Tag: Interest Rates

FILE - In this Wednesday, Sept. 20, 2017, file photo, Federal Reserve Chair Janet Yellen speaks at a news conference following the Federal Open Market Committee meeting in Washington. On the day when Yellen will hold her final news conference as Federal Reserve chair, the Fed has left little doubt …

Federal Reserve Expected to Raise Rate Target

The Federal Reserve will almost certainly raise its short-term interest rate target by a quarter percentage point at the conclusion of its two-day policy meeting Wednesday.

bank of england

UK Inflation Unexpectedly Falls Easing Living Standards Slump

LONDON (AP) — Inflation in Britain unexpectedly fell in the year to June, official figures showed Tuesday in a development that’s eased market expectations that the Bank of England will raise interest rates soon. The Office for National Statistics said

Stock Market

King of Bonds Warns: Higher Interest Rates, Lower Stock Prices

On September 12, the major U.S. stock market recovered over half the prior trading day’s $500 billion loss, but overvalued stock prices could be headed down if the bond market is “sniffing” that interest rates are heading up.

Money Laundering Network

No Inflation, No Interest, No Recovery: How Printing Money Enslaves the Middle Class

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.

Janet Yellen

Fed Finally Lifts Key Interest Rate From Near Zero

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.

Neel Kashkari

The Federal Reserve of Goldman Sachs

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.

REUTERS/RICK WILKING

Treasury Rates at Zero Percent 46 Times Since 2008

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.

Janet Yellen

Federal Reserve Decides Not to Hike Interest Rates

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.

Gold AP

Jackson Hole Fed Summit: A Failing Long Term Fed Report Card

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.

Dan Price

Report: Household Spending Going into Overdrive

The strong dollar, low interest rates and pent-up demand should drive after-tax growth in real consumer spending and a doubling of the rate of housing growth, according to Lombard Street Research.

Statues of unemployed men standing in a unemployment line during the Great Depression at the Franklin Delano Roosevelt(FDR) Memorial September 20, 2012 in Washington, DC. During the first four years of FDR's term, nearly one-third of the American people were unemployed. AFP PHOTO / Karen BLEIER (Photo credit should read

James Grant Sets Stick of Dynamite to Bush/Obamanomics

It was a very deep depression, as deep as the one that succeeded in 1929. But in this case, the government did not intervene, and it was over in less than two years. Was this a coincidence? Grant does not think it was. He believes, as this writer does, that present government interventions have deepened our current economic malaise and are retarding a full recovery.