Powell’s Federal Reserve
Economists wring their hands over what it means to have a mere lawyer, Jerome Powell, as Fed chairman.
Read more...Category Archives: Federal Reserve
The Rise and Fall of the Phillips Curve
The Phillips Curve is broken and is used by policy-makers to hurt workers. Can it be fixed?
Read more...Why Those Looking for the Next Crisis May be Looking in the Wrong Places
More and more experts are nattering nervously about market risk and occasionally using the “crisis” word. What are the potential hazards?
Read more...Ilargi: The Curious Case of Missing the Market Boom
A skeptical look at a defense of stock market valuations.
Read more...The Fed’s Unwinding
Economists debate the Fed’s plan to shrink its balance sheet.
Read more...Nomi Prins: A Decade of G7 Central Bank Collusion – and Counting..
Why central bank snake oil and financier-favoring interventions have done great harm to ordinary people.
Read more...Why Is The Fed Raising Interest Rates As Fast As It Is?
Musing on why the Fed is so eager to raise interest rates.
Read more...Ilargi: Negative Interest Rates – Rogoff Cribs from Orwell and Kafka
The war on cash, to enable central banks to implement negative interest rates on ordinary citizens, continues.
Read more...Crisis Revisionist History: Redating of Onset to Make Behind the Curve Central Bankers Look Better
It would be nice if people who made pronouncements about the financial crisis knew what they were talking about.
Read more...Let’s Face It: Monetary Policy Is Failing
Why one of the core precepts of monetary economics is all wet, yet central bankers rely on it even when it keeps failing in practice.
Read more...Gerald Epstein: If Yellen is Out, What’s Next for the Fed?
Fed Chair Janet Yellen dodged a recent question about whether she’d accept a second term–although it’s unlikely Trump will re-appoint her.
Read more...Ben Bernanke, in Denial? “When Growth is Not Enough”
Bernanke is selling the idea that things aren’t that bad….which is true if you are in the top 20%, which he also kinda acknowledges…
Read more...Mr. Market Starts to Question Trump Trade Delusion
A look at the “Trump trade” pearl clutching yesterday.
Read more...Bill Black: Dodd-Frank Was Designed to Fail – and Trump Will Make it Worse
More confirmation that Dodd-Frank was never intended to do more than make marginal changes in bank regulation to forestall real reform.
Read more...President of Richmond Fed Leaks Insider Information and Gets to Walk Free
Bill Black discusses the travesty of the kid glove treatment of former Richmond president Jeffrey Lacker in a leak of FOMC information.
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