by Andrew Moran | Sep 3, 2022 | Articles, Business News, Good Reads, Opinion
Who’s afraid of Federal Reserve Chair Jerome Powell? Following his Jackson Hole Economic Symposium speech on Aug. 26, seemingly everyone is spooked by the man, the myth, and the legend of crisis-era monetary policymaking. The bulls were ultra-confident that the head...
by Andrew Moran | Aug 30, 2022 | Articles, Business News, Good Reads, Opinion
Is the Federal Reserve doing too much or too little? At this stage in the institution’s tightening cycle, Sen. Elizabeth Warren (D-MA) is worried the Fed will go too far in its inflation-busting crusade and trigger a sharp economic downturn. But the former...
by Andrew Moran | Aug 28, 2022 | Articles, Economic Affairs News, Good Reads, Opinion
Federal Reserve Chair Jerome Powell disappointed the financial markets, even though he promised them nothing. Following his annual Jackson Hole Economic Symposium speech, investors wallowed in self-pity, uttering the famous line from On the Waterfront, “I...
by Andrew Moran | Aug 10, 2022 | Business News, Lights, Camera, Action, Opinion, Swamponomics
Inflation might still be transitory? A soft landing is still possible? Rate cuts are not happening next year? These are some of the latest comments from the central bankers. For more episodes, click...
by Andrew Moran | Jul 28, 2022 | Articles, Business News, Good Reads, Opinion
The Federal Reserve has pulled the trigger on raising its benchmark interest rate by an additional three-quarters of a percentage point. At the Federal Open Market Committee (FOMC) policy meeting yesterday, July 28, Chair Jerome Powell and members of the rate-setting...