The Federal Reserve Board Building on Constitution Avenue in Washington on March 27, 2019. (Brendan McDermid/Reuters) Commentary
Last week, the Fed was handed an unexpected gift as first-time jobless claims fell to the lowest level since 1969, which gives the Federal Reserve the green light to continue tapering its $120 billion monthly purchases of U.S. Treasury and mortgage-backed securities. Given the Fed’s dual mandate of maximum employment and stable prices, low unemployment claims along with a low unemployment rate allow the Fed to focus on combating inflation .
To fight inflation, the Fed only has two policy tools. The Fed […]
The Biden Regime and Globalists Don’t Want You Owning Precious Metals
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