Federal Reserve

Stocks, Oil Drop on Concerns Over New Covid-19 Variant

Treasury yields slide as investors shed riskier assets and pile into havens.

Biden Picks Powell to Lead Fed for a 2nd Term, Brainard Nominated as Vice Chair

President Joe Biden has picked Federal Reserve Chair Jerome Powell to serve a second four-year term at the helm of the central bank, while nominating Lael Brainard, the only Democrat on the Fed’s seven-member board, to serve as second-in-command at the Fed.

Federal Reserve Failure

What do the Federal Reserve and neoconservatives have in common? They both refuse to admit that their policies — the neocons’ promotion of perpetual war and the Fed's manipulation of the money supply — are complete failures, having produced the opposite of the promised results.

Inflation Surge Pushes Gold to Five-Month High

Climb in the haven asset accompanies other signs that investors are starting to seek more protection from rising consumer prices and interest rates.

Biden’s Banking Nominee Calls to Eliminate All ‘Private Bank Accounts’ (Video)

Saule Omarova, Joe Biden's selectee for the Office of the Comptroller of the Currency (OCC), called during a March virtual conference to eliminate all private bank accounts and deposits.

US consumer prices rise at fastest pace in three decades

Biden says taming inflation is ‘top priority’ as soaring energy costs help drive 6.2% increase.

MSNBC Calls Rising U.S. Inflation a Sign of ‘Rapid Recovery’

Mainstream news piece tells Americans they shouldn't be "afraid" of 30-year high consumer prices.

US Likely to See Higher Inflation From Housing ‘For a While’, Fed Governor Says

The United States is likely to see greater inflation risks from record-high housing prices as demand continues to outstrip the number of newly-built homes while bottlenecks in supply chains slow construction, Federal Reserve Governor Michelle Bowman said on Monday.

‘It’s a melt-up’: U.S. stocks are on an unusually strong run heading into the holidays

‘Stocks are loving the very easy monetary policy,’ says a portfolio manager

Inflation Debate Hangs Over Stock Market’s Record Run

Some investors think the Federal Reserve will be forced to swiftly raise rates next year to rein in inflation and keep the economy stable

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