The Fed's Goose That Stopped Laying Golden Eggs
U.S. inflation, which has resulted from the Federal Reserve’s excess creation of money in 2020-21, is still with us. Now, we are just starting to see another negative consequence of the Fed’s hasty response to the Covid crisis. The Federal Reserve System is currently racking up substantial losses. Source link
Oil falls but poised for biggest weekly gain since early Oct on China hopes
Oil fell on Friday as the market assessed the aftermath of interest rates hikes at central banks, but was poised for the biggest weekly gains in 10 weeks amid supply disruption concerns and hopes for a recovery of demand in China. Brent crude futures fell $1.80, or 2.2%, […]