Fed Needs Mortgage-Backed Securities Exit Plan ‘Earlier Than Later,’ George Says

Fed Needs Mortgage-Backed Securities Exit Plan ‘Earlier Than Later,’ George Says

Kansas City Federal Reserve President Esther George has urged her colleagues to come to terms...

Digital Euro Will Never Be Programmable, ECB’s Panetta Says

Some observers have touted restrictions on how people can spend their money as an advantage...

CBDCs Could 'Revolutionize Global Financial Systems': Bank of America

A Bank of America analysis heralds “the most significant technological advancement in the history of...

World On Brink Of WW3 Due To West Escalating, Medvedev Warns

Days after he warned NATO of the likelihood of nuclear war if Russia is defeated...

United States Yield Curve 3M10Y Most Inverted In 30+ Years! (But Other Assets Signaling Cooling Odds Of Recession)

The first headline I saw when I turned on Bloomberg.com was “DOJ Officials Find More...

The Secret Panel? US Yield Curve Inversion, CDS Default Price, SOFR Signals More Rate Increases Then Rate Cuts

Ah, the start of a new week with Treasury Secretary Janet Yellen arguing (with a...

The Final GDPNow Forecast for 2022 Q4, What Does It Say About Recession?

Real Final Sales is the true bottom line performance for the quarter. The difference between...

One and Done for Fed Rate Hikes in 2023?

The market says it’s odd-on for the Fed to cut rates later this year. So...

US Extends 101st Airborne Deployment in Southeastern Romania

The Pentagon has decided to extend a troop deployment in southeast Romania, which is part...

Russia Warns Countries Supplying Ukraine With More Powerful Weapons Risk Their Own Destruction

The speaker of Russia’s parliament warned Sunday that countries supplying Ukraine with more powerful weapons...

The Wolf Street Report: What’s Behind the Mass Layoffs in Tech & Social Media

Drunk with Easy Money, companies were hogging office space and workers for a future that...

A Better Definition of Money and Lacy Hunt's Thoughts on When a Recession Will Start

Milton Friedman postulated that MV = PT, where M is money supply, V is velocity,...

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