Tag: Jerome Powell
In four years or so, due to loose monetary policy, the CPI will be jumping by 5% to 10%, the renowned financier says.
Hardly anybody thinks they’ll take root, pointing to their blah record overseas. Not so fast.
Unlikely. Here’s why, despite all that federal money sloshing around in the system, price rises should stay tame.
Evoking Mike Tyson, Jim Bianco says a market dive could bring big pressure to more rate cuts.
Evidence mounts that, after 10 years of extremely low rates, the impact of more cuts is limited.
Fed Chairman Powell’s words belie the official mandate, State Street’s Arone finds.
CME futures overwhelmingly indicate a further dip will come in September.