U.S. Fed holds interest rate again in 1st move under new chair
https://fed.brid.gy/r/https://globalnews.ca/news/11910124/us-federal-reserve-interest-rate-june/
U.S. Fed holds interest rate again in 1st move under new chair
https://fed.brid.gy/r/https://globalnews.ca/news/11910124/us-federal-reserve-interest-rate-june/
Kevin Warsh sworn in as U.S. Fed chair facing inflation, policy pressures
Divided U.S. Fed keeps interest rate unchanged but hints at future cut
https://fed.brid.gy/r/https://globalnews.ca/news/11822691/us-fed-interest-rate-decision-april-2026/
This has got to have a bunch of the elites in banking, politics, and the rest of the corrupt moneyed establishment shaking in their boots, as they say.
In short: the USA has enjoyed a privileged position since the end of WWII, because the #US #dollar has been the de-facto standard international #currency. Not just for trade, but as a reserve as well. Other countries buy US-issued government #bonds by the absolute truckload, and it lets the US spend far above its income without triggering the #hyperinflation you see when another country does that by printing money (see: Zimbabwe).
The foundation of that international currency choice is the oil trade. Pretty much every oil transaction between parties in different countries uses US dollars, hence the "petrodollar' name.
#Chinese yuan becoming an alternate global reserve and trading currency has been a worry for the US for some years now. Oil transactions happening in #yuan could make it happen in a big way.
And then the dominoes might start falling. I'd say "popcorn time", but the collateral damage to the US #economy collapsing will have huge consequences for us all.
#GovernmentBonds #USBonds #ReserveCurrency #USFederalReserve #USPol #Iran
: #delusionaldon #democrats #donaldthehoaxtrump #eightysix47 #federalreserve #nokings #pambondi #trumpstein #trumpsteincoverup #usfederalreserve #uspol #uspolitics :
USE OF THE UNITED STATES "JUSTICE" DEPARTMENT AS A WEAPON AGAINST THOSE WHO DISAGREE WITH THE PRESIDENT
GRAND JURY SUBPOENAS ISSUED AGAINST THE FEDERAL RESERVE
Mastodon Post
https://www.facebook.com/share/v/1B8peDZ2LW/
Pam Bondi must be impeached and removed from office and she ought to be disbarred.
The Trump Department of Justice opened a criminal investigation into Jerome Powell and the Federal Reserve. Fed Chair Jerome Powell released this video statement blasting the Trump administration’s...
The U.S. Federal Reserve cut interest rates by 25 basis points to boost employment conditions in America. Recent indicators suggest that growth of economic activity moderated in the first half of the year...
https://dmarketforces.com/u-s-fed-cuts-rates-by-25bps-to-support-maximum-employment/