An effective coronavirus vaccine will not fundamentally change European Central Bank economic projections, as a medical solution was already factored into forecasts, ECB President Christine Lagarde told a Bloomberg event on Tuesday.
Powell called rising virus infection rates a “significant” downside risk “especially in the near term,” during an online event Tuesday.
In the meantime, Powell reiterated that the Fed is not thinking about raising rates, or shrinking a $7 trillion balance sheet swollen by massive bond purchases.
Ask me again in 100 years when I'm gone
...Jay, "of course not...now isn't the time to be concerned w/ deficits or debt"...apparently, never is the right time to be concerned.
...but it's not a free pass for market bulls. Now that the cat is out of the bag, it's going to take more cuts, more often for the Fed to have an effect...
Ah it’s that time of the year again. Everybody is piling into stocks. Valuations who cares. It’s the end of year seasonality when stocks always go up, the Fed has our back, multiple vac…
"If Judy Shelton is appointed to the Federal Reserve Board of Governors, and if she actually espouses and defends the ideas for which she is being condemned by so many of those 'mainstream' economists today, it may be a useful step to the societal transformation to a freer society, a key long...
In 2012, the Sound Money Project, then part of the Atlas Economic Research Foundation, released Roads to Sound Money, a collection of essays edited with a foreword by Judy Shelton. The Sound Money Project is now part of the American Institute for Economic Research. AIER is pleased to post the...
"Goldstein treats money like it's the military: as something we can control, commandeer hither and thither, and that it almost always behaves like we imagine it will. It won’t do." ~ Joakim Book
Federal Reserve Chairman Jerome Powell speaks Tuesday at the Bay Area Council Business Hall of Fame awards ceremony with former San Francisco Fed chief Alex Mehran.
All Container Heck Breaks Loose amid Flood of Orders from US Retailers to Supply Stimulus-Stuffed Consumers, Cancelled Sailings by Carriers, and Record Spiking Freight Rates. While US Farmers Struggle to Find Empty Containers for Exports.
Case-Shiller analysis of 20 metro areas shows where the housing bubble was reblown and where it stalled.
After 30 years of falling and even negative interest rates, many of Japan’s regional lenders have share prices of 0.2 to 0.3 times their book value—levels that would have been considered catastrophically low even a few years ago.
Former Federal Reserve Bank of New York President and Bloomberg Opinion columnist William Dudley says Fed Board nominee Judy Shelton's policy positions seem to "bend with the political winds." He speaks with Bloomberg's Tom Keene and Jonathan Ferro on "Bloomberg Surveillance." Dudley's opinions are his own.
President Trump's controversial nominee to the Federal Reserve Board is in limbo amid Senate absences fueled by exposure to the coronavirus.
Mike Maloney revealed recently that he has re-entered the world of mining stocks via several ‘private placement’ deals. We’ve had many questions asking what percentage of Mike’s portfolio is in these mining stocks, join him in today’s video with Jeff Clark to find out.
Marketers and politicians have been intentionally exploiting our evolutionary wiring for decades, in order to influence us to do their bidding.
Congress has failed to pass another coronavirus stimulus bill as infections rise and state and local governments implement new restrictions.
Fund managers overseeing $526 billion are the most bullish they’ve been this year following the U.S. election outcome and progress on a vaccine, prompting a call from Bank of America Corp. strategists that it’s time to start selling risk assets.