Category: US Federal Reserve Bank
The analysis published under this category are as follows.
Monday, February 20, 2017
A Game Of Chess And The Source Of The Federal Reserve’s Power / Interest-Rates / US Federal Reserve Bank
By: Kelsey_Williams
We have become pawns in the game of Chess being played by the Federal Reserve Bank. Who is their opponent? Anybody else who makes a move.
Week in, week out, everyone’s eyes and ears seem fixed on what the Federal Reserve Board will say or do. Mostly, it is about what they say. That’s because they can’t really do much of anything.
Except inflate the supply of money and credit. Which they have been doing for over one hundred years. And they are good at it, too. The historic erosion in value of the US dollar should merit more acclaim – or outrage. Unfortunately, the Fed is good at shifting the focus of concern to their opponent(s).
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Friday, February 10, 2017
Brace Yourself, There May Be An Epic Collision Between Trump and Yellen / Interest-Rates / US Federal Reserve Bank
By: John_Mauldin
BY JARED DILLIAN : The FOMC recently held its first meeting since Trump took office. But before I get to that, I want to talk about the backdrop to the meeting… Trump’s relationship with Yellen and Yellen’s relationship with Trump.
Trump hasn’t had much good to say about Yellen. He said that her interest rate decisions were politically motivated. Hey, I was saying the same thing at the time. No disagreement out of me. No rate hikes for years, and now that Trump is elected, the Federal Reserve is suddenly keen on hiking with renewed vigor.
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Tuesday, December 20, 2016
Trump Appointees Could Make Up The Majority Of The Fed In Two Years / Interest-Rates / US Federal Reserve Bank
By: John_Mauldin
BY PATRICK WATSON : The Trump administration's economic team is beginning to take shape, but we still don’t have nominees for two Federal Reserve Board vacancies.
Whoever gets them will have a chance to truly disrupt the global economy. That’s a big deal—so why haven’t we heard more about Trump’s plans for the Fed?
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Monday, November 28, 2016
To Really 'Make America Great Again,' End the Fed! / Politics / US Federal Reserve Bank
By: Dr_Ron_Paul
Former Dallas Federal Reserve Bank President Richard Fisher recently gave a speech identifying the Federal Reserve's easy money/low interest rate policies as a source of the public anger that propelled Donald Trump into the White House. Mr. Fisher is certainly correct that the Fed's policies have "skewered" the middle class. However, the problem is not specific Fed policies, but the very system of fiat currency managed by a secretive central bank.
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Saturday, November 19, 2016
Trump Prepares to Takeover Fed / Interest-Rates / US Federal Reserve Bank
By: Mike_Whitney
In Donald Trump’s first four years as president, he will not only choose three judges for the Supreme Court, he’ll also pick five of the seven members on the Fed Board of Governors. It would be impossible to overstate the effect this is going to have on the nation’s economic future. With both houses of Congress firmly in the GOP’s grip, we could see the most powerful central bank in the world transformed into a purely political institution that follows the diktats of one man.
Wednesday, October 19, 2016
The Fed Has Made Another Massive Policy Error / Interest-Rates / US Federal Reserve Bank
By: John_Mauldin
I would argue that the Great Recession was a result of a massive monetary policy error. The Fed kept rates too low for too long, which—when coupled with lax or no regulation in the mortgage markets—resulted in a housing bubble and a crash. This then bled over to global markets.
I believe we are again suffering the effects of a massive monetary policy error. The error has already been committed, but we have just begun to endure the consequences.
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Wednesday, October 12, 2016
Is The Fed Delaying The Day Of Reckoning? / Interest-Rates / US Federal Reserve Bank
By: Chris_Vermeulen
The FED and the Corporate World understand that there is NO economic recovery. They need to keep feeding this ‘bull market’ with plenty of accommodative easing or this ‘bull’ will die. The FED will do whatever it takes to maintain this by cutting rates to near zero and below so as to spruce up the economy. However, these conventional policies that are being applied, by the FED, will not work seeing as the ‘deflationary forces’ have gained momentum. Global economies cannot sustain rate hikes. They will continue to use ‘expansionary monetary policy’, indefinitely: (https://finance.yahoo.com/n...).
