by Andrew Moran | Apr 8, 2019 | Articles, Business News, Economic Affairs News, Politics, Trump Administration
Before he became president, Donald Trump was a staunch critic of the Federal Reserve’s three-round quantitative easing (QE) program. This multi-trillion-dollar endeavor consisted of buying government bonds, mortgage-backed securities (MBS), and other financial assets...
by Andrew Moran | Mar 28, 2019 | Articles, Business News, Economic Affairs News, Politics, Trump Administration
A new menace has arrived in the Washington swamp, and, according to the business press, he is your worst nightmare. Just who is this creature lurking in the night? Stephen Moore, an economist who is about as frightening as the head of a middle-school chess club going...
by Andrew Moran | Dec 21, 2018 | Articles, Business News, Economic Affairs News, Politics, Taxes
The Federal Reserve did it. The central bank defied President Donald Trump’s public statements and tweets, and pulled the trigger on a December rate hike, raising interest rates 25 basis points to a target range of 2.25% and 2.50%. Fed Chair Jerome Powell and the...
by Andrew Moran | Dec 19, 2018 | Articles, Business News, Economic Affairs News, Politics, Taxes
When the financial markets bottomed out about a decade ago, Wall Street looked like the iconic scene from Gone With the Wind when the camera panned back to show thousands of bodies – dead and wounded – at the burning of Atlanta. The economic collapse was a bloodbath...
by Andrew Moran | Dec 13, 2018 | Articles, Business News, Economic Affairs News, Politics
The Federal Reserve has dominated the business news cycle in recent months as President Donald Trump engages in a battle over monetary policy with Jerome Powell, the man he nominated to helm the central bank. But as the president laments on Powell’s performance thus...