Federal Reserve - Page 25

Mexico’s central bank was forced to pledge up to 12 percent of the nation’s total foreign exchange reserves to prevent a disastrous run on the peso currency, which has already fallen by 20 percent since the U.S. elections on November 8.

Kentucky’s Sen. Rand Paul appears to be on the cusp of having the Senate and the House pass the “Audit the Fed” legislation that he and his father, former Rep. Ron Paul (R-TX), fought for to stop the Federal Reserve’s “unchecked” and “arguably unconstitutional” meddling in the free market economy.

The Federal Reserve raised interest rates a quarter of a point on Wednesday for only the second time in a decade, and with an improved economic outlook, rates are now predicted to rise three times in 2017.

Federal Reserve policymakers, meeting next week, should provide more clarity about raising interest rates in December.

U.S. stocks crashed 2.5 percent on Friday, September 9 as Wall Street woke up to the risk of “Two Bumps and a Stumble” — i.e. when it takes two interest rate hikes to generate a market reaction.

Weak August employment growth of just 151,000 in total non-farm payrolls, along with a 1,000-job downward revision for July, may allow the U.S. Federal Reserve to delay raising interest rates despite inflation concerns.

On Friday, the Labor Department reported that the economy gained just 38k jobs in May, far below economists’ expectations. Worse, the Feds revised estimates of job gains in the previous two months down, wiping 59k jobs off the labor rolls.

All of us loved less-than $2 a gallon at the pump. AAA reports: “Americans paid cheapest quarterly gas prices in 12 years”—which resulted in savings of nearly $10 billion compared to the same period last year. However, oil (and, therefore gasoline) has been creeping upward since the February low—topping $45 a barrel, a high for the year. And that could be a good thing.

The Federal Reserve has kept a watchful eye on labor markets but as it meets next week to chart interest rate policy, it would do well to recognize that inflation is heating up too.

Chairman Janet Yellen says the Federal Reserve is delaying hiking interest rates, so the rapidly inflating real-estate bubble seems headed toward another crisis.

The Federal Reserve is dealing financial drugs and endangering the world economy by creating a bond bubble of epic proportions.

As the presidential race shifts into high gear, college students and recent graduates are still being largely ignored, except by one candidate whose promises of rainbows and unicorns are dreams – not reality.

The Federal Reserve should delay further raising interest rates until after the major party presidential nominees emerge this summer.

The U.S. corporate bond default rate jumped to 3.3 percent at the end of February, a level higher than when Lehman Brothers filed for bankruptcy in September 2008.

A caller who spouted sickening anti-Semitic hatred for 13 minutes during a live BBC radio phone-in, telling listeners that the UK and corporate America were “ruled by Zionist Jews”, will not be prosecuted, the Metropolitan Police have confirmed. As Breitbart Jerusalem

Large denomination physical cash is going to be outlawed if central bankers have their way.

Financial analyst and Fox News contributor Gary Kaltbaum was not impressed with Federal Reserve chairwoman Janet Yellen’s congressional testimony this week.

Many Americans may not know her name, but Gary Kaltbaum appeared on Breitbart News Thursday to explain why Federal Reserve chairwoman Janet Yellen is the most important woman in our lives.

Content: Clown protesters mock Finland’s xenophobic ‘Soldiers of Odin’; The European Central Bank saves the stock markets for another day

On Wednesday’s “Your World with Neil Cavuto” on the Fox News Channel, New Jersey Governor and Republican presidential candidate Chris Christie argued that he “would not be looking to rescue these banks” if he had to as president and that

Much of the debate over the maybe-recovery concerns the manipulation of government reports. The Western world is moving rapidly toward a stagnant feudal system populated only by rich aristocrats, rich government officials, and a vast lower class that needs welfare transfer payments to survive. Debt-burdened workers with flat wages, shaky job prospects, and government subsidies for their basic needs are serfs, not a vibrant and independent middle class of entrepreneurs selling their labor to the highest bidders.

The Fed’s decision to raise interest rates a quarter point for the first time in nearly a decade represents an important and welcome step in the direction of fiscal sanity. It’s a small step, but one that benefits ordinary Americans and will be disliked by many on Wall Street. And in the nation’s capitol.

WASHINGTON (AP) — The Federal Reserve is raising interest rates from record lows set at the depths of the 2008 financial crisis, a shift that heralds modestly higher rates on some loans.

The problem facing Democrats as they roll into the 2016 election cycle is that the economy has improved just enough for the Federal Reserve to kill it with an interest-rate hike.

Monday’s Chicago Purchasing Manager’s Index for Mid-West manufacturing plunge to a score of 48.7 would have caused widespread economic concern three decades ago, but today’s blue-collar employment is down to only one in twelve Americans.

Sen. Ted Cruz (R-TX) and 20 other of his colleagues have co-sponsored Sen. Rand Paul’s (R-KY) Federal Reserve Transparency Act of 2015, according to a statement released by Cruz.

With the appointment of Neel Kashkari as President of the Federal Reserve Bank of Minneapolis, former Goldman Sachs executives will hold 4 of the 5 Fed Presidents’ seats on the powerful Federal Open Markets Committee that controls U.S. interests rates.

Economic freedom is the practical expression of liberty – if we’re not free to sell our goods and labor, spending and investing the proceeds as we see fit, we’re not truly “free” to do anything but complain about how the government treats us. And if we don’t have access to valid information about the government, and how its activities distort our markets, we don’t have economic freedom, any more than the victim of a common swindle made a “free” choice to be robbed, themes discussed on Breitbart News Daily.

Senator Rand Paul is talking about America’s debt crisis, telling Breitbart News Daily that if he’s elected President, he will do everything in his power to prevent the debt ceiling from being raised again.

Treasury Bill rates have recently fallen to zero percent, but few Americans understand that since September 2008 this has happened 46 times, and about 3 percent of all U.S. government debt under one year in maturity has been sold without paying any interest during the last 7 years.

Analysts were expecting well over 200k new jobs for September – which isn’t really all that great, but at least it’s enough to keep pace with population growth. Instead, we got 142k new jobs, the past few months were revised downward, wage growth remained flat, and the labor force shrank by another hair-raising 350k, knocking workforce participation down to 62.4 percent.

Fed Data: Federal Reserve Swindled Trillions From American Savers

The Federal Reserve is keeping U.S. interest rates at record lows in the face of threats from a weak global economy, persistently low inflation and unstable financial markets.

At the Jackson Hole Economic Summit the American Principles Project demonstrated that the people can’t be fooled in the long term by monetary magic forever. In a national poll by McLaughlin & McLaughlin 1,000 respondents were asked if they would support the Gold Standard in the United States. 39% replied yes, 15% replied no, and 46% were undecided. That is more than a 2:1 ratio for favorability.

These results and the margin between approve and disapprove are better than recent polls on the Federal Reserve or its recent leaders as shown in recent Gallup polls over the last two years: Negative on the Fed and its leaders are very high, while negatives on Gold are very low.

From its founding until the beginning of the 20th century, the United States went from a non-economy to being the world’s largest and wealthiest economy. It achieved this feat on the gold standard mostly, with no central bank, (except for 36 years), and with little or no central planning.