Tag: Federal Reserve
Credit Card Debt Is at Record High as Fed Weighs Rate...
(AP) As the Federal Reserve considers whether to raise interest rates again, credit card debt is already at a record high, and more people...
Federal Reserve Moves Towards Centralized Digital Currency
(Ken Silva, Headline USA) The Federal Reserve announced Wednesday the impending launch of a pilot program that observers say resembles the controversial central bank digital currency (CBDC) system—something...
‘No Painless Option’: Fed Faces Tough Choice on Inflation Following Bank...
(The Center Square) The U.S. Federal Reserve may be less likely to use its key tool to combat inflation because of recent bank failures.
The...
Gold Market Isn’t Buying Powell’s ‘Disinflation’ Declaration
(Stefan Gleason, Money Metals News Service) According to Federal Reserve chairman Jerome Powell, disinflation is now taking hold.
Yes, the very same person who had to...
Fed, Set to Impose Smaller Hike, May Hint of Fewer Increases
(AP) The Federal Reserve is poised this week to raise its benchmark interest rate for an eighth time since March. But the Fed will likely...
Don’t Call It Capitalism: The Fed’s $8 Trillion Hoard of Financial...
(Ryan McMaken, Mises Institute) It’s a sure bet that as the economy worsens, unemployment surges, foreclosures rise, defaults climb, and economic misery ensues, we’ll...
Powell Admits the Fed Doesn’t Know What It’s Doing
(Ryan McMaken, Mises Institute) The Federal Reserve's Federal Open Market Committee (FOMC) on Wednesday announced it will raise the target federal funds rate by...
A Diminished Workforce Could Lead Fed to Keep Rates High
(AP) Still eager to hire, America’s employers are posting more job openings than they did before the pandemic struck 2½ years ago. Problem is,...
2 Fed Officials Favor Keeping Key Rate at Peak through 2023
(AP) Two Federal Reserve officials said Monday that they favor raising the Fed's key rate to roughly 5% or more and keeping it at...
Investors Aren’t Buying the Fed’s Hawkish Posturing
(Money Metals Exchange) As warning signs for the economy mount, investors are cheering for more bad news. That's because they expect economic weakness will...
