It’s coming. It’s coming. The Federal Reserve is tapering! During the Jackson Hole virtual summit, Fed Chair Jerome Powell indicated that the central bank could begin tapering its $120-billion-a-month quantitative easing program by the end of the year. But it looks like interest rates will stay near zero because there is still “much ground to […]
Federal Reserve
JACKSON HOLE: How the Federal Reserve enables reckless spending in Washington
By: Ryan McMaken With the Federal Reserve’s annual Jackson Hole symposium there’s been much talk about when the the central bank might allow interest rates to rise, presumably through the process of “tapering.” Tapering would mean easing monthly bond purchases which would “effectively increase interest rates.“ Much of the discussion over the Fed’s policies on interest […]
MONEY PRINTER GO BRRR: Federal Reserve keeps printing cash
Tapering? What tapering? The Federal Reserve, even with all the talk of unwinding the quantitative easing program from the start of the pandemic, is still running the printing press 24/7. Should the central bank cut the $120-billion-a-month campaign, the tightening will be essentially non-existent. Here is a look at the money expansion over the last […]
Even the Fed’s 2% target inflation rate is worse than most Americans think
By: Sammy Cartagena With June 2021 CPI growth being at a thirteen-year high, inflation has been on a lot of people’s minds lately. You can’t blame them, seeing as over 23 percent of all dollars in existence were created in 2020 alone. Although future inflation is certainly an important concern, in this article I instead focus on the […]
Despite tanking markets, investors not expecting Fed tightening until December 2022
The Federal Reserve is sending the financial markets into panic mode. The leading benchmark stock indices are deep in the red. The commodities market is plunging. Treasury yields are falling. It is bedlam on Wall Street. How could anyone think the stock market is sound when investors panic at the thought of a possible interest […]