After raising interest rates 10 times in as many meetings, the U.S. Federal Reserve’s Open Market Committee is likely to move rates higher less often, Fed chair Jerome Powell told the House financial services committee on 21 June.
Tag: Federal Reserve
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EXPECT AN INFLATIONARY DEPRESSION
Collectively world central banks have been working in concert for many decades to devalue their respective currencies-FASTER. Moreover, this process of devaluation is going to accelerate.
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FED RAISES KEY RATE A QUARTER POINT: WHAT’S NEXT?
The U.S. Federal Reserve added a quarter point to its key interest rate last week, lifting the yield it pays on deposits to 4.75 percent and the rate it charges borrowing banks to 5 percent.
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CENTRAL BANKS MUST NOW HYPERINFLATE, AND YOU WILL PAY FOR IT
For those of you who may not know, I am going to let you in on a nasty secret. THE POWER OF ANY GIVEN CENTRAL BANK RESIDES IN ONLY ONE THING, AND ONE THING ONLY… ITS ABILITY TO INFLATE.
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THE U.S. HAS THE WORLD SETUP FOR A WORSE FINANCIAL CRISIS THAN IN 2008
There are two main avenues to a potential U.S. financial crisis. Such a crisis, because of U.S. financial dominance and because of the interconnections of globalism, which was a huge mistake for humanity, would be international.
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SPOTLIGHT: BIGS GETTING BIGGER
As forecast, the Merger and Acquisition trend which we have been long reporting would peak when the Federal Reserve would aggressively raise interest rates and cut off the cheap money supply.
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SPOTLIGHT: BIGS GETTING BIGGER
As forecast, the Merger and Acquisition trend which we have been long reporting would peak when the Federal Reserve would aggressively raise interest rates and cut off the cheap money supply.
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FED HIKES RATE 75 BASIS POINTS: AS FORECAST, SMALLER RISES MAY COME SOON
As we noted, we got it half wrong. Since “It’s the economy, stupid,” we had forecast that President Joe Biden would pressure the Federal Reserve not to raise interest rates 75 basis points last week to help boost the equity markets and voter sentiment prior the mid-term elections.
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IS THE FEDERAL RESERVE MERELY INCOMPETENT OR IS THERE A DARK AGENDA?
I have never known the Federal Reserve to make a good decision. Indeed, disastrous decisions are the Fed’s hallmark. There are many such disasters. Among them the Great Depression, the decade long consequence of the Federal Reserve Board’s failure to prevent the shrinkage of the U.S. money supply.