Jerome Powell Archives

Biden Admin May Freeze Bank Withdrawals as Currency Fears Soar, Expert Warns

A top economic expert has warned that Democrat President Joe Biden's administration may be planning to freeze all U.S. bank withdrawals. The warning comes as fears over the banking crisis and the stability of the economy continue to soar. According to macroeconomics guru Hugh Hendry, the Biden admin could literally…

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…

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…

Biden Orders Federal Reserve to ‘Explore’ Digital Cash

Democrat President Joe Biden has ordered the U.S. Federal Reserve to "explore" the use of a "digital dollar" in place of traditional physical cash. Since Day One of being sworn into office, Biden's executive orders have been wreaking havoc on America's economy. His orders attacking the oil and gas industry…

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…

FOMC Members Warned of ‘Uncertainties’ in Inflation Outlooks, Raised Recession Odds, Minutes Reveal

Federal Open Market Committee (FOMC) members are quietly raising concerns about a long, drawn-out recession, recent minutes have revealed. Minutes from the latest FOMC policy meeting show that the policy-making arm of the central bank believes the odds of a recession occurring in 2023 are higher. While inflation is moderating…

Elon Musk Warns America That Biden’s Fed Is Tanking Economy

Elon Musk has issued a warning to the American people that Democrat President Joe Biden's Federal Reserve is tanking the US economy. The warning from Musk comes amid rising concern about the Fed's poor monetary policy. On Monday, Wharton Business School professor Jeremy Siegel criticized the Federal Reserve and its…

Fed May Require 7.5 Percent Unemployment to Lower Inflation

The U.S. Federal Reserve may require the American unemployment rate to rise to almost double its current level in order to control high inflation, a new report has suggested. According to a team of researchers from the International Monetary Fund (IMF), huge job losses may be necessary to bring inflation…

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…

Defaults to Soar amid ‘Extremely High’ Recession Risk and Rising Borrowing Costs

Credit defaults in the United States are expected to soar as borrowing costs continue to rise amid an "extremely high" risk of recession, a group of finance industry leaders is warning. An association of fund managers issued a dire prediction about the growing risk of credit defaults. The International Association…