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Former Dallas Fed president: It would be a serious mistake for the Fed to hike ratesKate Moore, BlackRock chief equity strategist, and Richard Fisher, former Dallas Fed President, join 'Halftime Report' discuss the Fed’s rate hike decision today and what effect it could have on the market. The Fed knows their borrowing rate is now neutral: Strong economy, low unemployment and little to no inflation in sight. They don’t want to cause a recession, do they? realDonaldTrump CNN ABC NBCNews MSNBC FoxNews Richard Fisher was very insightful today, on Fed thinking/methodology Fed upping rate is Just an anti-Trump move., Nothing else. Everyone in our government is mobilized.
Source: CNBC - 🏆 12. / 72 Read more »
Former Dallas Fed President: Fed will focus on real economy, not markets'They will adjust, they will be flexible, they will be patient,' Fmr. Dallas Fed President Richard Fisher said he doesn't understand why the market is so nervous about Fed policy decisions. 'This is standard Federal Reserve rhetoric.' Trying to wreck Trump's Economic Rally How is it possible that Powell and the fed board talk so much while saying so little. They should just release an emoji once a year. 👍👎 It was the 233% increase in rates in 21 months with promises of more that was problematic! 🙄
Source: CNBC - 🏆 12. / 72 Read more »
A Fed pause won't be the Fed riding to the rescue, says Bessemer CIO'Eyes wide open.' Bessemer Trust CIO Rebecca Patterson says she has a more bullish outlook for 2019, but doesn't think we're 'necessarily out of the woods. I want to temper my enthusiasm a bit.' Did she have a more bullish outlook for 2018, perchance?
Source: CNBC - 🏆 12. / 72 Read more »
Cleveland Fed President Loretta Mester says if inflation doesn't rise, Fed could stop hikesBetter news; but Fed has no credibility. God willing and the creek don’t rise. forgetaboutit Tell Cramer
Source: CNBC - 🏆 12. / 72 Read more »
NY Fed President John Williams says the Fed could re-evaluate view in 2019The Fed is open to reconsidering its views on rate hikes next year, NY Fed President John Williams says. Hilarious - Fed Chair federalreserve realizes the massive communication blunder (2nd time around btw) so he sends one of his guys to repair the damage. Disastrous Fed Chair Powell 🤣👏👏 We are facing an unwind of a 10 year worldwide bubble.....bigger than the 2008 bubble. Reconsidering FED views on rate hikes ain't gonna' do much. FED needs to work with Treasury to decrease the deficit and improve Federal balance sheet.
Source: CNBC - 🏆 12. / 72 Read more »
Trump inaugural committee paid Trump hotel after Ivanka Trump brokered deal: ReportThe Trump inaugural committee is facing scrutiny over the payments. This is outrageous but typical of this Con family! This has happened ever since he became POTUS. Whether it was the Innagural Committee or foreign dignitaries looking to gather favor, the Trump Hotel has become the go to place in DC. This was probably one of the most profitable deals the Trumps ever made.
Source: Newsweek - 🏆 468. / 52 Read more »
Trump started a fight with the Fed he had zero chance of winning — now he’s backing downInvestors may disagree on how fast and how high the Fed should raise rates, but one thing unites Wall Street: The Fed should free of political interference. Huh? Haven’t several prominent politicians called to abolish it entirely?
Source: MarketWatch - 🏆 3. / 97 Read more »
Trump’s anger over rate hikes is growing as he hints at firing Fed chairman Jerome PowellTrump has reportedly discussed Federal Reserve Chairman Jerome Powell's ouster several times this week. Check it out! aulad_b will do flyer design, event flyer, professional flyer for $10 on Fiverr Heads will roll until morale improves!
Source: BusinessInsider - 🏆 729. / 51 Read more »
Trump tweets that Fed ‘is like a powerful golfer who can’t score because he has no touch’The latest attack leveled against the Federal Reserve by President Trump... It's now out there, bald-faced: Trump is just pissed that the Fed won't lay down covering fire for the idiotic trade fight he picked with China -- as it shouldn't. The Maekets have spoken.
Source: MarketWatch - 🏆 3. / 97 Read more »