The Fed Is an Obvious Conspiracy?

by Source: thedailybell.com Brief Trump Says Janet Yellen Is Keeping Interest Rates Low So President Obama Can Play Golf … After months of surprising restraint, Donald Trump has finally started spewing conspiracy theories about the Federal Reserve. -Slate Slate writers and editors seem to believe criticism of central banking is “conspiracy theory.” Specifically Donald Trump’s […]

Blasting “False Economy,” Trump Takes on the Federal Reserve

by Source: thenewamerican.com Taking aim at the Federal Reserve’s politically motivated manipulation of the U.S. economy, GOP presidential candidate Donald Trump blasted the controversial central bank’s artificially low interest rates. He also denounced the “very false economy” propped up by Fed monetary gimmicks. Democrat nominee Hillary Clinton, though, hit back immediately, saying Trump should not […]

New Gov. Analysis Shows Fed Policies Have Deepened Downturn for Many

by Source: thedailybell.com Wealthy Have Nearly Healed From Recession; the Poor Haven’t  … The Great Recession and the subsequent recovery from it have deepened the wedge between the very wealthy and everyone else in America, plunging the poor deeper into debt and wiping out two-fifths of the wealth held by families in the heart of […]

Secret Fed deal abroad spurs stagflation at home

by Source: thedailybell.com Yellen Says Caution in Raising Rates Is ‘Especially Warranted’ …  Fed Chair makes case for go-slow changes with rate near zero … Janet Yellen said it is appropriate for U.S. central bankers to “proceed cautiously” in raising interest rates because the global economy presents heightened risks. The speech to the Economic Club […]

Audit the Fed Legislation Sinks: Plan Accordingly

by Source: thedailybell.com Senate rejects Rand Paul’s ‘Audit the Fed’ legislation … The Senate on Tuesday blocked legislation calling for tougher audits of the Federal Reserve, rebuffing an attempt by Republican presidential candidate Rand Paul to give lawmakers greater oversight of the central bank’s moves on interest rates. The 53-44 vote fell short of the […]

Fed: Belittled But Brave

by Source: thedailybell.com An acceleration in US wage growth is reinforcing the Federal Reserve’s view that inflation is poised to rebound and could lead the central bank to raise rates more this year than many investors expect. Investors had been doubting the Fed’s resolve to raise interest rates, betting on fewer increases this year. But […]

Changing the Fed

by Source: thedailybell.com What if saving the economy was the easy part? … If the past seven years have proven anything, it’s that the biggest danger is often the one that no one sees coming. “You have to worry, otherwise you can’t be a central banker,” Fed Vice Chairman Stanley Fischer said in a speech […]

A Tale of Two Feds

by Source: thedailybell.com Janet Yellen’s cautious retreat from zero-rate era … With the Federal Reserve’s hiking short-term interest rates by a quarter-percentage point, a cautious Janet Yellen has taken the final step to unwind her crisis-manager predecessor’s extraordinary economic rescue operation. During her almost two years chairing the Federal Reserve Board, Yellen has phased out […]

Do We Need the Fed?

by Source: ronpaulinstitute.org Stocks rose Wednesday following the Federal Reserve’s announcement of the first interest rate increase since 2006. However, stocks fell just two days later. One reason the positive reaction to the Fed’s announcement did not last long is that the Fed seems to lack confidence in the economy and is unsure what policies it should […]