Billionaire hedge fund manager Steve Cohen said Wednesday that it will be difficult for the Federal Reserve to get inflation back down to its 2% goal. “The Fed thinks it’s eventually going to come down to a […]
In a recent CNN poll, 48 percent of respondents stated that they believe the economy remains in a downturn, and only 35 percent said that things in the country today are going well. The disparity […]
Biggest Drunken Sailors of all. Average interest rate on the Treasury debt spiked but is still only half of what it was in 2001. By Wolf Richter for WOLF STREET. Interest payments as a percent of tax receipts is […]
By Wolf Richter for WOLF STREET. The core PCE price index, the inflation index that the Fed is focused on and refers to all the time, was revised up today for January to an annualized month-to-month growth rate […]
The EU never enforced its Growth and Stability Pact or Maastricht Treaty rules. The crisis is coming to a head with France and Italy in the spotlight. The first casualty will be Green policy. Compliance […]
We’ve been pointing it out for so long – in fact, for most of our 15 years in existence – that it has become more of a chore than actual reporting, especially since the “number only go […]
Several European countries will hold elections this year, with economic conditions and the Russia-Ukraine war dominating discussions. Slovakia, Lithuania and Romania will elect presidents; Lithuania and Romania will also elect parliaments, as will Belgium, Croatia […]
In 2010, the now German minister of the economy Robert Habeck wrote, in his book published that year, that “patriotism, love of country, that makes me want to vomit”. This was a typical sentiment among the Greens […]
Reserves, Domestic ON RRPs, Currency in Circulation, the TGA, and official foreign RRPs determine how far QT can go. By Wolf Richter for WOLF STREET. The Fed has been talking a lot about its liabilities recently, including Powell […]
Turkey’s central bank lifted its main rate to 50% as it continues its effort to bring runaway inflation back into line. The central bank increased its rate to 50% from 45%, a move that sent […]
Copyright © 2026 | Sandstone Group