U.S. Speaker Pelosi's Husband Sold Nvidia, Micron Options at a Loss
Nancy Pelosi's husband sold call options in chipmakers Micron Technology and Nvidia for loss of under $1M, according to a new transparency filing.
Nancy Pelosi's husband sold call options in chipmakers Micron Technology and Nvidia for loss of under $1M, according to a new transparency filing.
Fed can’t pause campaign of monetary tightening once benchmark interest rate reaches 4.5% to 4.75% if “underlying” inflation still accelerating.
Recent trading disclosures show that not every move turns out as expected. Rules for buying and selling stocks were strengthened for Congress in 2012.
Fed. Pres. Bullard left open possibility that central bank would raise interest rates by 75 basis points at each of next two meetings in Nov. and Dec.
Treas. Sec. Yellen cited concerns about potential breakdown in trading of US Treasuries, as her department leads effort to shore up crucial market.
Warnings about monetary overkill by central banks are growing louder. This time the insurgency is coming from within America's New Keynesian elite.
If there needs to be a U.S. recession to bring down inflation to appropriate levels, the Fed would be cool with that, says one Wall Street pro.