Lean Geek

Tag: Fed

  • The Fed passes the buck on bank failures End-shutdown

    The Fed passes the buck on bank failures End-shutdown

    A certainty in politics is that the Federal Reserve will never accept responsibility for any financial problems. Fed Vice Chairman of Supervision Michael Barr played that game of self-exoneration Tuesday before the Senate when he blamed bankers and Congress for the failure of Silicon Valley Bank. This act is just amazing. No one disputes that […]

  • Fed minutes showed policymakers were still intent on easing inflation End-shutdown

    Fed minutes showed policymakers were still intent on easing inflation End-shutdown

    Federal Reserve officials believed they needed to do more to slow the economy and fight painfully fast inflation back under control as of their meeting earlier this month, minutes of the meeting showed. The notes, released on Wednesday, showed that “all participants” continued to believe rates needed to rise further, and that “many” thought monetary […]