I've been saying here to those few who might hear me.... Fed Chair Powell can keep raising interest rates to the Moon.... Don't matter... Small to Large businesses are problem... And Powell has NO influence over that.... There ain't any 'Sale' signs out there and … [Read more...] about American Consumer Prices KEEP Rising……
Higher Interest rates
Mortgage Rates climb to highest point in 11 years….
Inflation ? Hike in interest rates.?... Great Economy? Something ain't Right..... Rates for 30-year, fixed rate mortgages moved above 5 percent for the first time in 11 years, Freddie Mac reported Thursday. Low rates fueled the revival of the housing market … [Read more...] about Mortgage Rates climb to highest point in 11 years….
Interest Rates going Up….US Fed…..
To combat the increase in inflation for America's economy.... The Federal Reserve will INCREASE borrowing costs.... This on top of increased energy costs for the country and Russian sanction fall out... The Federal Reserve on Wednesday increased its baseline interest rate … [Read more...] about Interest Rates going Up….US Fed…..
The Fed signal’s rate increase’s coming next year…
Bye...BYE cheap money borrowing rates.... Federal Reserve policymakers said they will cut back on their stimulus more quickly at a moment of rapid inflation and strong economic growth, capping a challenging year with a pronounced policy pivot that could usher in higher interest … [Read more...] about The Fed signal’s rate increase’s coming next year…
US Treasury Secretary Janet Yellen looking for ‘higher interest rates’….
She feels that interest rates have been depressed a bit too long.... And that an increase in the rates maybe a sort of brake against inflation that IS already here with the recovering economy from the pandemic pause.... Treasury Secretary Janet Yellen on Sunday … [Read more...] about US Treasury Secretary Janet Yellen looking for ‘higher interest rates’….
The Fed beginning to worry Trump Trade war will depress the US Economy…
Could Donald Trump's action lead to a Economic downfall for the American economy which would accurate China's taking over from America as the world's biggest Economy? Trade has been the engine for mankind for centuries.... Could Donald Trump's lasting memory be of how he … [Read more...] about The Fed beginning to worry Trump Trade war will depress the US Economy…