Good ole' Jerome and Co. at the Fed seems hell bent at driving the US Economy into a Recession.... The Federal Reserve appears likely to raise its key interest rate next week, with minutes from the central bank's most recent meeting showing some officials wanted to raise rates … [Read more...] about The Fed may raise rates again……
Jerome H. Powell Federal Reserve chair
Ole' Jerome at the Federal Reserve has NO friends .... Interest increases and bank problems ain't helping his rep.... And now he has the Massachuttes US Senator on his case? She wants his job.... Sen. Elizabeth Warren (D-Mass.) slammed Federal Reserve Chair Jerome … [Read more...] about Sen. Warren goes after Fed Chair Powell….
He will keep things in place with Powell a Trump pick.... And? Will spare Biden another contentious bout with the Senate confirmation process.... This also will keep the 'markets' calm.... President Biden will renominate Jerome H. Powell, the Federal Reserve chair, to … [Read more...] about President Biden will let Powell continue leading the Fed…..
UPDATE.... ...The Federal Reserve took emergency action and slashed its benchmark interest rate by a full percentage point to nearly zero and announced it would purchase more Treasury securities to encourage lending to try to offset impact of the coronavirus … [Read more...] about An Angry Donald Trump threatens the Fed Chairman’s job…..Update Fed cuts rate by a whole point..