Global bankers are painting the Fed into a corner
Breakfast with Benjamin features the Federal Reserve being caught between a rock and a hard place on rate hikes. Plus: Greeks vote to kick the can down the road, Obama's tax grab looks like a blueprint for the future, and a billionaire tells Americans to spend less money
- Global easing by central bankers makes it harder for the U.S. Fed to stick with its promise of hiking rates this year. Caught between a rock and a hard place and a strong dollar and falling commodity prices
- Greece makes a move toward ending austerity, setting the stage for some grown-up conversations with global creditors. Radical left wing wins Greek election
- Obama’s tax grab might not have a chance this year, but it could be a blueprint for where Washington will go for money in a few years. If you like your tax loopholes you can keep them. Wink. Wink.
- Billionaire money managers says, ‘Do as I say, not as I do.’ ‘America’s lifestyle expectations are far too high’
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