Tag: Federal Reserve
Trump Slams Fed for Being “Slow to Act”
(Business Insider) President Donald Trump lashed out at the Federal Reserve early Monday as concerns about the economic impact of the coronavirus mounted, arguing that...
Fed Chairman Pledges to “Use Our Tools” as Trump Urges Quick...
(Associated Press) Federal Reserve Chairman Jerome Powell sought to calm fears Friday over the viral outbreak by issuing a rare statement of reassurance...
Controversial Trump Fed Nominee May Be Confirmed After All
(Politico) Judy Shelton’s nomination to the Federal Reserve isn’t dead yet. In fact, it’s showing new signs of life.
After absorbing a number of body...
Wall Street Awaits Fed Rescue as Markets Swing Wildly on Pandemic...
Stocks, Oil, Bond Yields Plummet
(Associated Press) Stocks took an early nosedive on Wall Street Thursday before recovering much of the ground they lost as...
A Digital “Fedcoin” May Be Coming… And It Would Be Terrifying
(Stefan Gleason, Money Metals News Service) Cryptocurrencies are based on blockchain technology that allows for de-centralized peer-to-peer transactions to take place outside the government-controlled...
Fed Officials Downplay Virus…Even as Markets Now Expect Rate Cuts
(Associated Press) When Wall Street expects the Federal Reserve to cut interest rates, should that influence the Fed's decisions?
Two Fed officials diverged on that...
George Washington Tried to Warn Us
(Stefan Gleason, Money Metals News Service) Today Americans celebrate George Washington’s Birthday. He will always be remembered as America’s first President and the man...
Anti-Gold Senators May Block Trump’s Unconventional Fed Pick
(Money Metals Exchange) Gold remains the ultimate money, as former Federal Reserve chairman Alan Greenspan has acknowledged. And President Trump’s nominee to an open...
Negative Interest Rates Turn Saving, Borrowing Upside Down
(Associated Press) Imagine a mortgage that pays you the interest, not the other way around. Or a savings account where it's the bank, not...
Under Fire from Trump, Powell Finds Support in Senate for “Fed...
(Associated Press) Republican and Democratic senators voiced strong support for an independent Federal Reserve during a hearing with Fed Chair Jerome Powell, one...
