Post by account_disabled on Mar 10, 2024 5:37:39 GMT -5
Withdrawal of monetary incentives is a cause of discontent among presidents and governments Former Fed Chairman Paul Walker once chose Jackson Hole as a meeting place for the world's top bankers because he really liked fishing. Fishing in summer. Not in winter. If you fall asleep while fishing in the winter, you can easily be part of the scenery. Ben Bernanke and Janet Yell tried hard to catch the sleeping markets during their visits to the complex, the markets, however, were catching any flavor of the changes in monetary policies. Whether it was an extension or an end to QE; or increases in the federal funds rate. LiteFinance: What the Fed will respond to criticism from the White House | Litefinance The next meeting in Jackson Hole is associated with the markets. Leading bankers will discuss their influence on countries' monetary policies. The issue is like which came first, the chicken or the egg. At first glance, central banks form economic cycles and cause markets to react to them.
However, history has witnessed many cases when market turmoil created problems and caused regulators to postpone making important decisions. For example, the Fed is made up of adults. And adults don't run away Bahamas Mobile Number List from problems. They prefer to lie down and rest. LiteFinance: What the Fed will respond to criticism from the White House | Litefinance The characteristic of the meeting is the contrast between the intentions of the central banks to abandon ultra-soft monetary policies, while the executive branch does not want it. The eurosceptic government in Italy insists on the extension of European QE, Donald Trump criticizes the president of the Fed for aggressive monetary restrictions. Really, who likes the proposition: "help yourself, take as many sweets as you want, several if you want"? The United States' quantitative easing program has ended, now it is Europe and Japan's turn, but presidents are going to demand monetary stimulus.
I have the feeling that there is a crisis, and that they are pursuing it. Just for sport. Hunting is a real sport, right? Especially when the bullets have run out, but the wild pig is still alive! LiteFinance: What the Fed will respond to criticism from the White House | Litefinance Investors have been discussing all week how Jerome Powell will respond to the US president's criticism. It was to Powell, not Janet Yellen, that Donald Trump once offered his hand and his heart while he believed the current Fed chair was more dovish than the previous one. Now, the President of the United States expresses his discontent over the aggressive increase in the federal funds rate and blames Powell for everything, although he fully realizes that he can save the marriage from divorce only if he does not appear at the wedding. The four-year contract suggests that the central bank president can do anything until the term expires. He even raises the federal funds rate five times a year. Powell can do nothing but excite compassion.
However, history has witnessed many cases when market turmoil created problems and caused regulators to postpone making important decisions. For example, the Fed is made up of adults. And adults don't run away Bahamas Mobile Number List from problems. They prefer to lie down and rest. LiteFinance: What the Fed will respond to criticism from the White House | Litefinance The characteristic of the meeting is the contrast between the intentions of the central banks to abandon ultra-soft monetary policies, while the executive branch does not want it. The eurosceptic government in Italy insists on the extension of European QE, Donald Trump criticizes the president of the Fed for aggressive monetary restrictions. Really, who likes the proposition: "help yourself, take as many sweets as you want, several if you want"? The United States' quantitative easing program has ended, now it is Europe and Japan's turn, but presidents are going to demand monetary stimulus.
I have the feeling that there is a crisis, and that they are pursuing it. Just for sport. Hunting is a real sport, right? Especially when the bullets have run out, but the wild pig is still alive! LiteFinance: What the Fed will respond to criticism from the White House | Litefinance Investors have been discussing all week how Jerome Powell will respond to the US president's criticism. It was to Powell, not Janet Yellen, that Donald Trump once offered his hand and his heart while he believed the current Fed chair was more dovish than the previous one. Now, the President of the United States expresses his discontent over the aggressive increase in the federal funds rate and blames Powell for everything, although he fully realizes that he can save the marriage from divorce only if he does not appear at the wedding. The four-year contract suggests that the central bank president can do anything until the term expires. He even raises the federal funds rate five times a year. Powell can do nothing but excite compassion.