by Andrew Moran | Jan 30, 2018 | Economic Affairs News
A proponent of instituting subzero interest rates. A supporter of taxing cash. A hater of gold. These are not the concepts of a socialist, nor are they the ramblings of a big government statist. They are the ideas of “conservative” nominee for the Federal Reserve...
by Mark Angelides | Nov 3, 2017 | Economic Affairs News
The long-awaited new appointment of the head of the Federal Reserve was announced yesterday. Replacing Janet Yellen, whose four-year term ends in February, will be Jerome “Jay” Powell, a current member of the Federal Reserve Board. While Powell’s outward economics...
by Andrew Moran | Oct 26, 2017 | Economic Affairs News
Imagine this: an entrepreneur decides to build a ship. The boat is an exorbitant investment – lumber, fiberglass, aluminum, cement, et cetera – and is constructed to fish for salmon, provide tourists with impeccable scenery, or to transport cargo. Unfortunately, it...
by Andrew Moran | Oct 17, 2017 | Economic Affairs News
The Federal Reserve is widely expected to raise interest rates for the third time in 2017 at December’s Federal Open Market Committee (FOMC) policy meeting. The critical question is: what about 2018? The market seems to be uncertain as to the pace of rate hikes, but...
by Andrew Moran | Oct 15, 2017 | Economic Affairs News
President Donald Trump is weighing the virtues of potential candidates to lead the Federal Reserve for the next four years. Much to libertarians’ disappointment, the early names are all the same, shying away from the president’s initial criticisms of the U.S. central...
