The Federal Reserve has signaled that there will be no interest rate cuts in the immediate future, particularly not by March. This forecast aligns with the inflation model predictions, which suggest a stall in the declining inflation rate.
The Federal Open Market Committee (FOMC) meeting in January projected a surprising hawkish stance, especially in light of the previous December meeting, which signaled a more dovish approach. This shift in tone has significant implications for the market and future monetary policy.
The Federal Reserve (Fed) has announced the shutdown of its Bank Term Funding Program (BTFP), an emergency tool created during the banking crisis of the previous year.
This week, the Federal Reserve (Fed) adjusted its Bond Term Funding Program (BTFP), established in March 2023 post the regional banking crisis, to prevent banks from exploiting an arbitrage opportunity.
In a striking revelation that has economic experts and policymakers alike concerned, the Federal Reserve has reported a staggering operating loss of $114 billion for the year—an unprecedented event that marks the largest loss in the institution's history.
The implications of this ballooning debt are dire. During the 2008 financial crisis, the national debt was a third of its current size, with the government incurring over $1 billion daily in interest. Today, that figure has tripled to $3 billion per day.
A policy pivot, defined as the transition from raising interest rates to lower them, coupled with the injection of liquidity into the economy through quantitative easing, has sparked a debate on its implications for the job market and individual retirement accounts.
Steve Eisman shares his insights on market fundamentals versus investor sentiment, the banking sector's investability, the impact of generative AI on the stock market, and the looming concerns of US debt.
