There’s growing speculation that the Federal Reserve may lower interest rates ahead of the upcoming Election Day, potentially offering Americans a fleeting sense of financial well-being. However, experts caution that such a move could have adverse long-term consequences. EJ Antoni […]
Biden just found a new way to buy votes ahead of the November election Read More »
According to a new report from Breitbart News, “The personal consumption expenditure (PCE) price index rose 0.4 percent in April, up from the 0.1 percent rise a month earlier. Economists had forecast a milder increase to 0.3 percent.” Compared with
Federal Reserve Board Chairman Jerome Powell announced on Wednesday yet another interest rate hike of 25 basis points (a quarter of a percent), sending the stock market into shock, with the Dow Jones Industrial Index closing over 250 points down.
Dow dips sharply after Powell announces another rate hike Read More »
On Tuesday, President Trump addressed the Economic Club of New York to speak about the booming economy he has created during his time in office, touting low unemployment numbers and soaring stock markets. Trump said jokingly, “most of you wouldn’t
Trump takes on the Fed during NY Economic Club speech Read More »
