by Andrew Moran | Jul 27, 2023 | Articles, Economic Affairs News, Opinion
Twenty-two years ago, Gladiator was the best motion picture at the Academy Awards, the Arizona Diamondbacks defeated the New York Yankees in the seventh game of the World Series, and President Joe Biden was serving his 28th year in the Senate. Oh, and interest rates...
by Andrew Moran | Jun 18, 2023 | Articles, Business News, Opinion
It has been 15 months since the Federal Reserve kicked off its quantitative tightening campaign, a monetary policy that raises interest rates from historically low territory and trims the $9 trillion balance sheet. In March 2022, economists and market analysts priced...
by Andrew Moran | May 21, 2023 | Articles, Business News, Opinion
Does the current administration maintain a proper bailout policy? The White House was unprepared for Silicon Valley Bank, Signature Bank, and First Republic collapses, as well as the market stress for small- and mid-size institutions. And it certainly shows. From...
by Andrew Moran | Dec 15, 2022 | Articles, Business News, Opinion
What a crucial week it was for the United States economy. The annual inflation rate showed further progress by easing to 7.1% in November, while the Federal Reserve raised interest rates by 50 basis points. But any celebration might be premature, as rampant price...
by Andrew Moran | Nov 5, 2022 | Articles, Business News, Good Reads, Opinion
Investors experienced every emotion possible during Federal Reserve Chair Jerome Powell’s post-Federal Open Market Committee (FOMC) press conference. At first, the financial markets cheered after observers noticed two words: “cumulative” and “lags,” which suggest an...