This week, the Federal Reserve will be in the spotlight as markets digest where the central bank stands on this rate-cutting cycle. A CNBC survey of economists and money managers showed 80 percent of respondents anticipate another interest rate cut in October,
Today, gold surged to a six-year high following signals from the Federal Reserve that rate cuts could be coming as soon as next month. While some believe that a more dovish Fed would be bullish for economic growth, the recent spike in
Last week, President Trump released a budget plan that was widely praised by conservatives for reining in future spending. However, buried near the back of the budget (page 51) is one item in need of further attention — the Trump administration’s interest
George Gilder is most recently the author the ground breaking The Scandal of Money: Why Wall Street Recovers but the Economy Never Does. He is a founding fellow of the Discovery Institute and a senior fellow at the American Principles Project, which sponsored
I’m fed up with the Fed too, with its chronic policy failures. A lot of evidence shows the Federal Reserve to be a prime cause of lackluster job growth and sluggishness in wage increases. That said, sometimes a cure is worse than
On Monday, Donald Trump stated what is essentially a fact to anyone who follows financial markets — the Federal Reserve has created a “false economy” that has artificially inflated the stock market. Via Reuters: “They’re keeping the rates down so that everything else
George Gilder, author of The Scandal of Money: Why Wall Street Recovers but the Economy Never Does, recently joined Dawn Bennett on her radio show “Financial Myth Busting” to discuss the continuing economic challenges facing the U.S. and how to overcome them.
CNN recently reported on GOP presidential front runner Donald Trump’s stance(s) about the Fed: [J]ust two days ago, Trump tweeted that he thinks the Fed should be audited. This is something that fellow Republican candidate Ted Cruz supports as well as former