Recently, the U.S. Senate approved President Obama’s nominees for the Federal Reserve’s Board of Governors with Stanley Fischer, Lael Brainard and Jerome Powell, who are reported by the Washington Post to decide the fate of the U.S. economy this month. Fischer is a former governor of the Bank of Israel, Brainard is a former U.S. […]
The Federal Reserve confab that starts on Tuesday and ends on Wednesday this week will have Janet Yellen at the helm for the first time. Here’s an overview of what investors can expect from the upcoming get-together of the Federal Reserve board members. Economic data released in recent weeks looked weak but the Fed will most […]
On December 23, 2013, the Federal Reserve System will celebrate 100 years of centralized banking and printing funny money. The creation of the Fed marked the beginning of America’s rampant inflation rate. For the first 125 years of American independence, inflation of any significance did not occur. What $1.00 purchased in 1789 could be had […]
