Kategori: Fed

As the Fed Turns 109 Years Old, the US Dollar’s Purchasing Power Eroded by More Than 96% Since It Was Created

109 years ago, USA. Federal Reserve was created and ever since that day, the purchasing power of the U.S. dollar has dropped a great deal. Since the Fed started, mer än 96% of the greenbacks purchasing power has been erased......

Bank of England Hikes Repo Rate by 75bps — UK’s 30-Year Fixed Mortgage Rate Jumps to 7%

On Nov. 3, 2022, the Bank of England followed the U.S. Federal Reserve by codifying the eighth consecutive benchmark bank rate hike by 75 baspunkter (bps). The increase brings the United Kingdom’s main lending rate to 3%, after a majority......

Professor Steve Hanke Says US Economy Was Flat Over the Last Year, but Stresses ‘It’s Going to Hit South’

Amid the chaotic economy, plagued with central bank tinkering, supply chain issues, and red-hot inflation, the professor of applied economics at Johns Hopkins University, Steve Hanke believes apretty big recessionwill take place in 2023. Speaking in an interview on......

Ark Invest CEO Warns Rate Hikes Could Fuel a ‘Deflationary Bust’ in Open Letter to the Fed

Following the United Nations Conference on Trade and Development (UNCTAD) report that the U.S. Federal Reserve should stop raising rates, Ark Invest CEO Catherine Wood has published an open letter to the U.S. central bank asking the institution to stop raising......

Fed’s Inflation Nowcasting Data Shows Future CPI Increases, US Gross National Debt Hits $31 Biljon

A recently published forecast stemming from the Federal Reserve Bank of Clevelands Inflation Nowcasting data indicates upcoming U.S. consumer price index (CPI) metrics will likely be elevated. The newly predicted CPI levels were recorded the same day Americas gross national debt......

Despite the White House Debate, Critics Insist US Officially in a Recession After 2 Consecutive Quarters of Negative GDP Growth

USA. economy has declined for the second-straight quarter as the countrys gross domestic product (GDP) declined by 0.9% in Q2. The Bureau of Economic Analysiss summary of the U.S. GDP follows the recent debate over the technical definition of a......

Cleveland Fed-president Loretta Mester förutspår inte en lågkonjunktur,Säger att inflationen kommer att gå ner

Cleveland Federal Reserve Banks president Loretta Mester gör det’Jag tror inte att en lågkonjunktur kommer att äga rum i USA men tror att det kommer att ta två år att få tillbaka inflationen 2%. När jag pratade under en intervju på söndagen, Mester förklarade......

US Central Bank Hikes Benchmark Rate by 75 bps, Fed’s Largest Increase Since 1994

USA. Federal Reserve raised the federal funds rate by 75 baspunkter (bps) på onsdag, and it was the largest increase since 1994. According to the Fed members expectations, the central bank will likely add another 1.5 percentage points by......

Medan globala marknader blir skrämda av Covid och en Hawkish Fed, Aktier och kryptoåterhämtning efter att Musk köper Twitter

Wall Street suffered Monday morning as the major U.S. stock indexes dropped further, building on losses gathered last week. Reports indicate that investors are concerned about the upcoming Federal Reserve rate hikes and Chinas recent Covid-19 outbreak. As equities floundered on......

De kusliga likheterna mellan dagens stora monetära förändring och det panikledda skapandet av Federal Reserve System

While many Americans believe the U.S. Federal Reserve is the caretaker of the countrys monetary system, its also believed to be one of the worst financial institutions ever created. I 2022, amid a gloomy economy, war, and a number of global......