by Andrew Moran | Mar 21, 2024 | Articles, Economic Affairs News, Good Reads, Opinion
Unsurprisingly, the Federal Reserve kept 23-year-high interest rates unchanged at the March Federal Open Market Committee (FOMC) policy meeting. What was notable from the latest powwow of monetary authorities was central bank chief Jerome Powell confirming that his...
by Andrew Moran | Mar 16, 2024 | Articles, Business News, Good Reads, Opinion
The Federal Reserve has repeatedly signaled that it will cut interest rates this year. From Chair Jerome Powell’s comments to the Summary of Economic Projections data, the central bank is all but guaranteed to pull the trigger on the first rate cut in the coming...
by Andrew Moran | Jan 4, 2024 | Business News, Lights, Camera, Action, Opinion, Swamponomics
President Joe Biden received an early Christmas present during the final Federal Open Market Committee (FOMC) policy meeting of 2023. For more episodes, click...
by Andrew Moran | Nov 27, 2023 | Articles, Business News, Good Reads, Opinion
Are we at the end of the interest rate hike cycle? Central banks continue sending mixed signals to global financial markets forcing everyone to play a silly game of will-they-or-won’t-they. With above-trend inflation rates unlikely to touch their multi-decade highs,...
by Andrew Moran | Nov 9, 2023 | Articles, Business News, Opinion
Pandemic-era savings have been wiped out, inflation remains above trend, and interest rates are the highest they have been in 22 years. It is no surprise that US household debt accelerated to a fresh record high in the last quarter. Is there any way to plug all the...