Trump Reviewing Candidates to Replace Jerome Powell in Fed Chair Role
President Donald Trump has narrowed his choices for Jerome Powell’s replacement as the next chair of the Federal Reserve.
Interest Rates
Federal Reserve Hikes Interest Rates to Highest Levels since 2008 Crash
The U.S. Federal Reserve has just announced fresh hikes to take interest rates to the highest levels seen since the eve of the 2008 financial crash.
Ex-Fed President Kaplan Warns Banking Crisis Is ‘More Serious’ Than Public Knows
Former Federal Reserve Bank of Dallas President Robert Kaplan has warned that the mounting banking crisis is “more serious” than the American public realizes.
Wall St Experts Issue Warning after Biden’s Economic Gaslighting: ‘Economy Is Unwell’
Wall Street experts have issued a grim warning after Democrat President Joe Biden attempted to gaslight the American people over the gloomy economic outlook.
Elon Musk Issues ‘Dire’ Warning to America: ‘Last Time Fed Raised Rates Going into a Recession Was 1929’
Twitter CEO Elon Musk has issued a warning to America about the “dire situation” emerging from Democrat President Joe Biden’s bungling of the economy.
Fed Chair Powell on SVB Collapse: Regulators Were Surprised by Bank Run
Federal Reserve Chairman Jerome Powell has commented on the collapse of Silicon Valley Bank (SVB) by revealing that regulators were caught off guard by the speed of the bank run.
Fed’s Logan Warns Financial System Vulnerable to Bond Stress, Bostic Open to Rate Hikes
America’s financial system is vulnerable to stress in the government bond market, Federal Reserve Bank of Dallas President Lorie Logan has warned.
S&P Global Warns: Corporate Defaults Will Double Even in Mild Recession
Leading analysts with S&P Global have warned that corporate default rates will more than double, even if the United States only suffers a mild recession.
Janet Yellen: America Needs ‘Some Good Luck’ to Avoid Hard-Landing into Recession
Democrat President Joe Biden’s Treasury Secretary Janet Yellen has stated that America needs “some good luck” if the economy is to avoid hard-landing into a recession.
ECB Raises Interest Rates Further as Inflation Soars in Eurozone
The European Central Bank (ECB) has hiked interest rates again on Thursday by the largest increment since the bank’s founding.