The Fed circumvented the debt ceiling to borrow billions for failed banks | The Hill
https://thehill.com/opinion/finance/3908515-the-fed-circumvented-the-debt-ceiling-to-borrow-billions-for-failed-banks/ DOWN WITH #theFederalReserve
…they just jump right in there a swallow the wage/price #inflation fiction, and turn around and stomp on the interest rate pedal which blasts across all industries like a grenade (instead of a peashooter) on an ant pile. All of this benefits employers who are eager to shed warm bodies and pedal back wage gains.
How long is #theFederalReserve going to blatantly favor policies that punish working families and bolster greedy corporate entities?
Forever.
2/2
I just heard an #Economist on #NPR saying price inflation has put pressure on wages, which loops right back to higher prices. That’s a limited, misleading take. Other factors in pricing decisions include cost of raw materials, production efficiencies (productivity), competitor pricing, and (most of all), profitability. Businesses are leveraging-excuse me, using - wage increases as the sole dictator of price changes. You’d think #theFederalReserve would have a more nuanced take, but nope, …
1/x
#economist #npr #theFederalReserve
Bank With Crypto Companies at Own Risk, Warns Fed Top Regulator
https://beincrypto.com/fed-bank-with-crypto-companies-at-own-risk-warns-top-regulator/
#FinancialStabilityBoard(FSB) #TheFederalReserve(FED) #Cryptocurrency #MichaelBarr #liquidity #Markets
#FinancialStabilityBoard #theFederalReserve #cryptocurrency #MichaelBarr #Liquidity #markets
ARK Crypto Fund Sinks to New Lows; Get the Fed on the Phone, Says Cathie Wood
https://beincrypto.com/ark-crypto-fund-sinks-to-new-lows-get-the-fed-on-the-phone-says-cathie-wood/
#TheFederalReserve(FED) #USInterestRates #InflationUS #CryptoFund #ArkInvest #Markets
#theFederalReserve #USInterestRates #inflationus #cryptofund #ARKInvest #markets
Central Banks Will Always Be Source of Trust in Money, Says Fed Chair
https://beincrypto.com/central-banks-will-always-be-source-of-trust-in-money-fed-chairman/
#TheFederalReserve(FED) #FederalReserveCBDC #CentralBank #stablecoins #DeFiNews #Markets
#theFederalReserve #FederalReserveCBDC #centralbank #stablecoins #DeFiNews #markets
Last Week [in] Crypto: The Friday Roundup of the Week in News
https://beincrypto.com/last-week-in-crypto-the-friday-roundup-of-the-week-in-news-2/
#TheFederalReserve(FED) #MicroStrategy #stablecoins #TetherNews #Markets #Binance
#theFederalReserve #microstrategy #stablecoins #TetherNews #markets #binance
Fed Abandons Soft Landing and Switches Gears for ‘Growth Recession’
https://beincrypto.com/fed-abandons-soft-landing-and-switches-gears-for-growth-recession/
#TheFederalReserve(FED) #Growthrecession #JeromePowell #Softlanding #USRecession #Markets
#theFederalReserve #Growthrecession #jeromepowell #softlanding #usrecession #markets
Hawkish Fed Rhetoric Sinks Crypto Stocks
https://beincrypto.com/hawkish-fed-rhetoric-sinks-crypto-stocks/
#TheFederalReserve(FED) #FederalReserve #CryptoStocks #InflationUS #memecoins #Markets
#theFederalReserve #federalreserve #CryptoStocks #inflationus #memecoins #markets