Posted in coronavirus Economy Federal Reserve FOMC interest rates

Fed Leaves Rates Unchanged Near Zero, Says Path of Economy Depends on Virus

The Fed said it will continue bond purchases at least at the current rate, around $1 trillion a year.

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Posted in Economy Federal Reserve Gallup poll Inflation Inflation Expectations interest rates Jerome Powell Politics unemployment

Americans Are Bullish on Stocks, Worried About Inflation

Far more Americans are worried that inflation will go higher than are worried about unemployment going higher over the next 6 months.

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Posted in death Economics fed funds rate Federal Reserve Finance Inflation interest rates monetary policy obit obituary Paul Volcker QE Quantitative Easing Wall Street

How Paul Volcker Put The Country Above Himself And Wall Street

There’s a sense that the bureaucrats who command the federal leviathan work for themselves, not for the country at large. That wasn’t true of Paul…

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