I agree with Kaufmann. FED dont have the guts to do "whatever it takes" when the medicine hurts. Only when whatever it takes to boost the markets we can rely on them. The street smelled that a long time ago. Hence buying buying buying (:

Biden to nominate Sarah Bloom Raskin as vice chair for supervision at Fed; Lisa Cook and...

It bites when prices go up heavily and salaries dont follow suit.

US Retail Sales slide by 1.9% in December vs. 0.1% expected decline

They are just trapping you.. but try not to fight it unless you have really big pockets

Mester: We've moved from pandemic driven inflation to something broader

Feel sorry for hard working average joe who got 15% poorer and FED acting like they care but in reality dont give a flying... about the average people. In a time where corpirations are maxing out FED is still printing and pumpning money into the ...

Consumer Price Index - December 2021

Inflation under control @7%? You from Zimbabwe?

Consumer Price Index - December 2021

But for US mostly debt

Powell: Balance sheet at $9tln is 'far above where it needs to be'

Living on Credit. Takingca lian is not necessarily a bad thing. But when loans funds either day to day living or an extraordinary lige style it tells a story. None if those stories will have a happy ending.

Shocking Consumer Credit Numbers: US Credit Card Debt Soars Most On Record With Savings Long...

I am just so happy that we have placed solid and well known econimic scholars and capabilities like Lagarde to handle the EU economy. What can possibly go wrong ((:

Euro area annual inflation up to 5.0%

There are more greenbacks than toiletpaper in the world.

US Dollar Celebrates 2022 With Gains Amid Positive New Year Mood

Only Chinatown and a few other status can operate a zero policy effectivily. And thanks a lot for that.

China Dec factory activity unexpectedly accelerates - official PMI

Best Christmas joke!

Pound US Dollar Exchange Rate Subdued amid Soaring Covid-19 Cases

As a senior tax lawyer I worked with many of the largest corporations in the world. I also came across many CEO's and CFO's. Some of them awere truly smart people. But I can honestly say that many times its not the CEO or the CFO creating the value.

Minimum wage is about to rise in 21 states, 35 localities as more embrace $15 an hour

I still miss statistics showing the well being (or not) of everybody else who is locked down, families, elder people who can not see their grand kids and kids who miss out on years of socialising. There is all too much focus on Covid and too little ...

Experts call for a halt to reopening plans amid a ‘rapid escalation’ of COVID-19 case numbers...

She doesnt really have a choice does she? Inflation is booming and it would normally be a no-brainer to dampen it. If she does so through a hike the southern EU members want be able to pay off their debt. And since all EU members are now liable for ...

ECB's President Lagarde: for most of 2022, inflation will be above 2%

It will be the end of the EUR era if she doesnt watch carefully..

Monetary policy decisions

Still he is not able to explain when full employment is reached or which criteria must be met. Its a gut feeling.

Fed Chair Powell: Expects To Leave Rates At Zero Until The US Reaches Full Employment, Which...

its obvious. when things cost twice as much ppl dont keep spending

US: Retail Sales rose by 0.3% MoM in November versus 0.8% expected rise

Powell has proven to be a decent trader as well. Didnt he capitalize on the Covid

Rising Inflation Widespread Globally, but US Stands Out

I dont buy in to the conspiracy that FED and other policy makers refrain from doing that is necessary because of own interest. I agree that something probably need to be done and should have been long ago. But personally I think its not done because ...

Rising Inflation Widespread Globally, but US Stands Out

I think the initial idea of lowering the interest and bring it to zero on the back of the financial crisis was not neccesarily a bad idea. The problem is that the interest rates stayed there for way tooooo loooong time and the negative side effects ...

Consumer price inflation, UK: November 2021