Search Result for “quantitative easing”

Federal Reserve Chairman Jerome Powell recently announced that the Fed is abandoning “inflation targeting” where the Fed aims to maintain a price inflation rate of up to two percent. Instead, the Fed will allow inflation to remain above two percent to balance out periods of lower inflation. Powell’s announcement is …
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September 17, 2019 was a significant day in American economic history. On that day, the New York Federal Reserve began emergency cash infusions into the repurchasing (repo) market. This is the market banks use to make short-term loans to each other. The New York Fed acted after interest rates in …
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Unless the Federal Reserve is purposely attempting to spread panic on Wall Street, the decisions that the Fed just made don’t make any sense at all.  Back on March 3rd, the Federal Reserve announced an unscheduled emergency interest rate cut for the very first time since 2008.  Wall Street immediately interpreted …
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Last week, in regards to the COVID-19 tests, President Donald Trump told Americans that “anyone who wants a test can get a test.” Fast forward to this week, however, and we’ve found out just how untrue that statement is. Once the CDC declared COVID-19 to be a public health emergency, …
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The 1978 Humphrey-Hawkins Act requires the Federal Reserve to “promote” stable prices and full employment. Of course, the Fed’s steady erosion of the dollar’s purchasing power has made prices anything but stable, while the boom-and-bust cycle created by the Fed ensures that periods of low unemployment will not last for …
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It’s the continued unconstitutional spending and all those golfing expenses that total about a million bucks a piece when President Donald Trump goes the Mar-A-Lago, but nevertheless, the very man that told you he would be too busy to golf has not only had time to do that but continued …
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I have so many bad economic numbers to share with you that I don’t even know where to start.  I had anticipated that the U.S. economic slowdown would accelerate during the fourth quarter of 2019, and that is precisely what has happened.  The Federal Reserve is trying to do all that …
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When the New York Federal Reserve began pumping billions of dollars a day into the repurchasing (repo) markets (the market banks use to make short-term loans to each other) in September, they said this would only be necessary for a few weeks. Yet, last Wednesday, almost two months after the …
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Since September 17, the Federal Reserve Bank of New York has pumped billions of dollars into the repurchasing (repo) market, the first such intervention since 2009. The Fed has announced that it will continue to inject as much as 75 billion dollars a day into the repo market until November …
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The Federal Reserve, the country’s central bank, has pumped an additional $75 billion into the market. As they are doing this, they seem adamant that no one label this what it actually is: QE4. The Federal Reserve is expected to resume its balance sheet expansion in response to demand for …
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