Daily Briefing: Inflation Pains: Will the Fed Stay the Course?
Real Vision managing editor Ed Harrison and senior editor Ash Bennington discuss the huge inflationary print that is roiling equity markets.
Tyler Durden
Wed,...
Related topics: Inflation
Eric Rosengren, president and CEO of the Federal Reserve Bank of Boston on January 15, 2016.
Photo by Arthur Pollock/MediaNews Group/Boston Herald via Getty Images
Boston Federal Reserve president Eric Rosengren says that research on a central...
Related topics: Banking, Business Photos
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The post Will the Fed(s) stay the course? appeared first on Credit...
From the NY Fed: Credit Card Balances See Second Largest Quarterly Decline in Series’ History, Driven by Paydowns Among Borrowers and Constrained Consumption OpportunitiesThe Federal Reserve Bank of New York's Center for Microeconomic Data today...
Related topics: Mortgages, Credit Cards, Banking
"Surprised" Clarida Downplays Soaring CPI, Which Is Due To "Transitory Forces"
While we, like everyone else, were shocked by the strongest core CPI print since 1981 when as a reminder, the Volcker Fed was engaged in a nightmarish fight...
Joe Biden, the largest ever vote-getter in American history—couldn’t draw more than a dozen people in vehicles to his rallies, even after he became the Democrat Party’s nominee for president.
100 Percent Fed Up – In...
Related topics: Joe Biden
Rabo: Please Don’t Make Us Look At The Inflation
By Michael Every of Rabobank
Markets continue to reel: “Risk crumbles”, says Bloomberg. Why? Because there is a plaintive plea from everyone from the Fed and the Treasury down to...
Related topics: Inflation, Michael Bloomberg, Bloomberg
Stanley Druckenmiller.
REUTERS/Brendan McDermid
Stanley Druckenmiller blasted the Federal Reserve for boosting asset prices and the national debt.He warned the dollar could cease to be the global reserve currency within 15 years.The investor is...
Related topics: Bitcoin, Reuters
The Dow fell 1.4% on Tuesday for its biggest one-day drop since February, while the S&P 500 fell 0.87%. The downturn comes as Wall Street once again focuses on the possibility of higher inflation amid pent-up demand, supply chain setbacks, the...
Related topics: Inflation
Rachel Bucchino
Stimulus Payments,
GOP lawmakers are concerned that the pandemic bill’s benefits disincentivized people from returning back to work.
Here's What You Need to Remember: Federal Reserve Chairman Jerome Powell also provided a...
Biden claims dead economists love his jobs plan. The past five leaders of the Federal Reserve have come out in support of President Joe Biden's American Jobs Plan, the president told reporters at the White House last week. "What'd they say? They...
Related topics: Joe Biden, White House
On Tuesday, writing for The Bulwark, conservative commentator Charlie Sykes exposed how House Minority Leader Kevin McCarthy (R-CA) hired a major point man behind the far-right rally that fueled the assault on the U.S. Capitol on January 6.
"In...
Desmond Lachman
economy, Americas
Unlike the Federal Reserve, the markets seem to be taking notice of recent incipient inflationary pressures. This is seen in a steady rise in the market’s ten-year inflation expectation to around 2.5 percent...
Related topics: Inflation
The Biden administration’s top economic aides like him. Lawmakers on both sides of the aisle respect him. And investors lapping up the rewards of loose money seem to love him. Even a potential rival for his job has endorsed him.
Now the biggest...
Related topics: Joe Biden
Minneapolis Federal Reserve President Neel Kashkari participates in the Yahoo Finance All Markets Summit at Union West on Thursday, Oct. 10, 2019, in New York.
Photo by Evan Agostini/Invision/AP
April jobs data proves officials should keep...
Related topics: Yahoo (business), Business Photos
"The Sixth Turning": In Rare Downgrade, Citi Cuts Google, Facebook On Peak Online Ad Spending
Sometimes - very rarely - Wall Street bites the hand that feeds it, and no hand has fed Wall Street more than the FAAMG companies which have...
Related topics: Citi, Google, Social Media, Facebook
Lucas Jackson/Reuters
Global stocks edged up after muted US jobs data relieved pressure on the Federal Reserve to react to an overheating economy.
The data also calmed investors' inflation worries, which have driven bond yields up this...
Related topics: Reuters, Inflation
It’s not one specific thing related to Covid-19 that is keeping the economy down, but everything related to the pandemic, the president of the Federal Reserve Bank of Minneapolis said on Sunday.
Speaking on CBS News' “Face the Nation,” Neel...
The Fed Embraces Its Inner Zimbabwean
Authored by Doug French via The Mises Institute,
May is on its way, and the old investment saw, “Sell in May and go away,” will be tested once again. Jared Blikre, writing...
Related topics: Yahoo (business)
Don't Fight The Fed's Commodity "Put"
By Ryan Fitzmaurice of Rabobank
Don't fight the Fed
Inflation remains a key concern for investors as was clear from Warren Buffett's comments at the Berkshire Hathaway annual event this past weeken
Related topics: Inflation, Warren Buffett, Berkshire Hathaway