monetary stimulus

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Federal Reserve Hikes Rate by 25bps to Keep Inflation at Bay, Aims for 2% Inflation Rate by 2025

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Following the fallout over the past two weeks in the U.S. banking industry, the Federal Reserve raised the federal funds rate by 25 basis points (bps) on Wednesday, citing the need for the inflation rate to return to 2% over the long run. Fed Raises Rate Despite Calamity in the U.S. Banking Sector […] Go … Read more

AOC, Pressley, Tlaib ‘Urge’ Biden to Replace Fed Chair With Someone Willing to Address ‘Climate Change’

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All the recent money creation from the Federal Reserve wasn’t enough, according to a few American bureaucrats, as three politicians from the House Financial Services Committee are urging U.S. president Biden to replace Fed chairman Jerome Powell with someone who will address “climate risk.” AOC, Tlaib, Pressley: ‘Climate Change Is a Warning of the Potential … Read more