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Political Dog 101

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Fed Interest rate increases

Biden does a presser Saying the economy IS better due to His efforts….

September 1, 2023 By jamesb

He points out that his programs have put more money and jobs out to Americans.... He is trying to raise more people being able to make Over Time.... He points to a drop in Inflation.... He points out that many of Trump economic efforts have failed..... But? Biden … [Read more...] about Biden does a presser Saying the economy IS better due to His efforts….

Filed Under: Government, Other Things, Politics, Polling, the Economy Tagged With: American Economy middle 2023, American Inflation/Recession, Fed Interest rate increases, Media, Politics, President Biden, US Economy

US Home Mortgage rates climb above 7%…..Ouch!…..

August 17, 2023 By jamesb

Well? The Fed gets what it wants....... The HIGHEST rate in 21 years..... Mortgage rates surged to a 21-year high this week, a jump that will make it even harder for buyers to afford homes in a market hampered by high prices and low inventory. The average 30-year … [Read more...] about US Home Mortgage rates climb above 7%…..Ouch!…..

Filed Under: Government, Politics, the Economy Tagged With: Fed Interest rate increases, Government, Politics, US Economy, US Mortgage rate increases

The Fed looking to NOT raise Interest Rates for Now…..

June 12, 2023 By jamesb

Could allow banks and other financial outfits begin to DROP borrowing rates for consumers? Federal Reserve Chair Jerome Powell is expected to pause his yearlong campaign of jacking up interest rates to curb inflation, offering a reprieve to consumers and businesses. But for … [Read more...] about The Fed looking to NOT raise Interest Rates for Now…..

Filed Under: Government, Other Things, Politics, the Economy Tagged With: Borrowing costs, Fed Interest rate increases, Federal Reserve/The Fed, US Economy

Jenny Craig will go out of business….Other New Layoffs list…..

May 3, 2023 By jamesb

The mass layoffs and shutdown's keep coming...... Good Economy???? Later today ole Jerome and Fed should hike interest rates again I'd assume? Consumer prices gonna keep rising.... Jenny Craig will close its doors after four decades in the weight loss and nutrition … [Read more...] about Jenny Craig will go out of business….Other New Layoffs list…..

Filed Under: Government, Politics, the Economy Tagged With: Business layoffs, business shutdowns, Fed Interest rate increases, US Economy

Walkig thru the minefield of US banking this week…

March 13, 2023 By jamesb

President Joe Biden took no question after his short comments today... He's NOT a happy camper..... Right now? He's sitting on his hands waiting to see what is going to happen with the American banking system.... Two banks went under in the last few days.... Biden … [Read more...] about Walkig thru the minefield of US banking this week…

Filed Under: Government, Law, Politics, the Economy Tagged With: Bailing out the Banks, Congress, Fed Interest rate increases, Government, Law, Media, Politics, President Biden, Sillicon Valley Bank, The Fed/Federal Reserve Bank

Will the Fed Stop raising interest rates?

March 13, 2023 By jamesb

No more interest rate hikes? (For Now at least) All the 'market' people are REALLY talking about right now is interest rates #1 The Banks #2 They want ole' Jerome & Co. over at the Fed to STOP raisng the interest rates...... The market people (and consumers) … [Read more...] about Will the Fed Stop raising interest rates?

Filed Under: Government, Law, Politics, the Economy Tagged With: Fed Interest rate increases, Government, Sillicon Valley Bank, The Fed/Federal Reserve Bank, US banking issues, US Economy

Biden tries to get around Govt. Money backing the Banks….

March 13, 2023 By jamesb

Just hearing the President of the United States SAY the banks are safe is NOT gonna work I believe.... But? Biden did say 'He will do 'Whatever has to be done'.....   But this morning ANOTHER bank (First Republican) went in the tank today..... ALL the bank … [Read more...] about Biden tries to get around Govt. Money backing the Banks….

Filed Under: Government, Law, the Economy Tagged With: Biden admin, Fed Interest rate increases, First Republic Bank, Politics, Sillicon Valley Bank, US Economy

Labor Dept. says 311,000 jobs added in February ….

March 10, 2023 By jamesb

CAUTION..... This figure WILL BE adjusted next month as is the norm.... (The adjusted numbers tend to go downward) The jobless rate? Went UP..... Wages DECREASED...... The report notes that there have been ten's opf thosands of job layoff's....   As … [Read more...] about Labor Dept. says 311,000 jobs added in February ….

Filed Under: Government, Politics, the Economy Tagged With: California job growth, Fed Chair Powell, Fed Interest rate increases, Government, Politics, President Biden, US Economy Feb. 2023, US jobless/unemployment rate

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