Danielle Dimartino Booth, author of Fed Up and CEO of Quill Intelligence, worked inside the Federal Reserve when quantitative easing, the introduction of new money…
Posts tagged as “Federal Reserve”
“The Biden administration has been extraordinarily incapable or inept when it comes to filling positions,” said Danielle DiMartino Booth, founder of Quill Intelligence. “And the…
Federal Reserve Chair Jerome Powell told lawmakers on Wednesday that the economy needs more help to economic stimulus to power through the economic impacts of…
“The coronavirus outbreak has harmed communities and disrupted economic activity in many countries, including the United States,” the Federal Reserve said as it cut interest rates to essentially zero and embarked upon a $700 billion quantitative easing program to shelter the economy from the effects of the virus.
The Federal Reserve may stop targeting inflation, the measure of price increases for goods and services over time, as the coronavirus response threatens economic depression…
Minneapolis Federal Reserve Bank President Neel Kashkari said on Sunday the U.S. economy faces a “long, hard road” to recover from the hard stop implemented to fight the coronavirus outbreak.
Federal Reserve Gov. Lael Brainard noted key risks associated with cryptocurrency on Wednesday, including Facebook Libra in particular.
The Board of Governors of the Federal Reserve member was speaking to the European Central Bank (ECB) colloqium in Frankfurt on “Monetary policy: the challenges ahead.”
Former Federal Reserve Chairman Paul Volcker died at 92. He was suffering from prostate cancer, according to reports.
“The economic hero of post-World War II America I would have to say was Paul Volcker,” Robert Kavesh, a professor at New York University. “And that’s saying something.”
President Carter appointed Volcker as chairman of the Fed in 1979 amid a stagflation crisis, in which both high inflation an rising unemployment led to gas rationing, etc.Volcker constricted the nation’s money supply and allowed interest rates to rise to more than 18 percent on mortgages.