‘Shadow’ Fed chief would not influence policy debate, Goolsbee tells CNBC
By Howard Schneider WASHINGTON (Reuters) -Any move by U.S. President Donald Trump to name a replacement for Federal…
#Economy #AustanGoolsbee #centralbank #CentralBanks #ChristopherWaller #DonaldTrump #jaypowell #JeromePowell #MonetaryPolicy #TheFed
https://www.europesays.com/2195585/
What to know this week
Stocks drifted lower last week as investors continued to digest the impacts of a growing conflict between Israel…
#UnitedStates #US #USA #america #Economicgrowth #geopolitics #Iran #Israel #NicholasColas #Politics #presidenttrump #S&P500 #TheFed #unitedstatesofamerica #UnitedStatesPolitics #USPolitics #usapolitics
https://www.europesays.com/2184425/
I hear Jerome Powell and #TheFed are in hot water!
Jerome and his banking pals will keep making mistakes against #trump until they start living in reality. He’s not playing their same game.
Listened Re-Segregating the #economy — to the roots of change podcast episode from March.
https://m.youtube.com/watch?v=yFrhU-32cck&dp_isNewTab=1&dp_referrer=youtube&dp_allowFirstVideo=1
"We've taken a step back & we're watching to see what the policies turn out to be & the ways in which they will affect the #economy. Then we'll be able to act. Fortunately, our policy stance is in a good place for us to do that." thanks to #Biden / #Bidenomics]
#TheFed, he added is in the same place as everyone else, awaiting clarity on policies.
[again, cuz shit is crazy]
#ETTTTS #Trump #tariffs #inflation #recession #geopolitics #USpol
#JeromePowell signaled that #TheFed would not be making any hasty decisions on #InterestRates.
"It's a good time to take a step back & let things clarify. That's why it's just too soon to say what the appropriate monetary policy response will be to these new policies. It is just too soon to say. We can't say with any confidence today." [cuz shit is crazy]
#ETTTTS #Trump #economy #tariffs #inflation #recession #geopolitics #USpol
#JeromePowell says #TheFed does not forecast #recession probability.
"We don't actually, we don't make a probability forecast of how likely it is for there to be a recession, but many outside forecasters do, & many of them have raised the likelihood, …there's not much more I can say about that."
Powell stressed that he did not want to be part of a political discussion about #policy.
The Fed is not responsible for #trade, #immigration, fiscal or other policies.
🎙️ New Pod Alert 🚨
Re-Segregation, The Economy, & Living in Reality
I’m Speaking Directly to Project 2025's Reality that the media is too shocked to tell. Jerome Powell, #thefed and the #democrats aren’t living in reality so they’ll never meet the moment.
Facing reality is step one to stopping #fascism and building our #activism and #movements
https://www.rootschangemedia.com/re-segregation-the-economy-living-in-reality/
US #CentralBank holds #InterestRates steady
#TheFed said it will slow the pace of the drawdown of its balance sheet, as it faces challenges in assessing #market liquidity….
Stmnt: "The Cmte will continue reducing its holdings of #Treasury #securities & agency #debt & #mortgage‑backed securities. Beginning in April, the Cmte will slow the pace of decline of its securities holdings by reducing the monthly redemption cap on Treasury securities from $25B to $5B."
#economy
https://www.reuters.com/world/us/fed-meeting-live-us-stocks-open-higher-investors-eye-rate-decision-2025-03-19/
…This week’s pause is fueled at least partly by uncertainty over the way #Trump could enact new policies, such as a return to an #aggressive & #unpredictable global #trade overhaul w/ #threats to impose significant #tariffs on US trading partners. Though it’s unclear exactly how those policies will affect the #economy, some #Fed ofcls have already begun to factor these policies into their economic projections.
The #FederalReserve left interest rates unchanged on Wednesday, amid a cloudy economic outlook, partly because some of #Trump’s policies could stymie the fight against #inflation.
Wednesday’s pause comes after the central bank cut interest rates by a full percentage point between Sept & Dec last year. Officials anticipate the pace of future cuts slowing to just 2 this year, down from 4 cuts that they projected before the election.
#economy #TheFed
https://www.washingtonpost.com/business/2025/01/29/fed-meets-on-interest-rates/
ITS A SPECIAL DAY!! 23 december 2024 will mark ....*drumroll*
.... 111 years of the "federal" reserve
Yes, congress actually convened on Christmas Eve Eve 111 years ago to give the power of the money supply to a cartel of private banks that would go on to help fund #ww1, hitler's #germany, actual overt fascism by germany that included known #slaveLabor camps, alongside the #bankOfEngland through its governor, sir #montaguNorman, connected to the father of #georgeBush senior, herbert walker bush, through a merger with the firm Brown Brothers Harrimen.
yay for central banking and the imperial war machine /s
(hashtags for above post, "BANKS ATTACKING PEOPLE who learn what money is?!" ^^^)
#operationChokepoint #bitcoin2013 #banksters #preCrime #bankerCrimes #whiteCollarCrimes #cyberAttack #federalReserveBros #theFed #antibitcoinism #democracy #moneyPrinterGoDrrr #wikileaks #paypal #visa #mastercard
Economist Claudia Sahm with excellent insights into inflation and job creation. What really appeal to me are her ideas to expand reserves beyond just money, or oil, to include buffer stock reserves for key industries (necessities which might be difficult to obtain in the case of war, climate disasters, transportation?) My favorite story from Genesis is when Jacob’s son Joseph interprets Pharaoh’s dream to plan for famine.
#inflation #TheFed #FederalReserve #planning
Five year ago today in 2019 the '(not) federal' Reserve was printing about 10 billion per day becasue the banks we're not trusting each other in the overnight lending market.
this was called the #repocrisis (short for 'repossession')
#thefed never stopped printing the money, the repo crisis sort of just morphed into #coronavirus crisis in 2020.
On Friday, I asked "Will we see a victory lap?" and it looks like yes, yes, we will.
https://medium.com/@sara_causey/welp-here-we-go-8c28a8f16c05
This issue is always posited the same way: inflation is the price you must pay for "economic growth." It's some necessary evil. (Bonus points if you thought of Bane saying, "I'm necessary evil" just then.)
https://medium.com/@sara_causey/flashing-yellow-lights-lol-9d834127cb1a
#StockMarket #TheFed #InterestRates
Looks like another dip & buying opportunity may be coming up in the stock market.
An anticipated 1/4% rate cut by The Fed is already baked into the market but buyers are hoping for more (which IMO is unlikely) & if The Fed comes out with "just" a 1/4% cut, the market is likely to decline slightly further on the #news but will rise dramatically in the short term if The Fed decides on going with a more likely #inflationary cut of 1/2%.
We'll see shortly . . .
"‘Call This Idiot’: Trump Ordered Cabinet Secretary To Pressure Fed Chair To Cut Rates"
by Kyle Khan-Mullins for @Forbes
Well would ya lookit that: #TheFed admits it was #greedflation all along.
