The Fed’s newly tolerant inflation stance is a declaration of victory in its long war on savers.
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The End Of The War On Savers
Tag Archives: The Federal Reserve
Selling Treasuries, Buying Charmin
This week, the only assets people did not rush to sell were food staples, medical supplies and hygienic paper products.
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Opportunities When Markets Go Viral
Most market downturns carry the seeds of their own recovery, and recent viral-induced moves appear to be no exception.
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Settling Up With Paul Volcker
Baby boomers owe a big debt to Paul Volcker and his successful fight against inflation. Millennials, not so much.
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Drawing A New Line On Interest Rates
While a rate cut next week is nearly certain, the Fed should hold out against premature and political pressures to do more.
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Can The Fed Bend Without Bowing?
Trump wants the Fed to cut rates. The Fed may do so without necessarily bowing to presidential pressure.
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Good As Gold? Not Exactly
The gold standard is a classic monetary idea whose time came – and went – a long time ago.
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Is The Fed Still Independent?
In word and deed, if reports are true about planned nominees, Trump pays little heed to the Fed’s vital independence.
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The Dreaded Inverted Yield Curve
Who’s afraid of the big bad bond market standing on its head? Not the chief of the New York Fed.
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Why Stocks Thrived Amid Pandemic
After crashing in the darkest days last March, equities finished 2020 with solid gains as investors saw a brighter future.
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