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Calamity Jay Powell Ditches Transitory Inflation Tag, Paves Way for Rate Hike (Compare To Volcker’s Record)

December 1, 2021 2:12 pm

by confoundedinterest17 Calamity Jay Powell is no longer mentioning “transitory” when it comes to inflation, but does Powell and the FOMC have the moxie to ACTUALLY raise rates more than a smidge?? (Bloomberg) — Team Transitory is throwing in the towel. …

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BRUSSELS REJECTS ITALY BUDGET, PAVES WAY FOR SANCTIONS

November 21, 2018 9:58 am

The European Union took the first step on Wednesday toward fining Italy after ruling that Rome’s spending drive violates the bloc’s fiscal rules. In a report on Italy’s debt, the European Commission said that it has rejected the Italian government’s …

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$1.3 Trillion spending bill paves way for 5G

March 25, 2018 4:11 pm

No one is really talking about any of the details in this massive spending bill, and since 5G is moving ahead at breakneck speed with total bipartisan support, raising awareness is important. Combined with the CLOUD act – also snuck …

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