Paid Dueling Fed Mandates Aug 19, 2025 4 min read paid The Fed is required by law to keep inflation low and stable while also maintaining full employment. Achieving that dual mandate isn't always easy. Currently, the labor market is at full employment, but there are a few signs of weakening. Inflation was on track to fall to the Fed's 2.0% inflation target, but has been stuck around 3.0% recently. Some Fed officials believe that Ed Yardeni
Public The Fed: Everything Everywhere All at Once Mar 14, 2023 2 min read Did the Fed just guarantee every bank deposit in America? That's really not the Fed's job; it's up to the FDIC to insure deposits up to a maximum of $250,000. By law, the Fed's job is to keep unemployment and inflation down. In addition to its legal "dual mandate," the Fed is ultimately responsible for maintaining financial stability. Our Ed Yardeni
Public FTX Crash Isn't Stressing US Credit System Nov 18, 2022 2 min read Earlier last week, crypto exchange FTX had to deny customer withdrawal requests of about $5 billion. FTX lent about $10 billion of customers’ funds to Alameda Research for trading purposes. John Ray III is the new CEO of FTX. He was the man who cleaned up the mess at Enron. He says the situation at FTX is even worse, describing what he calls a “complete failure” of corporate control. (Here Ed Yardeni
Public Cryptocurrencies Are Digital Tulips Nov 9, 2022 1 min read Stocks sold off today partly as a result of the turmoil in cryptocurrencies markets. It was a risk-off day. Here is what I wrote in our May 11, 2021 Morning Briefing about this asset class: "I had been thinking of cryptocurrencies as 'digital tulips,' reminiscent of the 17th century tulip mania in Amsterdam that drove up tulip prices beyond reason. The difference is that cryptocurrencies are traded Ed Yardeni
