News

Opinion
Red State Observer56mOpinion
Warren's Hypocrisy on Interest Rates Exposed Again
In a stunning display of political hypocrisy, Senator Elizabeth Warren (D-MA) has come under fire for her sharply contrasting positions regarding interest rates during the Trump and Biden ...
Chicago Fed President Austan Goolsbee says a move by Trump to terminate Jerome Powell would ‘undermine the credibility of the Fed’
President Donald Trump said this week Fed chair Jerome Powell’s “termination cannot come fast enough.” That’s led to a debate ...
Can Trump Fire Jerome Powell? President Calls for Fed Chair's Termination and Again Demands the Central Bank Cut Interest Rates
President Donald Trump has once again slammed Federal Reserve Chair Jerome Powell over high interest rates, calling for the ...
Chicago Fed chief warns: Central bank must be independent of Trump
Austan Goolsbee, the Chicago Fed chief, defended the central bank's independence in a Sunday morning talk-show interview.
First Shockwaves of Trump’s Tariffs Are About to Hit the World Economy
The following day, purchasing manager indexes from Japan to Europe to the US will offer the first coordinated glimpse of ...
Amid Trump's feud with Jerome Powell, a GOP senator says the Fed Chair has 'tiger blood' and will 'do what he thinks is right'
Sen. John Kennedy of Louisiana said on NBC's "Meet the Press" that he doesn't think Trump can oust Powell as chair of the ...
Klobuchar: There’s a reason we have an independent Fed
Sen. Amy Klobuchar (D-Minn.), who sits on the Senate Commerce Committee, weighed in on President Trump’s recent fight against ...
Opinion
Trump’s tariffs could lead to stagflation. That would be a nightmare. Here’s what it means.
When Jerome Powell, the chairman of the Federal Reserve, was asked to comment about Trump’s tariffs recently, he said that it would likely lead to high unemployment, slow economic growth, and a rise ...
Paul Volcker Never Was Precisely Because Monetarism Never Was, Nor Is
Former Federal Reserve Chairman Paul Volcker testifies before the Joint ... More Economic Committee May 14, 2008 on Capitol ...
Hedge funds are the new ‘shadow banks’—and some are worried they pose a systemic threat to financial stability
Shadow banking” now accounts for $250 trillion, or 49% of the world’s financial assets, according to the Financial Stability ...
‘A Huge Negative Shock’: Three Experts Game Out Recession Odds and Economic Uncertainty
Sen: The question when it comes to longer-term rates (like 10- or 30-year yields) is whether investors would see rate cuts as ...
Trump’s threats to fire Fed chair put central bank’s independence into question
President Donald Trump suggested twice on Thursday he could remove the Federal Reserve’s Jerome Powell from his position as chair, a move that would shatter the U.S. central bank’s position ...