Tag Archives: jerome powell
Is the End of QT a Green Light for an Asset Rally?
On Monday, December 1, the Federal Reserve terminated Quantitative Tightening (QT). The job wasn’t even halfway done. Continue reading
Dollar Debasement as Permanent Policy
Fed Chair Jerome Powell recently stated quantitative tightening is about to end. What’s more, this will happen well before the Fed’s balance sheet ever gets close to $4 trillion, which is where it was prior to the coronavirus money printing festival. Continue reading
How Fed Dependence on Bogus Data Invites Disaster
Numbers may seem like hard facts. But they are rigorously flexible in the right hands. The game often involves framing. Politicians and bureaucrats are masters of it. Continue reading
Powell Holds the Line
This week, as expected, Powell and the Federal Open Market Committee (FOMC), held the federal funds rate at a target range of 4.25 to 4.5 percent. Of note, two members of the FOMC dissented from the majority decision. Continue reading
