6-18-24: The Data-Dependent Fed Relies on Deceptive Data to Meet its Misleading Mandates
by Gary Alexander June 18, 2024 In 1977, Congress created “dual mandates” for the Federal Reserve by amending the Federal Reserve Act to direct the Fed’s Open Market Committee to maintain the “growth of the monetary and credit aggregates commensurate with the...
6-18-24: Beware the Franco-German Spread
by Ivan Martchev June 18, 2024 Elections for the EU parliament are sending shock waves throughout financial markets in Europe. The national elections still matter more, when it comes to the politics of large EU countries, but the dismal performance of French President...