Good Luck to Europe, Biden Threatens Energy Exporters With Stop Exporting Mandate! – Mish Talk
Image from Granholm’s website Hello Europe, Especially Germany Hello Europe, the US Threatens to Shut Off Energy Exports. America’s allies in Europe are desperate for...
Foul Powell On The Prowl! Fed Chair Powell’s Comments At Jackson Hole Send NASDAQ Down -2.58% – Confounded Interest – Anthony B. Sanders
Foul Powell on the prowl … at Jackson Hole. Federal Reserve Chair Jerome Powell signaled the US central bank is likely to keep raising interest rates and...
Can Central Banks Maintain Their Autonomy?
As the world’s central bankers gather this week at the Federal Reserve’s annual mountain retreat in Wyoming’s Grand Tetons, soaring prices pose the biggest test...
IMF warns of risks from highest inflation in decades and calls for decisive action
The global economy needs decisive monetary policy action from central banks around the world to minimise risks stemming from the highest inflation in decades, which...
“Abuse Of Power”: WaPo And WSJ Slam Biden Student Loan Handout; Penn Wharton Sees Trillion Dollar Cost
After the Biden administration announced its ham-fisted scheme to eliminate $10,000 in student loans for borrowers making less than $125,000 per year, and $20,000 for...
Fed Chair Jerome Powell Pledges to “Act With Resolve” to Beat Inflation – Mish Talk
Powell July 27, 2022 FOMC Image In Jackson Hole, Wyoming, Fed Chair Jerome Powell gave a hawkish speech today on Monetary Policy and Price Stability....
Of Two Minds – Economies Can Burn Out, Too–And They Are
August 26, 2022 Economies can burn out, too, and they’re already sliding into the final stages of burnout. Burnout has a startling knack for sneaking...
Dealing with inflation now an urgent issue, BIS chief says
Bank for International Settlements (BIS) General Manager Agustin Carstens leaves after G-20 finance ministers and central banks governors family photo during the IMF/World Bank spring...
Dow closes down 1000 points, Nasdaq falls 3.9% after Powell warns of pain to households in inflation battle
U.S. stocks tumbled Friday, with the Dow Jones Industrial Average closing down more than 1000 points for its worst daily percentage drop since May, after...
Fed balance sheet shrinkage kicks into high gear in September
ZeroHedge/Stephen Gallagher/8-24-2022 “Nevertheless, the Fed did not foresee that it would have to reverse QT in 2019 at a level of reserves far above pre-2008...