36 min listen
Episode 115 Jay Powell Puts Out Pivot Talk Fire (and not with water)
Episode 115 Jay Powell Puts Out Pivot Talk Fire (and not with water)
ratings:
Length:
37 minutes
Released:
Aug 29, 2022
Format:
Podcast episode
Description
Summary:
U.S. equity markets rebounded this summer amidst speculation Jay Powell had signaled a “pivot” to a less hawkish monetary policy. On Friday, he quashed speculation interest rate policy would moderate anytime soon. But is the Fed really tightening?
Links:
https://www.federalreserve.gov/newsevents/speech/powell20220826a.htm (Jay Powell’s Speech at Jackson Hole, WY Aug. 26, 2022 (transcript))
https://www.federalreserve.gov/newsevents/pressreleases/monetary20220504b.htm (Plans for Reducing the Size of the Federal Reserve's Balance Sheet (May 4, 2022))
https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm (Recent Balance Sheet Trends (Federal Reserve Balance Sheet))
https://fred.stlouisfed.org/series/RRPONTSYD/ (Overnight Reverse Repurchase Agreements: Treasury Securities Sold by the Federal Reserve in the Temporary Open Market Operations)
Free Gift from Tom:
Download a free copy of Tom's new e-book, It’s the Fed, Stupid, at https://forms.aweber.com/form/87/2092395087.html (itsthefedstupid.com).
It’s also available in paperback https://amzn.to/3HTYSYh (here).
It’s priced at a pre-hyperinflation level so grab a few copies for friends if you can.
It makes a great introduction to the government’s most economically damaging institution for liberals, conservatives, libertarians, socialists, and independents alike.
Get even more great content by becoming a Tom Mullen Talks Freedom Supporter at https://tommullentalksfreedom.com/support/ (tommullentalksfreedom.com/support). You can sign up there for either https://www.patreon.com/tommullentalksfreedom (my Patreon) or https://tommullen.substack.com/ (my Substack).
Like the music on Tom Mullen Talks Freedom? You can hear more at https://skepticsongs.com/ (tommullensings.com)!
U.S. equity markets rebounded this summer amidst speculation Jay Powell had signaled a “pivot” to a less hawkish monetary policy. On Friday, he quashed speculation interest rate policy would moderate anytime soon. But is the Fed really tightening?
Links:
https://www.federalreserve.gov/newsevents/speech/powell20220826a.htm (Jay Powell’s Speech at Jackson Hole, WY Aug. 26, 2022 (transcript))
https://www.federalreserve.gov/newsevents/pressreleases/monetary20220504b.htm (Plans for Reducing the Size of the Federal Reserve's Balance Sheet (May 4, 2022))
https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm (Recent Balance Sheet Trends (Federal Reserve Balance Sheet))
https://fred.stlouisfed.org/series/RRPONTSYD/ (Overnight Reverse Repurchase Agreements: Treasury Securities Sold by the Federal Reserve in the Temporary Open Market Operations)
Free Gift from Tom:
Download a free copy of Tom's new e-book, It’s the Fed, Stupid, at https://forms.aweber.com/form/87/2092395087.html (itsthefedstupid.com).
It’s also available in paperback https://amzn.to/3HTYSYh (here).
It’s priced at a pre-hyperinflation level so grab a few copies for friends if you can.
It makes a great introduction to the government’s most economically damaging institution for liberals, conservatives, libertarians, socialists, and independents alike.
Get even more great content by becoming a Tom Mullen Talks Freedom Supporter at https://tommullentalksfreedom.com/support/ (tommullentalksfreedom.com/support). You can sign up there for either https://www.patreon.com/tommullentalksfreedom (my Patreon) or https://tommullen.substack.com/ (my Substack).
Like the music on Tom Mullen Talks Freedom? You can hear more at https://skepticsongs.com/ (tommullensings.com)!
Released:
Aug 29, 2022
Format:
Podcast episode
Titles in the series (100)
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