jay powell

Did the Fed Bail out the Market Today?

This post Did the Fed Bail out the Market Today? appeared first on Daily Reckoning. The Fed faces “challenges policy makers did not face even during the Great Recession"… The post Did the Fed Bail out

Heading Into Negative (Real) Interest Rates

This post Heading Into Negative (Real) Interest Rates appeared first on Daily Reckoning. Jim Rickards shows you the “real” reason central banks are so hot to lower nominal interest rates… The post
EXPOSED: The Fed’s Deepest Secret

EXPOSED: The Fed’s Deepest Secret

This post EXPOSED: The Fed’s Deepest Secret appeared first on Daily Reckoning. In today's issue we'll discuss the topic: Is the Federal Reserve illegally intervening in the stock market?… The post

“If There’s a Recession, Don’t Worry”

This post “If There’s a Recession, Don’t Worry” appeared first on Daily Reckoning. A senior Fed official laughs away all recession fears… The post “If There’s a Recession, Don’t Worry” appeared first
Time to give Powell Truth Serum

Time to give Powell Truth Serum

This post Time to give Powell Truth Serum appeared first on Daily Reckoning. Jerome Powell under the influence of sodium pentathol... The post Time to give Powell Truth Serum appeared first on Daily

Beware Good News!

This post Beware Good News! appeared first on Daily Reckoning. How can there be a recession after 4$ GDP growth?… The post Beware Good News! appeared first on Daily Reckoning.
As Trump Tweets Tanked Stocks, Fox 'Straight News' Correspondent Helped Him Blame Powell

As Trump Tweets Tanked Stocks, Fox 'Straight News' Correspondent Helped Him Blame Powell

As the stock market plummeted more than 500 points, Fox News White House Correspondent Kevin Corke took his cues from Donald Trump’s Twitter feed and blamed Fed chairman Jay Powell, rather than
The Fed finally cut rates. Will anyone notice?

The Fed finally cut rates. Will anyone notice?

The dark secret among economists is that monetary policy won't have much impact on the economy.
Investors are betting on a rate cut. They shouldn’t.

Exchange of the Day

Federal Reserve Board Chairman Jay Powell was interviewed by Scott Pelley on 60 Minutes: PELLEY: “Can the president fire you?” POWELL: “Well, the law is clear that I have a four-year term. And I fully
Fox Anchor Mocks Trump’s Stock Market Circus: What Were They Thinking?

Fox Anchor Mocks Trump’s Stock Market Circus: What Were They Thinking?

After the stock market plunged to its worst Christmas Eve drop ever, Fox News anchor Leland Vittert ripped the Trump administration reactions that accelerated the declines: “Nothing says confidence
Donald Trump shouldn’t blame the Fed if rising interest rates hurt his real estate business

Donald Trump shouldn’t blame the Fed if rising interest rates hurt his real estate business

The person who takes away the punch bowl at the party is never popular. Now that the US Federal Reserve is increasing interest rates, in…
The Stock Market Is Not Out of the Woods

The Stock Market Is Not Out of the Woods

This post The Stock Market Is Not Out of the Woods appeared first on Daily Reckoning. Volatility has returned with a vengeance, and investors have begun to focus on the unsustainable debt bomb at the

After Four Years of High Achievement, Janet Yellen May Be Leaving the Fed at the Right Time

John Cassidy on Janet Yellen’s departure from the Federal Reserve Board.

Trump Picks Powell as Next Fed Chair

“Jay Powell has been nominated to serve as the next chair of the Federal Reserve, as Donald Trump moves to make his mark on the world’s most powerful central bank,” the Financial Times reports. “In