by Andrew Moran | Sep 25, 2022 | Articles, Economic Affairs News, Good Reads, Opinion
Federal Reserve Chair Jerome Powell tried his best to resuscitate the financial markets during his post-Federal Open Market Committee (FOMC) press conference. While he had some luck during his powwow with business reporters, investors could not be persuaded to HODL as...
by Andrew Moran | Sep 3, 2022 | Articles, Business News, Good Reads, Opinion
Who’s afraid of Federal Reserve Chair Jerome Powell? Following his Jackson Hole Economic Symposium speech on Aug. 26, seemingly everyone is spooked by the man, the myth, and the legend of crisis-era monetary policymaking. The bulls were ultra-confident that the head...
by Andrew Moran | Aug 28, 2022 | Articles, Economic Affairs News, Good Reads, Opinion
Federal Reserve Chair Jerome Powell disappointed the financial markets, even though he promised them nothing. Following his annual Jackson Hole Economic Symposium speech, investors wallowed in self-pity, uttering the famous line from On the Waterfront, “I...
by Andrew Moran | Apr 27, 2022 | Articles, Economic Affairs News, Opinion
Federal Reserve Chair Jerome Powell conceded during a recent International Monetary Fund (IMF) event featuring several of his counterparts that the global economy will experience a new period of elevated inflation, despite plans to curb the consumer price index (CPI)...
by Andrew Moran | Mar 20, 2022 | Business News, Columns, Good Reads, Opinion
The March Federal Open Market Committee (FOMC) policy meeting is in the history books. The Federal Reserve raised interest rates by 25 basis points to increase the fed funds rate to 0.5%, planning six more rate hikes this year. But will this be enough to put the...