“Inflation is not a problem for this time as near as I can figure. Right now, M2 [money supply] does not really have important implications. It is something we have to unlearn.”—Jay Powell, Fed Chairman Reports are circulating that the Federal Reserve has given up on reporting the mon...
WASHINGTON, Aug. 15 (Xinhua) -- Data released by the U.S. Federal Reserve (Fed) on Thursday showed that its M2 money stock increased for the week ending Aug. 5. M2, the broad money supply, rose to 14.9408 trillion U.S. dollars from the previous week's 14.917 trillion dollars, while...
The money supply (M2) has bounced to March 2023 levels and has been rising almost every month since October last year. Furthermore, US government deficit spending has more than offset the decline in the Federal Reserve balance sheet. While the Fed’s balance sheet has shrunk by $1.5 trillion...
WASHINGTON, July 25 (Xinhua) -- Data released by the U.S. Federal Reserve (Fed) on Thursday showed that M2 money stock dropped for the week ending July 15, as market traders expect an interest rate cut in late July. M2, the broad money supply, shrank to 14.8273 trillion U.S. dollars...
Upturn may be sustained despite sluggish growth in M2, Fed official says. (money supply; Robert Parry)Davies, Stephen A
A key week ahead with a string of important economic data releases as well as a decision on the PBoC interest rate. First up on Monday, we will have the release of several credit conditions data for May; new yuan loans, outstanding loan growth, and M2 money supply. Consensus estimates ex...
The M2 money supply has been exploding over the past several months. Even as Powell expresses nonchalance at the prospect of an inflation problem, the risks of spiraling adverse consequences to all his money printing are growing. It’s true that the rate of money supply growth doesn’t ...
money in the system. The money was going into the system before the New Year, but it has stopped since then. Excess reserves since the first of the year have climbed by $117 billion, while money supply growth (M2) has dropped to an annualized rate of 4.1% ,versus earlier growth of ...
M2 money supply year-over-year flow versus stock. Source: Bloomberg In other words, a deflationary recession is coming, with Meyers believing it will force the Fed to return to a quantitive easing policy. “When the debt ceiling is lifted and credit-contraction leads to economic crisis... ...
The catalyst? Jay’s money printer, which sent the M2 money supply soaring—up 25.3% year over year! The 2020 Money Party This out-of-control liquidity led towild inflationin 2021. Which forced the Fed into austerity in 2022. Yet Jay didn’tactuallykeep the money spigots tight for 12 mo...