Despite acknowledging the Fed's steadfastness throughout the year, Damodaran highlighted that the ten-year Treasury bond rate has returned to its starting point of 3.88%, now standing at 3.95%, after all the fervent discussions about the Fed's actions.
In a recent conversation with Bloomberg, Jim Grant offered a compelling critique of the Federal Reserve's current posture, which appears to echo a premature declaration of "mission accomplished."
Key economic signals are being closely scrutinized for signs of impending recession.
Earlier today, Jerome Powell took to Capitol Hill to announce that the Federal Reserve will be holding rates where they are for the time being in an effort to get the inflation rate back toward its 2% target.
The Federal Reserve has opted to maintain its policy interest rate as it navigates the precarious path of cooling inflation without significantly increasing unemployment, according to Federal Reserve Chairman Jerome Powell.
As uncertainty looms over the global economy, the Federal Reserve faces a daunting challenge with its $8 trillion balance sheet, a repository of assets that could potentially strangle credit, skyrocket mortgage rates, and hasten an economic recession.
Inflation has left millions of Americans with no good choices, even when it comes to necessities like what to eat.
Incorporating bitcoin into Nigeria's financial strategies could set the country up for success in an ever evolving and increasingly volatile global financial landscape, promising long-term benefits and stability
As the calendars turn and we edge closer to 2024, the whispers of economic uncertainty grow louder.
Trying to simplify inflation is like trying to explain the entire plot of "Inception" in one sentence.
Those who don’t cut back on their Thanksgiving plans will have to cut back elsewhere in their budgets or turn to their credit cards for a lifeline.
By bending over and asking for regulatory clarity you are failing to meet your obligation as a US citizen to disobey the unjust laws enacted by a vile class.
How we got here is a lesson in excessive government spending.