Monday, October 10, 2016
Bubble Blind Central Bankers / Interest-Rates / US Federal Reserve Bank
By: Michael_Pento
Fed Head Janet Yellen is keeping alive the tradition of her predecessors, Messrs. Greenspan and Bernanke, by showing she is equally as blind-sighted to the bubbles central banks are blowing in the bond and equity markets. During her September press conference, Ms. Yellen stubbornly clung to the misconception that it is only possible to tell if a bubble exists after it bursts. And because of this delusion, in Yellen's eyes ninety-six months of a virtual Zero Interest Rate Policy (ZIRP) is merely, and I quote, "a modest degree of accommodation." Her blinders are so opaque that she claims to see, "no signs of leverage building up." And her feckless ability to spot market imbalances even resulted in this doozy of a Yellen quote: "In general, I would not say that asset valuations are out of line with historical norms."
Friday, September 30, 2016
The Fed Is Leading Us to Economic Hell / Interest-Rates / US Federal Reserve Bank
By: John_Mauldin
The Fed argues that low rates have worked. The economy emerged from recession. Unemployment drifted back down. “Yay for us,” said the Fed.
Don't buy that statistical economic garbage. The economy recovered in spite of Fed policy, not because of it. The economy recovered because business owners, entrepreneurs, and workers rolled up their sleeves and made things happen.
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Friday, September 30, 2016
Today’s Fed Makes Volcker Look Timid / Interest-Rates / US Federal Reserve Bank
By: John_Mauldin
Let’s look at the Fed’s (and other central banks’) magnitude of monetary manipulation in recent years and the very constrained maneuvering room they now have as a consequence.
Of course, it’s questionable whether they should even be trying to maneuver the economy to the degree that they are. The current problem is a direct result of mistakes made during and after the last financial crisis.
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Thursday, September 22, 2016
Yellen’s Oversight of the Fed Is Not Producing Monetary Policy but Disbelief / Interest-Rates / US Federal Reserve Bank
By: Jeff_Berwick
The real product of the Fed these days is not monetary policy but disbelief. People can’t believe the amount of speculation, conversation and outright complexity that results in… nothing.
Yellen is basically presiding over the deflation of the Fed’s reputation. Every month more and more credibility leaks away.
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Thursday, September 22, 2016
Federal Reserve, US Interest Rates - America Needs A Brain / Interest-Rates / US Federal Reserve Bank
By: Barry_M_Ferguson
Like the scarecrow in the ‘Wizard of Oz’, America needs a brain. Otherwise, it will never get out of the corn field.
The Federal Reserve Bank met today and again left interest rates and the fed funds rate as is. No change. But, they said a rate increase before the year is out is still a very real possibility. Ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha!!!!!! These mendacious meddlers of monetary policy are hilarious. Stan Fisher has lost all credibility since he was so adamant a few weeks ago about rate increases. Janet Yellen? A complete joke. The Fed apparently uses the same ‘red line’ that obama uses. Threats and nothing more. They don’t have the guts and they sure don’t have the intellect to know what to do. Of course, we all know if the Fed really wanted to help they would follow the advice of Jim Rodgers. They should all resign immediately and terminate the Fed bank. But that ain’t going to happen.
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Wednesday, September 14, 2016
Stop the Fed Before it Kills Again / Politics / US Federal Reserve Bank
By: Mike_Whitney
Why has the Fed created incentives for US corporations to loot their companies and drive them deeper into debt?
Despite four consecutive quarters of negative earnings, weak demand and anemic sales, US corporations continue to load up on debt, buy back their own shares and hand out cash to their shareholders that greatly exceeds the amount of profits they are currently taking in. According to the Wall Street Journal: “SandP 500 companies through the first two quarters of the year collectively returned 112% of their earnings through buybacks and dividends.”
