President Trump recently issued an executive order instructing the US Mint to stop producing pennies. The reason for this is it costs nearly four cents to produce one penny. That’s right: the US government can’t even make pennies without losing money! President Trump may have signed the death certificate, but the Federal Reserve is the penny’s true killer. Since the Fed’s creation, the US dollar has lost over 97 percent of its value!

The Federal Reserve is poised to cut its key interest rate Wednesday, the first time since the onset of the Covid-19 pandemic that it has pushed it lower.

US hiring fell short of forecasts in August after downward revisions to the prior two months, a development likely to fuel ongoing debate over how much the Federal Reserve should cut interest rates.

Every first Friday of this year (here, here and here) we have spent hours deconstructing the glaring propaganda peddled by Biden's Labor Department, meant to show just one thing - how "strong" the economy is under the current administration - and exposing just how ugly the underlying labor data truly is. Last Friday's nonfarm payrolls was the most recent case in point: for those who didn't read our extended analysis titled "Inside The Most Ridiculous Jobs Report In Years", which dissected the laughable claim that the US added 272K payrolls (more than the highest estimate), here is what we found.

Inflation showed little signs of letting up in March, with a key barometer the Federal Reserve watches closely showing that price pressures remain elevated.

Inflation ran hot for a third straight month in March, raising questions about when the Federal Reserve will feel confident that price pressures are subdued and it can begin cutting interest rates.

Weeks after Federal Reserve Chairman Jerome Powell evaded a sitting congressman’s questions about the central bank’s foreign gold holdings, the Fed has also declined to comply with a Freedom of Information Act request for records about such holdings.

The Fed (US Federal Reserve, the central bank) does not appear to be one of those institutions whose word you could, so to speak – take to the bank.

Across the United States, many people are eagerly anticipating the Federal Reserve’s first cut to its benchmark interest rate this year: Prospective home buyers hope for lower mortgage rates. Wall Street traders envision higher stock prices. Consumers are looking for a break on credit card debt at record-high interest rates.

WASHINGTON (AP) — The Federal Reserve kept its key interest rate unchanged Wednesday for a third straight time, and its officials signaled that they expect to make three quarter-point cuts to their benchmark rate next year.

Money supply growth fell again in October, remaining deep in negative territory after turning negative in November 2022 for the first time in twenty-eight years. October's drop continues a steep downward trend from the unprecedented highs experienced during much of the past two years.

Could it be that symbols of monetary reform were embedded in the most beloved children's story of all time, The Wonderful Wizard of Oz? Could it be that these symbols point the way out of our economic troubles today?

The concept of Central Bank Digital Currency (CBDC) – the opposite of decentralized crypto – whose purpose can be summed up as a way to keep financial power firmly cemented in the hands of governments and their central banks in the digital age, unsurprisingly has a staunch supporter in the International Monetary Fund (IMF).

Last week the House passed legislation increasing the debt ceiling. The bill was supported by all but four Republicans. For some Republicans, this was the first time they had ever voted for a debt ceiling increase. Perhaps the reason they did so this time was because the legislation also promised to reduce federal spending by $4.5 trillion over the next decade. Most of those spending reductions are achieved by rolling back Fiscal Year spending to 2022 levels and then limiting increases in spending to one percent for the next ten years. The bill also returns unspent COVID relief money to the US Treasury and eliminates President Biden’s student loan forgiveness programs.

Federal Reserve economists believe that recent banking turmoil will trigger a mild recession later this year, a potentially ominous sign for President Joe Biden as he heads into an election campaign.

A Federal Reserve white paper has come up with a new function for money. Let's tune in.

WASHINGTON — The Federal Reserve on Wednesday enacted a quarter percentage point interest rate increase, expressing caution about the recent banking crisis and indicating that hikes are nearing an end.

All eyes in the financial and economic world will be laser-focused Wednesday on the Federal Reserve as Chair Jerome Powell tries to balance his fight against inflation against a sudden banking crisis.

Treasury Secretary Janet Yellen said Tuesday the government is ready to provide further guarantees of deposits if the banking crisis worsens.

The Federal Reserve and five other central banks announced coordinated action Sunday to boost liquidity in US dollar swap arrangements, the latest effort by policymakers to ease growing strains in the global financial system.