It was only a matter of time before President Donald Trump started pleading for negative interest rates. As the rest of the world starts flirting with ZIRPs and NIRPs again, Trump is telling everyone: Me too! And not the #MeToo variety either. On Wednesday morning, Trump tweeted: The Federal Reserve should get our interest rates […]
Federal Reserve
Will slumping money supply growth trigger a recession?
By: Frank Shostak A slight strengthening in the momentum of consumer expenditure has prompted many commentators to suggest that as long as the US consumer continues to spend there is no risk of a recession ahead. The yearly growth rate of consumer expenditure at current prices stood at 4.1% in July against 4% in June. […]
Gold will top $2k if Federal Reserve adopts ZIRP: Citibank
Is the Federal Reserve heading to zero and beyond? The market certainly thinks that zero percent interest rates and perhaps even subzero rates are in the central bank’s future. Since there is weakness building in the United States and the rest of the world, the Fed is taking a preventive approach as it tries to […]
Alan Greenspan to America: Get ready for subzero interest rates
A couple of years ago, Economic Collapse News warned that the Federal Reserve was preparing for the United States for subzero interest rates (SEE: Is the Federal Reserve preparing U.S. banks for negative interest rates?). It was reported at the time: Officials at the Fed have iterated many times that they are not in the […]
QE4: Federal Reserve buys $14 billion in U.S. Treasurys in two weeks
Wait a minute…The fourth round of quantitative easing has already begun? Yikes – and there wasn’t even an announcement or anything. Well, for the first time in five years, the Federal Reserve is purchasing US Treasurys again. Since the middle of August, the United States central bank has purchased $14 billion in U.S. debt. While […]