FED – Cuts interest rates by 0.25% to a range of 4.25% to 4.50% – Forecast for two 0.25% cuts in 2025 December 19, 2024 The Federal Reserve (Fed) cut interest rates by 25 basis points to a range of 4.25% to 4.50%, confirming forecasts. At the same time,…
High borrowing costs are biting Russian businesses December 13, 2024 US restrictions imposed in June to undermine the Kremlin have put local banks in countries that trade with Russia at higher risk of so-called…
EU will suffer a loss of 260 billion from Trump tariffs – Markets crash from -15% to -20% November 28, 2024 If Donald Trump follows through on his promises and imposes tariffs on European goods imported into the US, then the continent will truly be…
The dollar is not money but credit – The Ponzi scheme and the road to collapse November 28, 2024 With widening budget deficits, rising debt, and interest payments that can only be serviced by issuing a currency of decreasing value, the dollar can…
Bets against the euro-dollar parity are increasing dangerously October 24, 2024 Anticipation of the risk of the euro slipping against the dollar is rising in financial markets after last week’s rate cut and the scenario…
Cutting interest rates early will cause hyperinflation October 3, 2024 The Federal Reserve’s recent decision to cut the federal funds rate by 50 basis points to a range of 4.75% to 5%, despite inflation…
Cutting Interest rates is a path full of Landmines September 19, 2024 In a reduction in policy interest rates – for the first time in 4 years – by 50 bp. in the range of 4.75%…
Bank of Canada: Third consecutive rate cut September 5, 2024 The Bank of Canada proceeded with its third consecutive reduction in interest rates. Its prime lending rate fell to 4.25%. The 25 basis point…
“Monetary policy” – the tool for elites to win by controlling the Economy July 11, 2024 In the cases over the decades where Modern Monetary Theory (MMT) has been applied, not a few have been spent reacting to the relevant…