AP) — The Federal Reserve’s move Wednesday to raise its key rate by a half-point brought it to a range…