Posts Tagged "Fed chair"

Fed Chair Powell’s interview

Posted By Darren Winters on Mar 15, 2019

Fed Chair Powell’s interview on “60 Minutes” could have been a counter move to restore faith in Fed policy following unprecedented public criticism from US president Trump who labeled the Fed “crazy” in December due to its interest rate hike path. Global populist movements energized by populist leaders could be the Fed’s greatest risk. So while rising populism with its catchy chant to “end the Fed” was not mentioned at all...

Fed Chair Powell’s Dovish stance

Posted By Darren Winters on Nov 30, 2018

Fed Chair Powell’s Dovish stance was predictably on the cards in a backdrop of a slowing global economy, diminishing liquidity condition and a downgrade of corporate credit. It was all in the 2nd part of Fed chair Powell’s speech where he said rates “remain just below the broad range of estimates of the level that would be neutral for the economy”. Fed Chair Powell’s Dovish stance was interpreted by the market that...

Fed chair’s higher loyalty

Posted By Darren Winters on Oct 13, 2018

The Fed chair’s higher loyalty goes beyond the elected person sitting behind the desk in the first oval office. The Fed is not a public institution, it is a private corporation with secret shareholders. So the Fed chair’s main objective will be to implement monetary policy that upholds, fortifies the wealth, power and influence of the Fed’s shareholders. The Fed chair’s higher loyalty is to its oligarch...