Economist Lyn Alden says the U.S. Federal Reserve is embarking on a “gradual print” era of monetary policy characterized by steadily increased liquidity. Alden said this approach will grow the Fed’s balance sheet at a rate proportional to bank asset growth or nominal gross domestic product, whichever is higher. Many
With the market speculating a Fed rate cut in December, Bitcoin has rallied by more than 8% since it went down below $81,000 on Friday. According to Barclays Research, there is disagreement among Fed officials about the future of monetary policy. Moreover, Chair Jerome Powell might signal another 25 basis
President Donald Trump is stirring things up again, saying he might sue Federal Reserve Chair Jerome Powell over the high costs of renovating Fed buildings. At the same time, he’s pushing hard for the Fed to cut interest rates after the latest US CPI data came in at 2.7%, lower
The Federal Reserve is the central bank of the US. It sets interest rates and makes decisions to maintain the stability of the economy. The Fed is supposed to be independent. This means it should not be controlled by the president or politicians. Jerome Powell is currently the Federal Reserve
