A hub for independent voices and signals
Donald Trump called Federal Reserve Chair Jerome Powell a “stubborn MORON.” He urged the Fed board to take control of interest rates if Powell refuses to cut them. Trump said, “IF HE CONTINUES TO REFUSE, THE BOARD SHOULD ASSUME CONTROL, …
In a delicate balancing act, the Federal Reserve chose to keep its benchmark interest rate steady, resisting the pressure to cut rates as the economy faces cooling growth alongside persistent inflationary pressures. As households and businesses await the central bank’s …
Despite a decline in the value of the Japanese yen, the Producer Price Index (PPI) in Japan continues to indicate a deflationary trend. In other words, the prices that producers receive for their goods and services are still experiencing a …