Tag: inflation

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…

New York Fed’s Consumer Inflation Report Expects US Inflation To Hit 5.2% By Next Year

Americans are still very concerned about inflation as the latest Survey of Consumer Expectations (SCE) report from August indicates that U.S. consumers expect inflation to be 5.2% a year from…

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…

US Consumers Expect Inflation To Continue Rising Sharply According To The Fed’s Latest Survey

The Federal Reserve Bank of New York published the Survey of Consumer Expectations report on Monday, which shows U.S. consumers are expecting short-term inflation levels to be higher than usual.…

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…

Goldman Sachs Survey Shows Family Offices Are Flocking To Crypto Investments

High net-worth families are turning to cryptocurrency investments, according to a recent Goldman Sachs survey that found close to half of the company’s family office clients are inquisitive about crypto-asset…