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Wednesday, September 14, 2016
The Most Political Fed in History / Interest-Rates / US Federal Reserve Bank
By: Graham_Summers
Minneapolis Fed President Neel Kashkari wants us to believe that the Fed is not a political entity.
Kashkari is either ignoring reality or simply providing cover for the single most political Fed in history. This is not a Left vs. Right issue, this is an establishment vs. legitimate reform issue.
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Monday, September 12, 2016
The Fed Plans for the Next Crisis / Politics / US Federal Reserve Bank
By: Dr_Ron_Paul
In her recent address at the Jackson Hole monetary policy conference, Federal Reserve Chair Janet Yellen suggested that the Federal Reserve would raise interest rates by the end of the year. Markets reacted favorably to Yellen's suggested rate increase. This is surprising, as, except for one small increase last year, the Federal Reserve has not followed through on the numerous suggestions of rate increases that Yellen and other Fed officials have made over the past several years.
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Wednesday, August 31, 2016
Awareness of Fed Credibility Problems Going Mainstream / Interest-Rates / US Federal Reserve Bank
By: MoneyMetals
The nation’s pre-eminent central planners just held their annual gathering at an exclusive resort just outside Jackson Hole, Wyoming and discussed how to interfere even more deeply in markets. In a speech entitled “The Federal Reserve’s Monetary Policy Toolkit: Past, Present and Future,” Fed chair Janet Yellen outlined why zero interest rate policy (ZIRP), purchases of toxic mortgage securities, and monetization of Treasury debt just aren’t adequate. Officials must add negative interest rates (NIRP) and purchases of even more sketchy assets to their “toolkit.”
Yellen has spent more than a year floating the idea of negative rates, so it is no surprise she is hustling the ludicrous policy once again. In fact, very little of what she said Friday is new. It was the usual mess of contradictions.
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Thursday, July 28, 2016
The Fed's Loud Talk Policy / Interest-Rates / US Federal Reserve Bank
By: Peter_Schiff
Theodore Roosevelt's famous mantra "speak softly and carry a big stick" suggested that the United States should seek to avoid creating controversies and expectations through loose or rash pronouncements, but be prepared to act decisively, with the most powerful weaponry, when the time came. More than a century later, the Federal Reserve has stood Teddy's maxim on its head. As far as Janet Yellen and her colleagues at the Fed are concerned, the Fed should speak as loudly, frequently, and as circularly as possible to conceal that they are holding no stick whatsoever.
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Monday, July 25, 2016
The Path to Fed-Exit / Interest-Rates / US Federal Reserve Bank
By: Dr_Ron_Paul
I recently proposed that the liberty movement capitalize on Brexit with "Fed-exit": a campaign to "secede" from the Federal Reserve. Fed-exit could be accomplished with a few simple policy changes.
Passing Audit the Fed is a good first step toward Fed-exit. Contrary to the Federal Reserve's propaganda, auditing the Fed will not reduce the Federal Reserve's mythical "independence." It will simply allow Congress and the people to learn the full truth about the Fed's conduct of monetary policy.
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Monday, July 04, 2016
Federal Reserve Quantifornication Revisited / Interest-Rates / US Federal Reserve Bank
By: Richard_Mills
Californication is a brilliant 1999 song by the Red Hot Chili Peppers. Many of the lyrics reference the often insane, unrealistic, impossible dream images Hollywood sells to the world.
"Space may be the final frontier but it's made in a Hollywood basement."
Quantifornication is the term I coined for what the Federal Reserve is selling to the world - the unrealistic, insane fiat dream that the monetary policy employed by the Fed can fix the predicament we are in.
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Wednesday, April 27, 2016
Donald Trump Will Fire Janet Yellen and Be Trapped / ElectionOracle / US Federal Reserve Bank
By: Michael_Swanson
Donald Trump has made statements to the effect this week that if he were to become President he would fire Janet Yellen.
His statements are important because just yesterday he demolished his opponents in a series of primaries that increase his odds to get the Republican nomination. His chief opponent Ted Cruz posted a dismal failure and has been unable to convince people that he can be a viable national candidate against the Democrats.
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