All Articles on Federal Reserve

News
Bernie Sanders Calls Fed Rate Hike Bad News for Working Families
Economists, warning of impact to low wage workers, said rate increase is a 'mistake'
Read more
Views
Fed Rate Hike Is the Wrong Move
The Fed's decision to raise interest rates today is an unfortunate move in the wrong direction. In setting interest rate policy the Fed must decide whether the economy is at risk of having too few or too many jobs, with the latter being determined by the extent to which its current rate of job...
Read more
Views
Hang Onto Your Wallets: Negative Interest, the War on Cash, and the $10 Trillion Bail-in
In uncertain times, “cash is king,” but central bankers are systematically moving to eliminate that option. Is it really about stimulating the economy? Or is there some deeper, darker threat afoot?
Read more
Views
An Open Letter To Chairwoman Yellen From the Savers of America
Dear Chairwoman Janet Yellen: We are a group of humble savers in traditional bank savings and money market accounts who are frustrated because, like millions of other Americans over the past six years, we are getting near zero interest . We want to know why the Federal Reserve, funded and heavily...
Read more
Views
Time for the Nuclear Option: Raining Money on Main Street
Predictions are that we will soon be seeing the “nuclear option” — central bank-created money injected directly into the real economy. All other options having failed, governments will be reduced to issuing money outright to cover budget deficits. So warns a September 18 article on ZeroHedge titled...
Read more
Views
The Fed Gets It Right. Now Let’s Move to Full Employment
Hours before the Federal Reserve was to announce whether it would increase interest rates, several dozen protesters gathered outside Federal Reserve offices in downtown Washington to demand that the Fed keep interest rates where they are, arguing that the economy as they experience it has yet to...
Read more
News
Avoiding 'Regressive Mistake,' Fed Holds Off on Rate Hike — For Now
'A higher interest rate means that fewer jobs will be created, and that the wages of workers at the bottom will remain too low to live on.'
Read more
Views
If the Fed Raises the Interest Rate, I’m One of the Americans Who Will Lose
When I worked my way through college with a job at Chipotle, I often worked a so-called "clopen shift." I was closing the store I managed at 2 a.m. and returning to open the restaurant at 6 a.m. The work schedule didn't leave much time for sleep, let alone schoolwork. But with graduation around the...
Read more
News
Fed Up With Being Shut Out of Federal Reserve, Activists Descend on Summit
"For the past 45 years the Federal Reserve has set policy that privileges the voices and needs of corporate elites rather than those of America's working families."
Read more
Views
In Troubled Times, the Federal Reserve Must Work for Everyone
It’s been a chaotic few days for the world’s markets. Recent events do not paint the picture of a stable economy guided by rational minds. Instead, the world of global finance looks more like a playground in need of adult supervision. Like other nations, we have a central bank. What should the...
Read more

Pages