Category: Fed Chair

Sources With Ties To Washington Say Joe Biden Will Renominate Fed Chair Jerome Powell

Unnamed sources familiar with the matter indicate the Biden administration may allow Federal Reserve chairman Jerome Powell to continue as the central bank’s lead. The news follows three U.S. representatives…

AOC, Pressley, Tlaib ‘Urge’ Biden To Replace Fed Chair With Someone Willing To Address ‘Climate Change’

All the recent money creation from the Federal Reserve wasn’t enough, according to a few American bureaucrats, as three politicians from the House Financial Services Committee are urging U.S. president…

US Inflation Continues To Rise Amid Lockdown Talk, Producer Prices Jump 7.8%, Biden Blames OPEC

The United States is facing severe inflation despite the Federal Reserve and mainstream media doubling down on saying the loss of purchasing power is just “transitory.” This week consumer and…

Fed’s Vice Chair Says Tapering May Happen In 2021, Senator Joe Manchin ‘Alarmed Over Record Amount Of Stimulus Injections’

The U.S. central bank’s vice chairman Richard Clarida explained on Wednesday that the Federal Reserve could begin tapering large asset purchases this year. Also, that the first interest rate hike…

Fed Chair Jerome Powell Says ‘You Wouldn’t Need Cryptocurrencies If You Had A Digital US Currency’

Federal Reserve Chairman Jerome Powell believes that there is no need for cryptocurrencies if there is a digital dollar. “I think that’s one of the stronger arguments in its favor,”…

Fed Expects 2 Rate Hikes In 2023, Stock Market Plunges, Powell Anticipates Higher Inflation

The Federal Reserve on Wednesday told the public that it has forwarded the time frame for raising interest rates. “Progress on vaccinations will likely continue to reduce the effects of…

Market Forecaster Jim Bianco Says Ethereum Has A Lot Of Upside, Investor Doesn’t Hold Bitcoin

On May 27, the president of Bianco Research, Jim Bianco explained during an interview that he believes there’s a lot of upside potential when it comes to the crypto economy.…

Fed Begins To Taper QE- US Central Bank Removes $351 Billion In Liquidity Via Reverse Repos

After pumping extreme amounts of liquidity into markets, the U.S. Federal Reserve seems to be tapering back monetary easing policy via reverse repos (RRP). Following this week’s published minutes report…

Data Suggests Fed’s MBS Operations And Wall Street Investors Behind Inflated US Real Estate Market

The Federal Reserve and America’s big banks have significantly inflated home prices across the U.S. according to a number of statistics. In many towns across the nation, home sales are…