With continued uncertainty in global markets, today a 50-year market veteran warned King World News that people should not believe the Western mainstream media because this crisis has now become incredibly dangerous. He also discussed the coming theft of people's money by Western governments. John Embry: “I must say that the current news in virtually all areas must be very troubling for[...]
Tag: Yellen
Fed’s Yellen Says Rate Hikes—But Not Too Many—Are Coming
By Greg Robb WASHINGTON (MarketWatch)—Federal Reserve Chairwoman Janet Yellen on Friday channeled her inner Mary Poppins, giving markets a spoonful of sugar while delivering the message that an increase in interest rates is coming soon. “I expect that conditions may warrant an increase in the federal funds rate target sometime this year,” Yellen told a conference sponsored by the San[...]
Yellen: Economy Still Needs Fed Stimulus – Wages Rising Too Slowly, Fed Chair Says
NEW YORK (CNNMoney) - Although the job market is improving, it's still not strong enough to fully satisfy Federal Reserve Chair Janet Yellen. Wages are rising too slowly, and too few Americans are participating in the job market, she told senators on Tuesday. "Although the economy continues to improve, the recovery is not yet complete," Yellen said in testimony before the Senate Banking, Housing [...]