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Fed

Why Do Interest Rates Keep Decreasing?

Michael Farr | Posted 03.27.2015 | Business
Michael Farr

The market's response to Wednesday's economic data was somewhat perplexing at first blush.

The Fed Threatens To Raise Interest Rates, Which Could Be A Big Mistake

The Huffington Post | Mark Gongloff | Posted 03.18.2015 | Business

The Federal Reserve has lost its patience with interest rates. Let's hope it doesn't lose the economy in the process.

Jason Linkins

So That Happened: With Iran Letter, GOP Senators Basically Say 'Don't Trust America'

HuffingtonPost.com | Jason Linkins | Posted 03.14.2015 | Politics

So, that happened. This week, Iranian leaders got a letter, authored by Sen. Tom Cotton (R-Ark.) and signed by 46 other Republican senators, in which ...

Zach Carter

Top Federal Reserve Watchdog Recently Reopened Stalled Inquiry Over 2012 Leak

HuffingtonPost.com | Zach Carter | Posted 03.12.2015 | Politics

WASHINGTON -- The independent investigator who oversees the Federal Reserve recently reopened what had been a failed investigation to determine the so...

Shahien Nasiripour

Here's The Biggest Big Bank Mystery

HuffingtonPost.com | Shahien Nasiripour | Posted 03.11.2015 | Politics

Some of the biggest U.S. banks think they’d fare much better in a severe economic downturn than the Federal Reserve forecasts. Their executives and ...

Zach Carter

Top Fed Investigator Hid Probe Of Improper Leak From Congress And Public

HuffingtonPost.com | Zach Carter | Posted 03.11.2015 | Politics

WASHINGTON -- The independent investigator charged with policing the Federal Reserve conducted a secret inquiry into the 2012 leak of a sensitive cent...

June Is the Call, September If Q1 Falters

Daniel P. Collins | Posted 03.09.2015 | Business
Daniel P. Collins

Did Federal Reserve board Chairman Janet Yellen reveal anything last week during her Congressional testimony? Did the economic numbers or congressional questioning alter the Fed trajectory for tightening?

Audit the Fed: What Would Milton Friedman Say?

Steve H. Hanke | Posted 03.05.2015 | Politics
Steve H. Hanke

There is popular support for the idea that the Fed should be audited. More than three-quarters of registered voters would give the general idea of auditing the Fed a green light. It's no surprise, then, that there has been bipartisan support for similar proposals in the past.

A Currency Chapter in the TPP Will Not Diminish our Fed's Independence

Jared Bernstein | Posted 03.03.2015 | Business
Jared Bernstein

I'm sympathetic to the notion that since we already have lower tariffs than our trading partners, there are gains to be made on this front. But if the negotiators are truly saying we simply cannot have a trade deal that blocks currency managers, then maybe we shouldn't have a trade deal.

The End of the Gravy Train?

Michael Farr | Posted 02.24.2015 | Business
Michael Farr

In the summer of 2013, a sharp spike higher in interest rates caused by the "taper tantrum" (fear that the Fed will soon end monetary easing) reduced both housing affordability and the opportunities to lower mortgage rates through refinancing.

A Race Against Time

Michael Farr | Posted 01.30.2015 | Business
Michael Farr

The year 2015 may yet produce solid returns for investors in US stocks. However, it's looking more and more likely that TINA ("There Is No Alternative"), more than any other factor, will be responsible rather than strong earnings growth.

Fed Decision

Jeff Danziger | Posted 01.29.2015 | Business
Jeff Danziger

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Bold Action Plan or Delusional Rant?

Michael Farr | Posted 03.23.2015 | Business
Michael Farr

Wherever you stand on the political spectrum, I think there are some undeniable truths regarding our economy that need to be addressed before we reach the next phase of robust and sustainable economic growth.

Taking Stock

Michael Farr | Posted 03.17.2015 | Business
Michael Farr

There are many positive signs in the US. Gross Domestic Product (GDP) for the 3rd quarter was up 5% on an annualized basis compared to the 2nd quarter (adjusted for inflation).

Time to Get Excited?!

Michael Farr | Posted 02.28.2015 | Business
Michael Farr

Surging stock prices will likely increase rather than decrease the costs of saving for retirement for most folks. Why? Because most people, including baby boomers who are inching closer to "retirement age", remain vastly underprepared for retirement.

Should the Fed Be Worried About Deflation?

Michael Farr | Posted 02.17.2015 | Business
Michael Farr

For an economy heavily dependent on consumer spending, this is not a trivial consideration.

Why Participation at the Federal Election Commission Matters, Despite the Agency's Dysfunction

J. Gerald Hebert | Posted 02.16.2015 | Politics
J. Gerald Hebert

Appearing before the FEC and offering testimony, even when some of its commissioners are determined to undermine the campaign finance laws Congress enacted, might look to some like an exercise in futility.

A Global Disease Called Deflation

Edward Goldberg | Posted 02.16.2015 | World
Edward Goldberg

Two weeks ago I wrote a piece entitled THE 5 KEY TRENDS IN GLOBALIZATION THAT ARE CHANGING AMERICA and THE WORLD. On account of on going geo/economic ...

How Globalization Changed America in 2014, and What It Might Mean for 2015

Edward Goldberg | Posted 02.07.2015 | Politics
Edward Goldberg

It is the season of lists: best movies, best books, and so on. I thought I should continue a tradition I started several years ago of creating a different type of list: a geo-political-economic list -- a list of the globalization top five from an American perspective.

The Squeeze of the Middle Class

Michael Farr | Posted 02.04.2015 | Business
Michael Farr

The median household income in 2013 was only slightly above that reported for 1995 (after adjusting for inflation), while costs for necessities like housing (rent), health care, and education are making it much more difficult for middle-class folks to get by. 

What Is Causing the Drag?

Michael Farr | Posted 01.21.2015 | Business
Michael Farr

Using inflation-adjusted numbers, we indexed each component of GDP to 4Q07 levels, beginning with a value of 100 for each. We graphically display the results below, followed by some commentary.

Secret Tapes Suggest Regulators At JPMorgan Were Blocked From Doing Their Jobs

ProPublica | Jake Bernstein | Posted 11.17.2014 | Business

This story originally appeared on ProPublica: As the Federal Reserve Bank of New York moved to beef up its oversight of Wall Street two years ago, ...

Deleveraging Has Not Yet Run Its Course

Michael Farr | Posted 01.06.2015 | Business
Michael Farr

I've argued for some time that the process of deleveraging has yet to run its course. The aggregate level of debt in our economy currently stands at a record high, even though many pundits continue to say that debt levels are much more manageable now as compared to the pre-crisis days.

What Oil Is Telling You

Michael Farr | Posted 12.31.2014 | Business
Michael Farr

The drop in oil (and corresponding drop in energy stocks) is causing much consternation throughout the investment world because it is inconsistent with the narrative articulated by most economists.

Nikkei Soars As Bank Of Japan Announces Unexpected Stimulus Measures

AP | ELAINE KURTENBACH | Posted 12.30.2014 | Business

TOKYO (AP) — Japan's central bank surprised the financial world and pleased investors Friday by intensifying its purchases of government bonds and o...