Tag Archives: Federal Reserve

The Coming Fiscal Cliff – Jump!

Federal Reserve Chairman Ben Bernanke coined the term “fiscal cliff” to describe the situation which will begin in 2013 when income tax rates rise and federal spending declines. The non-partisan Congressional Budget Office (CBO) forecasts that a recession will likely occur under … Continue reading

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The Fed Strikes (out) Again!

The August 10, 2011 news headlines boldly announced – the Federal Reserve Bank (Fed) guaranteed super-low interest rates for two more years. What beliefs underlie such an historic declaration and what are the likely consequences?

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