EUR/USD aims to strengthen close to 1.1770 as expectations for a lenient Fed improve
Market Update: EUR/USD Movement and U.S. Economic Data Impact In Asian trading on Friday, the EUR/USD is making an effort to recover around the 1.1770 mark. Major currency pairs have seen some interest as the U.S. dollar appears to be losing strength. Analysts speculate this shift could be tied to increasing expectations that the Federal […]
A Battle Over Fed Confirmation Might Split Central Banking in Strange Ways
Can the split in the Fed survive? Many Americans envision the Federal Reserve as a single entity with one authority at the helm. When the Fed chair speaks, there’s usually a noticeable ripple effect in the markets, and interest rates react. It gives off the impression of a coherent structure—one leadership, one direction. However, the […]
Warren and Bessent dispute over Trump’s joke about suing Fed nominee Warsh
Warren Challenges Treasury Secretary Over Trump’s Fed Nominee During a Senate Banking Committee hearing, Senator Elizabeth Warren of Massachusetts engaged Treasury Secretary Scott Bessent in a heated discussion regarding President Donald Trump’s past remarks, which seemed to suggest he would sue potential Federal Reserve nominee Kevin Warsh if he didn’t lower interest rates. Warren, who […]
US Dollar Index climbs close to 98.00 as Fed hints at tighter policy
US Dollar Index Rises Amid Fed Signals The US dollar index (DXY), which gauges the value of the dollar against six major currencies, has climbed for the second consecutive day, trading around 97.80 during Asian market hours on Thursday. The dollar’s strength is attributed to hawkish signals from the Federal Reserve and the growing belief […]
Kevin Warsh’s Battle Against Fed Consensus Thinking
Warsh War III: Fighting Groupthink This is the last part of a three-part series discussing Kevin Warsh’s nomination to lead the Federal Reserve. You can find the first and second parts linked here. In March 2016, Kevin Warsh addressed the National Association for Business Economics, delivering some pointed criticisms about the Federal Reserve. In his […]
Trump chooses Kevin Warsh as Fed chair to change inflation strategies
Trump’s Choice for Fed Chairman: A New Direction? President Trump may have made a significant move by nominating Kevin Warsh as the next Federal Reserve Chairman. Unlike Jerome Powell, whose term has been criticized, Warsh isn’t viewed as particularly political or an inflation hawk. He has made clear his stance against the Phillips curve, which […]
US Dollar Outlook: DXY Encounters Pullback Resistance Amid Rising Shutdown Concerns and Fed Uncertainty
Concerns about de-dollarization led to a decline, then doubts about the Fed fueled a rally. Last week, the dollar faced a significant amount of selling pressure, driven by renewed fears of its weakening. After a brief period of stability, selling escalated until it sharply reversed on Tuesday, January 27, when the index started to recover. […]
Being woke relies on a lack of gratitude — and regular folks are fed up.
The Nature of “Wokeness”: A Perspective In today’s world, where every concern feels magnified into a larger moral phenomenon, the concept labeled “wokeness” distinguishes itself through a notable trait: it’s often seen as, well, ungrateful. Being “woke” isn’t merely about addressing injustice; it tends to cling to the negativity associated with it. It treats any […]
Epstein talked about getting rid of Fed chair Jerome Powell with Steve Bannon.
Amidst a trove of nearly 3 million pages of Justice Department records, a brief email exchange has come to light, revealing discussions between disgraced financier Jeffrey Epstein, Federal Reserve Chairman Jerome Powell, and former Trump advisor Steve Bannon regarding Powell’s potential termination from his position. The email, dated in 2018, carries the subject line “Re: […]
Hassett holds Powell and Biden responsible for the housing crisis while the DOJ investigates the Fed.
On Sunday, Kevin Hassett, an economic adviser to former President Trump, commented that Americans are feeling the strain of soaring mortgage rates and rents, which he attributes to unchecked interest rate increases under Federal Reserve Chairman Jerome Powell. Hassett stated on “Sunday Briefing” that the primary housing affordability issue is tied to these high rates, […]