Federal Reserve Decisions

No central banker really wants to get all the publicity that central bankers are receiving these days. You look at some of the major newspapers, like the New York Times, the Wall Street Journal and the Financial Times, and their Monday editions are filled with articles about Jerome Powell, Chairman of the Board of Governors…

How The Federal Reserve Sees The Economy

Officials at the Federal Reserve moved ahead and raised the policy target range for the Federal Funds rate to 2.25 percent to 2.50 percent. I think that it important to see that the vote for this change was unanimous, showing the desire of the leaders of the Fed to show President Trump, and the world,…

Why Should The European Union Be Nice To Great Britain?

“EU Ambushes Teresa May Over Brexit Plan.” So reads the headlines of the Financial Times, the day after Ms. May met with European leaders in Salzburg, Austria. She was told her economic plan for Brexit ‘will not work’ and gave her four weeks to save the exit talks. The day after, Ms. May responded that…