If we had not already quoted old Tom Eliot on the alleged cruelty of April, we would certainly be tempted to do so again after Friday brought the April sell-off to such a crescendo.
Bidenflation pushes prices up at the fastest pace since 1981.
The financial website WalletHub took the pulse of Americans as the Federal Reserve is poised for a rate change.
The Senate on Tuesday voted to block a Democrat motion to invoke cloture on Dr. Lisa Cook to become a member of the Federal Reserve board.
The Michigan State Interim Provost and President promoted in 2020 Dr. Lisa Cook, now a Federal Reserve nominee, to full professorship over colleagues’ objections, raising questions about her qualifications for a post at the nation’s central bank, according to documents obtained by Breitbart News.
For the stock market, April has indeed been the cruelest month in part because it has seen a blossoming awareness that inflation is not going to die of exhaustion after hitting 40-year highs.
Forget the idea that inflation has already peaked.
President Joe Biden has nominated the Obama-era Treasury staffer Michael Barr to serve as the vice chair for supervision at the Federal Reserve; Barr has defended Dodd-Frank’s Wall Street bailout mechanism.
Federal Reserve Bank of St. Louis President James Bullard said Thursday that he would like to see the central bank raise its target rate to 3.5 percent by the second half of this year. “I do think we have to
Sen. Bill Hagerty (R-TN) called for a more “fulsome investigation” into accusations Federal Reserve nominee Dr. Lisa Cook embellished her resume. Cook swore under oath she had not embellished her record.
The Federal Open Market Committee’s March meeting minutes indicate that the Federal Reserve still believes it can bring down inflation painlessly.
Is that a fast enough pace to defeat inflation?
Senate Democrats discharged Biden Federal Reserve nominee Dr. Lisa Cook, who has a history of canceling those critical of Black Lives Matter (BLM), supporting reparations, and advocating for policies that could politicize the Fed.
A new survey shows the extent of the American public’s loss of confidence in the Fed and the Biden administration’s inflation fighting skills.
The market appeared to register a no-confidence vote on the Federal Reserve’s inflation-fighting.
Federal Reserve Chairman Jerome Powell apparently figured out that the market had not quite got the message that he intends to be tough on inflation.
Sarah Bloom Raskin took a bet that America was ready for climate regulation through bank supervision.
Harvard economist Gabriel Chodorow-Reich coined the phrase “immaculate disinflation” to describe Fed Chairman Jerome Powell’s persistent belief that the Fed can bring down inflation painlessly.
The wave of euphoria that washed over the stock market on Wednesday following the long-awaited rate hike should probably be taken as a warning sign.
Fed officials think rates will have to keep climbing this year and next to bring inflation under control.
Sarah Bloom Raskin became the second Biden banking nominee to sink after advocating for bankrupting the oil and natural gas industry.
A prolonged shutdown in China could mean higher inflation in the U.S., and that’s likely to weigh on the minds of Fed officials as they meet this week to discuss their interest rate target.
Sen. Joe Manchin (D-WV) has imperiled and perhaps blocked the Senate confirmation of President Biden’s Fed nominee Sarah Bloom Raskin over worries her opinions on U.S. energy are not conducive to American energy independence.
On Friday’s broadcast of ABC’s “GMA3,” economist, Harvard Professor, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers called on the Federal Reserve to raise interest rates and signal that further
The idea that inflation is caused by the lack of competition was gently dismissed by Fed chair Powell.
The Fed, in its latest Beige Book report that collects business anecdotes from around the country, said that prices charged to customers increased at a “robust pace” across the United States.
A sign that Joe Biden is increasingly viewed as irrelevant and ineffective.
Alfredo Ortiz of Job Creators Network writes in The Hill that the current Democrat spending spree has produced a crisis of inflation that has hurt Americans to a such a degree that Congress must commit to no more unnecessary spending or distortionary social programs.
Can’t stop. Won’t stop. The Fed’s favorite inflation gauge shows prices rose at their fastest pace in 40 years last month.
The median price of a new home was $423,300 in January, a seven percent from $395,500 the previous month, reflecting the Bidenflation hitting construction materials.
Demand collapsed in February as wildfire inflation burned through the Fed’s Fifth District, which includes the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia.
For decades, the Fed has helped pump up asset values and fought inflation by bringing down labor demand. What if it tries something very different?
After the failure of his Build Back Better legislation, the Fed Reserve is Biden’s preferred mechanism for advancing his version of the Great Reset. And his woke Fed nominees are the key to this strategy.
Sen. Jon Tester (D-MT) said he has been further reviewing Sarah Bloom Raskin’s potential influence as a former Fed governor to secure a lucrative financial tool for her company.
Early hopes that inflation would stay confined to a few categories experiencing bottlenecks have been crushed.
The Fed Board regularly meets in secret. This year there is heightened scrutiny as the Fed prepares to begin a series of rate hikes.
During an interview with West Virginia MetroNews’ “Talkline with Hoppy Kercheval” on Thursday, Sen. Joe Manchin (D-WV) said inflation is “a basic threat” and that the Federal Reserve “can’t be pussyfooting around like they’ve been.” And now isn’t the time
Sarah Bloom Raskin, one of President Joe Biden’s nominees to serve on the Federal Reserve board of governors, could not recall or was not aware of how an answer more than 35 questions from Sen. Pat Toomey (R-PA).
Much worse than expected.
She will be the first black woman to head a regional Federal Reserve bank and the first black president of the Boston Fed.
