AMERICANTHINKER (American Thinker Blog) - A rule-bound Fed, not a Fed-bound rule: Reforming The FOMC without ending it
By Meda Parameswara Reddy Some ways to make it more transparent would improve its performance greatly.
AMERICANTHINKER - The return of fiscal QE
By Peter C. Earle America’s long-run economic health depends on productivity, innovation, investment, and sound public finances; not merely on whether government borrowing is packaged in three-month bills, ten-year notes, or thirty-year bonds.
JUSTTHENEWS (The Center Square Staff) - Despite a new chairman and shorter statements, the Fed has stopped talking interest rate cuts
Fed may be leaning toward increasing rates.
THEAMERICANCONSERVATIVE (David Brady) - Federal Reserve Maintains Current Rate Levels
State of the Union: The central bank left open the door to future rate hikes before the end of year. The post Federal Reserve Maintains Current Rate Levels appeared first on The American Conservative .
The Federal Reserve on Wednesday maintained the current level of interest rates between 3.5 and 3.75 percent amidst “elevated uncertainty” from the “conflict in the Middle East.” The meeting and subsequent press conference marked the first of Kevin Warsh’s tenure as chairman of the Federal Reserve. Warsh resisted issuing “forward guidance”––the direction of future actions by the Federal Reserve’s Open Market Committee (FOMC). “We recognize that inflation has been running well ahead of the Fed’s long-stated inflation goal of 2 percent that’s been going on for more than 5 years,” Warsh reiterated , adding, “This Committee will deliver price stability.” He announced five taskforces made of policymakers,…Open
AMERICANGREATNESS (AG News Staff) - Fed Holds Interest Rates Steady, Warsh Debuts Shorter Policy Statement
The Federal Reserve left its benchmark interest rate unchanged Wednesday, maintaining the target range at 3.5 percent to 3.75 percent in the first policy meeting […] Source
THEAMERICANCONSERVATIVE (Joseph Addington) - Jerome Powell to Stay on as Fed Governor
State of the Union: Powell will not leave the central bank’s board after his time as chair expires. The post Jerome Powell to Stay on as Fed Governor appeared first on The American Conservative .
Federal Reserve Chairman Jerome Powell said Wednesday he will remain on the central bank’s Board of Governors “for a period of time to be determined,” extending his influence over monetary policy after his term as chairman ends May 15. Powell’s decision denies President Donald Trump an immediate vacancy on the powerful seven-member board. Speaking at his final news conference as Fed chair, Powell said he was concerned that “legal attacks on the Fed” threaten its ability to set policy free of political pressure. Powell’s replacement as Federal Reserve chairman, Kevin Warsh, is currently going through the confirmation process in the Senate. Modern Fed chairs typically leave the board when their chairmanship ends. The post…Open
JUSTTHENEWS (Kevin Killough) - Federal Reserve holds rates steady, but with significant disagreement
The vote was split 8-4, with officials expressing varying reasons for their vote.
DAILYCALLER (Ryan Meilstrup) - 4 Fed Members Send Jerome Powell Out To Pasture By Bucking Him On Final Interest Rate Decision
'additional adjustments to the target range for the federal funds rate'
THEAMERICANCONSERVATIVE (Joseph Addington) - Fed Declines to Cut Rates
State of the Union: The central bank is waiting to see the economic effects of the ongoing Iran war. The post Fed Declines to Cut Rates appeared first on The American Conservative .
The Federal Reserve announced Wednesday that it will make no change to the interest rate benchmark, leaving interest rates in the range of 3.5 percent to 3.75 percent. The board of governors pointed to weak job growth, economic uncertainty due to rising energy prices, and inflation still above the central bank’s 2 percent target rate as part of the rationale for the decision. Federal Reserve Chairman Jerome Powell acknowledged the potential impact of the Iran war on the economy, noting that “the implications of events in the Middle East for the U.S. economy are uncertain.” “In the near term, higher energy prices will push up overall inflation, but it is too soon to know the scope and duration of the potential effects on the…Open
AMERICANGREATNESS (AG Staff) - Secretary Bessent: President Trump’s Economic Policies Are ‘Kicking in’, Shocking Experts
Secretary of the Treasury Scott Bessent says the U.S. is on the cusp of a non-inflationary boom and said that working Americans from “all walks […] Source