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Economic Data Does Not Support a Fed Rate Cut
The Federal Open Market Committee (FOMC) will meet this week to deliberate on changing the target for the federal funds rate (FFR), the main policy rate used to affect economy-wide changes. After a series of poor employment reports, betting markets and business media expect a rate cut, with a 25 basis point decrease the most likely outcome. However, last week’s inflation report shows that prices are increasing much faster than the Fed’s 2 percent target, indicating real concerns of a supply shock that has caused both inflated prices and unemployment. In such situations, guidance for monetary policy is ambiguous, ... (full story)
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“Too Late” MUST CUT INTEREST RATES, NOW, AND BIGGER THAN HE HAD IN MIND. HOUSING WILL SOAR!!! President DJT
From channelnewsasia.com | Sep 15, 2025
The US Senate on Monday (Sep 15) narrowly confirmed Stephen Miran to the Federal Reserve's Board of Governors, expanding President Donald Trump's influence over the world's most important central bank and handing his top economic adviser one of 12 interest-rate-setting votes on the eve of a key policy meeting. The 48-47, largely party-line vote in the ...
*SENATE CONFIRMS MIRAN TO FED IN TIME FOR INTEREST RATE MEETING The Senate confirmed CEA Chair Stephen Miran to a seat on the Fed’s board. The vote was 48-47. Republican Sen. Lisa Murkowski voted no. Miran's unwillingness to resign his White House job raised her concern about compromising Fed independence: “It’s all about appearances.”
