The Federal Reserve Board of Governors on Dec. 2 invited public comment on proposed principles for managing climate-related risks of banks with $100 billion or more in assets. Six of the board’s seven members voted in favor of the move. They included Federal Reserve Chair Jerome Powell, who became chair under President Donald J. Trump….
Federal Reserve Unveils Climate Risk Proposal for Big Banks for Public Comment
Investors Cheer as Jerome Powell Says Pace of Rate Hikes Could Slow in December
Federal Reserve Chair Jerome Powell sent financial markets rallying on Wednesday after he indicated that the central bank could slow the pace of interest rate hikes as early as the next policy meeting. Speaking at the Brookings Institution, Powell attempted to balance his dovish remarks with a hawkish inflation-busting stance. The head of…
LIVE NOW: Federal Reserve Chair Speaks at Brookings Institution Event on Economic Outlook
Federal Reserve Chair Jerome Powell speaks on the economic outlook, inflation, and the labor market at a Brookings Institution event in Washington. Video credit: The Brookings Institution * Click the “Save” button below the video to access it later on “My List.” Follow EpochTV on social media: Twitter: twitter.com/EpochTVus Rumble: rumble.com/c/EpochTV Truth Social: truthsocial.com/@EpochTV Gettr:…
Federal Reserve Chair Speaks at Brookings Institution Event on Economic Outlook
Federal Reserve Chair Jerome Powell speaks on the economic outlook, inflation, and the labor market at a Brookings Institution event in Washington. * Click the “Save” button below the video to access it later on “My List.” Follow EpochTV on social media: Twitter: twitter.com/EpochTVus Rumble: rumble.com/c/EpochTV Truth Social: truthsocial.com/@EpochTV Gettr: gettr.com/user/epochtv Facebook: www.facebook.com/EpochTVus Gab: gab.com/EpochTV…
The Age of Easy Money Is Over
Commentary What began in 2008 and continued for the better part of 14 years appears finally to be coming to an end. The era of cheap money and credit is over. It’s hard to wrap one’s brain around the implications. It will affect all of business life and personal finances. It will dramatically change financial…
Maybe the Fed Too Was Trolled
Commentary The Federal Reserve—and central banks the world over—played a crucial role in making lockdowns possible and weaponizing the panic of politicians. As the lender of last resort and the provider of liquidity for the entire federal government, it removes normal fiscal restraint. It writes checks that cannot bounce to fuel governments in normal times…
Federal Reserve Chair Powell Holds News Conference
The Federal Reserve is expected on Wednesday to announce that it is speeding up the end of its pandemic-era bond purchases and signal a turn to interest rate increases next year as a guard against surging inflation. * Click the “Save” button below the video to access it later on “My List.” Follow EpochTV on…
LIVE 2:30 PM ET: Federal Reserve Chair Powell Holds News Conference
The Federal Reserve is expected on Wednesday to announce that it is speeding up the end of its pandemic-era bond purchases and signal a turn to interest rate increases next year as a guard against surging inflation. * Click the “Save” button below the video to access it later on “My List.” Follow EpochTV on…
From Pandemic Relief to Transitory Inflation, How Did the Federal Reserve Get to This Point?
The Federal Reserve is on an inflation-busting campaign. During the September meeting of the Fed’s policy-making arm, the Federal Open Market Committee (FOMC), the committee’s members raised the benchmark federal funds rate by 75 basis points, to a target range of 3.0–3.25 percent, the highest level since 2008. According to the dot-plot—a survey of…
Strong US Dollar Wreaks Havoc in Financial Markets, and on Loonie
News Analysis The U.S. dollar is at 20-year highs—rising by almost 5 percent in September alone and over 19 percent year-to-date. This latest bout of greenback strength is creating chaos for other currencies, including the typically stable Canadian dollar, and primarily reflects financial markets adjusting for the greater likelihood of a recession, according to a…
US News
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