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Steve Forbes says that central banks should stabilize currencies instead of focusing on interest rate hikes and depressing the economy to fight inflation. ....
Defense. this as a caravan of 2,000 more migrants barrels towards the border. a top contender to be biden s federal reserve chairperson refuses to say if she is a capitalist or a socialist back in 2019. are you a capitalist or socialist? again, you know, i don t really think about it in those terms. rachel: i guess you know the answer to that now. lail braynard currently deserves as the reserve board of governors. she is a contender to take her chair jerome powell s job. president biden is expected to make a final decision soon. well, she won t be the only communist that he has nominated to oversee some of our financial matters, here you go. lawrence: business as usual. will: democrats are yesterday to spend big but $1.7 trillion plan may be even more expensive than they are revealing. brian brenberg breaks down the hidden costs. ....
7 Surprising Facts about Janet Yellen 2021-05-14 15:00:00 Richard Snow, Markets Writer Janet Yellen, probably the most qualified Fed Chair in history, has been voted the most influential person in the world, married a Nobel Prize winning economist and has an impressive stamp collection, too. She is a leader among women in finance blazing new trails. Below are seven surprising facts about the US Treasury Secretary, Janet Yellen. 1. Most Qualified Federal Reserve Chairperson in its History Janet Yellen has received numerous accolades and achievements, both academic and as a result of positions she held over her career, that we could not possibly do them justice here. However, some of her more notable achievements are listed below: ....
5/5/2021 5:04:24 AM GMT Treasury Secretary (and former Federal Reserve Chairperson) Janet Yellen perhaps wished she had used less Extreme words last night. Ms Yellen stated that interest rates may have to rise to prevent the economy from overheating. However, she couched that by saying the additional government spending was small relative to the size of the economy. The retreat continued later in the day, with Ms Yellen saying a rise in interest rates was not something she was predicting or anticipating, but the damage was done. Ms Yellen may have been saying to the markets, I love you, but they replied, not the words I want to hear from you. The tech-heavy Nasdaq slumped nearly 2.0%; the S&P 500 fell 0.80%, with only the Dow Jones catching some cyclical rotation and keeping its head above water. The US Dollar spiked higher, and gold fell, but interestingly we can see where all the equity money got parked as US yields actually retreated. ....