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Just three months ago, the Fed was a veritable fountain of economic optimism, gushing with praise for the improving unemployment numbers and eager to implement the first interest rate increase and the first interest rate adjustment in more than seven years, with Dollar fortifying plans to continue increasing interest rates on a quarterly basis initially

The U. S. Federal Reserve’s Open Market Committee (FOMC) meeting concluded yesterday with no major changes. As I’ve been suggesting for weeks now, the Fed did manage to begin backing off of their aggressive talk regarding rapidly and frequently increasing interest rates. They still haven’t copped to it, but Fed realizes that the economy is

The United States has enjoyed the ability to borrow effortlessly and sustain an assertive foreign policy, by virtue of its status as the world’s reserve currency. But the rise of other currencies and concerns related to the mushrooming US debt has created doubt, causing many foreign entities to sell-off of US currency and securities. And