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Watch Live: Fed Chair Warsh Explains 'Hawkish' Hold
Watch Live: Fed Chair Warsh Explains 'Hawkish' Hold
Having delivered the biggest "non-cut" surprise to markets in decades - by holding rates unchanged (markets were pricing a 35% chance of a hike) - and given Warsh’s distaste for forward guidance, he is unlikely to offer any clearer signals during the press conference.
Bear in mind that since 2015, traders have foreseen the Fed’s ultimate rate decision with an average error of 2.4 basis points the day before the central bank’s announcement, according to a note from Ian Lyngen, head of US rates...
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Jun 1, 2026 / Tyler Durden
Ron Paul: The Federal Reserve Is Why The People Are Unhappy
Ron Paul: The Federal Reserve Is Why The People Are Unhappy
Authored by Ron Paul via The Ron Paul Institute for Peace & Prosperity,
According to the University of Michigan’s latest Index of Consumer Sentiment, a record number of Americans have negative views of the economy. This is yet more evidence that the American people are dissatisfied with their economic condition. Some commentators have claimed to be perplexed by the people’s negative views of the economy since government statistics show that most Americans have good jobs that pay them good salaries.
One...
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Aug 1, 2026 / Tyler Durden
Man Kidnaps Former Investment Partner, Stuffs Him In Trunk, Shoots Him, Then Gets Shot By Cops
Man Kidnaps Former Investment Partner, Stuffs Him In Trunk, Shoots Him, Then Gets Shot By Cops
Authored by Arthur Zhang via The Epoch Times,
Two Chinese men have been identified as suspects in the shooting and kidnapping of a Chino Hills resident who was later found mortally wounded in the trunk of their vehicle after one suspect fired into it during a police stop, the San Bernardino County Sheriff's Department said in a July 31 statement to The Epoch Times.
A home on the street in Chino Hills, Calif., where the shooting...
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Apr 6, 2026 / Tyler Durden
Trump Threatens To 'Take Out Entire Country Of Iran' Tomorrow Night, Demands 'Free Traffic Of Oil' In Hormuz
Trump Threatens To 'Take Out Entire Country Of Iran' Tomorrow Night, Demands 'Free Traffic Of Oil' In Hormuz
Summary:
Trump threatens "Iran can be taken out in one night... maybe tomorrow"; Warns 'every bridge and power plant' will be destroyed
WSJ reports US military is making preparations for potential strikes on energy targets in Iran
A Sunday night Axios report on a US-proposed 45-day ceasefire has by Monday morning been rejected by Iran, which later on Monday issued a 10-point letter via Pakistan.
Israel strikes large petrochemical plant at South Pars, which is responsible for...
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