Interest Rates Archives

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. The Fed hiked its benchmark federal funds rate by a quarter of a percentage point on Wednesday. The move marks the 10th in a…

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. Kaplan says the situation is direr than commonly believed and he's calling the central bank to pause its rate hiking cycle. In an interview on Bloomberg…

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. Following a dismal gross domestic product (GDP) report on Thursday, Biden tried to claim that the economy looks hopeful. However, Wall St. executives are not buying…

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. Musk sat for an interview with Tucker Carlson and called out Federal Reserve Chair Jerome Powell for some of his head-scratching moves. "This is a dire…

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. On Wednesday, Powell criticized the management of SVB for poor risk management. He alleges that bank executives sought to grow…

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. Logan delivered a speech at an event hosted by the University of Chicago Booth School of Business. She explained that the bond market is susceptible to substantial shocks.…

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. According to the Monday warning from S&P Global Ratings, the default rate for American companies could reach 3.75 percent by September 2023. The rates will…

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. Speaking during an interview with CNN on Sunday, Yellen failed to inspire confidence that the Federal Reserve is going to steer the United States…

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. The move comes as policymakers in the Eurozone scramble to stem the tide of rising inflation throughout the region. Initially, ECB policymakers were divided between a 50 and a 75…

Fed’s Powell Warns of Economic Pain: Inflation Fight Will Last ‘Some Time’

Federal Reserve Chairman Jerome Powell has warned Americans to brace for a long period of economic pain, revealing that he expects the fight against inflation will last "for some time." The Federal Reserve will use its tools “forcefully” to attack the 40-year high level of inflation by continuing to tighten…