If President Trump truly gained control of Fed policy, monetary decisions would likely cater to short-term political goals rather than the long-term stabili ...| thedailyeconomy.org
"Thanks to this disinflationary process ... the time is thus ripe in June to ease the monetary policy stance and start cutting rates," the ECB's Olli Rehn said.| CNBC
Reading Time: 2 minutesThe Federal Reserve held its benchmark interest rate steady on Wednesday, signaling a cautious stance as economic uncertainties continue to mount. Despite solid growth and a resilient job market, the central bank acknowledged rising risks on both sides of its Read more…| Daily Business Journal
The Federal Reserve in a closely watched decision Wednesday held the line on benchmark interest rates though still indicated that reductions are likely later in the year.| CNBC
by Patrick Honohan*, Governor of the Central Bank of Ireland (2009-15) That politicians should leave it to central banks to set interest rates in such a way that price stability is maintained (and …| Economic Sociology & Political Economy
Federal Reserve officials held short-term interest rates steady, but indicated that inflation is getting closer to its 2% target.| CNBC
The following is an excerpt from the book, Balance of Power: Central Banks and the Fate of Democracies, by Éric Monnet.| ProMarket
The Federal Reserve on Wednesday held its key interest rate steady for the third straight time and set the table for multiple cuts to come in 2024 and beyond.| CNBC
CBDCs are an expression of bankers’ fantasy of total control. Their first pilot program lasted 108 days and ended in total failure, lost elections and prison time. This post was originally pu…| The Naked Hedgie
A consequence of the special protected status granted by the US government to the money center banks was that even after the LDC crisis they continued to raise money with ease and at low cost relat…| Synthetic Assets