JACKSON HOLE, Wyo. - The Federal Reserve’s influence on economic conditions beyond U.S. borders may be bigger than it thinks, according to research that will be presented at the central bank’s conference on Saturday.
The research uses data on demand for Treasuries that would seem to refute Fed Chair Jerome Powell's 2018 statementthat"the role of U.S. monetary policy" in setting the global market conditions that can help or hurt economic growth"is often exaggerated." The Fed was raising rates back then but last month cut borrowing costs for the first time in more than a decade to prevent a slowdown.
Strong desire to buy U.S. assets to seek shelter from an uncertain world has been a key theme this year. The U.S.-China trade war and a teetering global economy caused investors to gobble so many 30-year Treasury bonds in recent days that yields sank to a record-low 1.916%.
The shadows against the wall sure make that look like an elephant.
In other breaking news: water is wet and fire is hot.
MAKE AMERICA SANE AGAIN (MASA) 🇺🇸
Is that why Trump beating on Fed?
I think they stole a Nazi era eagle and cemented it on the fascia of the fed
This is a private institution and needs to be destroyed.
Somebody needs to do RESEARCH to know this?
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Loretta Mester says if economy stays like this, Fed should keep rates 'where they are'U.S. stock index futures pointed to a lower open on Friday after a report said China will slap new tariffs on U.S. goods. 'Dual mandate of keeping all asset valuations at all-time highs no matter what and getting realDonaldTrump re-elected'? Brain dead Listening to Mester is no diff than any chair. Talk BS and making it sound important. 99% are losing each day, day after day for 35 years and Meter is an Opra buff with hubby George ! No worries ! Completely ignorant to reality because they reinforce.. each other so trash
Source: CNBC - 🏆 12. / 72 Read more »
The Fed Is Cutting Interest Rates Because Of Trump's Blundering Actions, Not His Blustering WordsThe Fed can fairly be said to be cutting interest rates because of Donald Trump. But the move has little to do with the unprecedented and buffoonish levels of political pressure this president is placing on the U.S. central bank, whose functioning is key to domestic and global economic stability. I'm sure it's not because of Trump's criticism or demands, but it's still their ignorant handling of the situation. With Europe now offering negative interest rates, holding ours at this level is rediculous. Really Forbes? Just want China to keep stealing things huh I’m prepared to take a hit for the long run gain of beating China. We should double our planned new tariffs in December and the likes of Apple should allocate their supply chain to other countries quickly to remain competitive.
Source: Forbes - 🏆 394. / 53 Read more »
The Fed Is Cutting Interest Rates Because Of Trump's Blundering Actions, Not His Blustering WordsThe Fed can fairly be said to be cutting interest rates because of Donald Trump. But the move has little to do with the unprecedented and buffoonish levels of political pressure this president is placing on the U.S. central bank, whose functioning is key to domestic and global economic stability. Who cares why they are doing it the best news is that they are actually doing it The Fed just like the Courts have had overtime duty keeping realDonaldTrump from wrecking everything. It worked though 🤷🏼♂️. Janet Yellen even said this should of happened and wanted it to happen with Obama. This is good news for all.
Source: Forbes - 🏆 394. / 53 Read more »
Powell: No 'rulebook' on trade, pledges the Fed will 'act as appropriate' to sustain the economyPowell repeated his pledge Friday to keep the economic expansion going while acknowledging that tariffs and other factors are causing growth to slow. “The global growth outlook has been deteriorating since the middle of last year. Trade policy uncertainty seems to be playing a role in the global slowdown and in weak manufacturing and capital spending in the United States,” Fed Chair Powell said. CNBC : Jim Stewart “the day Navarro leaves will be a big rally” , understatement of the year!
Source: CNBC - 🏆 12. / 72 Read more »
Here's what shows the bond market is really scared about Fed policyOne area that has been raising alarm bells is the market's growing expectation that inflation will go lower and lower, and stay there for a long time. More theatrical hypothetical scenarios rose Xi is losing control in China. The EU has a wealth tax on deposits. All the FED has to do is set the rate at 2% & meet again in December 2020. It has no control of the rest of the world. Strong dollar is needed to disengage with China Move the supply chain. tt:MariaBartiromo TRUMP, The Con-Artist & Bankruptcy King's Games are Ruining US!
Source: CNBC - 🏆 12. / 72 Read more »
Powell Says Fed Prepared to Provide Stimulus if a Slowdown Hits U.S. EconomyFederal Reserve Chairman Jerome Powell said the central bank was prepared to provide more stimulus if a global economic slowdown, aggravated in recent weeks by geopolitical events and trade policy uncertainty, hurts the U.S. economy. CreditCardPowell Yes, let’s provide more stimulus packages to the banks and auto industries, that worked out well. If you really want a stimulus package, reduce some student loans so people in their 20’s and 30’s don’t have to live paycheck to paycheck and can actually participate in the economy. TRUMP, The Con-Artist & Bankruptcy King's Games are Ruining US!
Source: WSJ - 🏆 98. / 63 Read more »