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 7, 2024 | Articles, Business News, Good Reads, Opinion
Federal Reserve Chairman Jerome Powell went to Washington to deliver his semi-annual monetary policy report to lawmakers. He touched upon 23-year-high interest rates, above-trend inflation, and the Basel III Endgame proposal. His remarks surrounding the health of...
by Andrew Moran | Feb 11, 2024 | Business News, Lights, Camera, Action, Opinion, Swamponomics
Inflation is progressing, the economy remains, and the Federal Reserve is confident. What better time to cut interest rates? Policymakers fear a repeat of the 1970s and 1980s. For more episodes, click...
by Andrew Moran | Nov 5, 2023 | Articles, Business News, Good Reads, Opinion
Well, that was an uneventful Federal Reserve policy meeting. The Federal Open Market Committee (FOMC) completed its two-day November powwow, leaving interest rates unchanged at a range of 5.25% and 5.5%. The financial markets widely anticipated the decision to hit the...
by Andrew Moran | Aug 16, 2023 | Articles, Business News, Good Reads, Opinion
Some market observers were stumped when Federal Reserve Chair Jerome Powell suggested that the annual inflation rate would not return to the central bank’s 2% target for another few years. Why, the consumer price index (CPI) had been slowing for 12 straight...