All Posts Tagged With: "Federal Reserve"
Will the Fed Raise Rates This Year?
What does the Federal Reserve plan to do about inflation? At the moment they’re just taking, but it could be time for action later in the year, says Mike Burnick.
Another ECB Rate Hike Will Kill the Dollar
Throughout the world consumers and investors are taking a beating, says Bill Bonner.
In some countries soaring inflation is eroding consumer purchasing power. In others tumbling asset prices are destroying investor wealth. In most both are happening at once.
It’s a major headache for central banks. Bill says the Fed should follow the ECB in hiking rates, even if it means an economic slump…
Fed and ECB Target Different Flations
Editor’s Note: The Fed and the ECB have taken up opposing positions in the current economic battle, says Mike Burnick. Bernanke & Co have chosen to protect economic growth from the threat of tumbling asset prices. In Brussels, the priority is controlling inflation. This is bad for the dollar, says Mike, which will drive commodity prices higher still. There is no pain-free solution, he adds.
A ‘Systematic Crash’ in US Banking Now a Distinct Possibility
Editor’s Note: John Williams at ShadowStats.com warns that major foreign dollar holders could be about to dump the dollar. Meanwhile, a systematic crash in the threadbare US banking system is a distinct possibility thanks to the $391 billion in losses already suffered by US banks as a result of mortgage-related writedowns. All this, says The Mogambo Guru, means good news for gold and silver and a potential meltdown for US stocks, bonds and, of course, the dollar…
Inflation Is Much Higher Than You Think
Editor’s Note: The Mogambo Guru is apoplectic about the Big Media’s denial over the country’s inflation problem. Official data is underestimating prices in a big way, he says, and the Fed has no idea how to manage the situation…
The Fed’s Talk Won’t Save the Dollar
Editor’s Note: Bill Bonner in The Daily Reckoning says the recent slide in the dollar is nothing compared to the all-out collapse that could be on its way. Central banks throughout the world are holding $5 trillion, and some are getting worried about the greenback’s decline. Meanwhile, the euro and gold are become increasingly attractive holdings. If global central banks start dumping their dollars, it could mean the end of the global financial system as we know it…
The Fed’s Policy Is Firmly Guided By Fantasy
Editor’s Note: There is nothing the US Treasury can do to prevent further losses for the dollar, says Peter D. Schiff, not when the Fed’s policy on inflation is firmly guided by fantasy.
The Decline and Fall of the American Empire
Editor’s Note: The 1930s have nothing on the depression we’re about to enter, says commodities expert Doug Casey. Interest rates are too low and currencies are being kept artificially high. It can only lead to one thing: the decline and fall of the American empire.
Billionaire investor Eli Broad shares Doug’s view, although he puts it a little more mildly. He said yesterday that the US economy is in the worst recession since World War II and a recovery in the housing market is “several years” away.
The US Federal Reserve’s Inflationary Feast
Editor’s Note: What’s the Mogambo’s take on inflation? He thinks that rather than cut back, consumers are just going to carry on spending, and inflation will carry on rising. Is there any light at the end of the tunnel? Not that he can see…
ECB Meeting Should Add to Euro Strength
Editor’s Note: Profit taking by traders is the only thing slowing the dollar’s slide against the euro at the moment, says The Daily Reckoning’s Chuck Butler. He sees the euro heading back towards 1.60 in the coming days. With the market likely to have already priced in an ECB rate hike this week, it will be Governor Trichet’s comments that count most for currency traders…
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