Good news fir us and President…. Fed Takes a Pause on Rate Hikes “Federal Reserve officials left interest rates unchanged on Wednesday, giving themselves more time to see whether they have lifted borrowing costs enough over their 18-month campaign against inflation to … [Read more...] about The Fed …..NO Interest Rate Hike…..
Federal Reserve/The Fed
The bean counters say Inflation has dropped to it’s lowest levels …
Many of us have doubts on this.... The price of pizza hasn't.... The price of a gallon of gas hasn't.... The price of a loan for a car and home hasn't.... The price's at McDonald's haven't much..... Oh? These bean counters ADMIT they do NOT count certain 'core … [Read more...] about The bean counters say Inflation has dropped to it’s lowest levels …
The Fed looking to NOT raise Interest Rates for Now…..
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…..
Inflation has slowed…But is still High…..
Ask anyone buying groceries.... The Labor Department said Tuesday that the consumer price index, a broad measure of the price for everyday goods including gasoline, groceries and rents, rose 0.4% in February from the previous month. Prices climbed 6% on an annual … [Read more...] about Inflation has slowed…But is still High…..
Breaking….Feds WILL fund Silicon Bank money
I told ya so…… President Biden who has been here before is NOT going to sit by while some lawmakers talk about leaving thousands of people to NOT get paid because the 16th largest bank ran out of money…. This is a act to stop possible OTHER bank runs… This is breaking … [Read more...] about Breaking….Feds WILL fund Silicon Bank money
American job growth slows for another month…..
The narraitive in the media maybe evertythings ok..... But it isn't.... There has been less hiring in the last few months.... Everyday we have a story on thosands being laid of from large companies.... And? There are still signs in store windows looking for … [Read more...] about American job growth slows for another month…..
Wall Street ain’t Happy with the more Fed interest rate increases….
Fed Chair Jerome Powell & Co. are working on inflation.... That's all good.... But? America IS also doing a Recession ALSO.... And a Recession ain't happy time either.... “The Fed and the stock market are fighting. They’re in a brawl right now,” said … [Read more...] about Wall Street ain’t Happy with the more Fed interest rate increases….
The next Fed interest rate increase should be smaller….
The view is a 4.25 to 4.5 percent hike.... Mortagage and other big ticket items borrowing rates will increase, but probably by a bit lower margin this time... Inflation IS still here even if gas prices have dropped.... And a Recession is also here along with mass job … [Read more...] about The next Fed interest rate increase should be smaller….