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’….
Inflation
Virus leaving…America Consumer Price’s increase…
Gas prices UP.... Food prices UP.. Inflation growing.... (Some Republicans mumbling about Biden and gas prices in the same sentence)... Prices were up by 3.6 percent in April compared to a year ago, continuing a trend of rising inflation, although economic … [Read more...] about Virus leaving…America Consumer Price’s increase…
Consumer prices creeping up….
Problems with people going back to work?.... Problems with people getting paid a salary MORE than getting jobless benefits?... Problems with people NOT wanting risk their health back in a close quarters office?... Problems with gas /oil pipelines ? Added to ALL the … [Read more...] about Consumer prices creeping up….
The Fed does NOT cut rates this time…
Thus NOT following the wishes of one Donald Trump.... And thus showing its independence as it's supposed to.... They know that despite the rosey picture Trump wants? The American economy IS growing soft and Trump's actions could in fact make things worst..... Federal … [Read more...] about The Fed does NOT cut rates this time…
Stock Market gives up almost 600 points to erase the whole years gains….
Why? A whole batch of things coming this way..... As they have all year, companies are reporting mostly good financial results for the third quarter. But this time around, executives have been talking about the challenges they face with rising production and materials … [Read more...] about Stock Market gives up almost 600 points to erase the whole years gains….
Out of the spotlight?…. The Stock Market drops by the hundreds….
Do market gamblers know something we don't know? As I type this the Market is down 400 500 points... Is this just increased interest rates solely? Or? Is the American Economy and employment NOT as strong as people (Trump) says it is.... And what about Trump's … [Read more...] about Out of the spotlight?…. The Stock Market drops by the hundreds….
Stuff costs more…Consumer Prices Up…..
You could see this coming.... Gas prices are up to around $3.00 a gallon from a around $2.50 a few months ago...... Last time gas prices went up? The price of just about everything went up also... Same thing is going on.... And Donald Trump is talking about making … [Read more...] about Stuff costs more…Consumer Prices Up…..
With the Fed move today…Interest rates are going up….
The Federal Reseve thinks the economy is doing good.... They worry about inflation...So they try to keep a handle on the economy.... Higher interest rates to the big guys mean higher interst rates for us consumers.... The Federal Reserve raised interest rates on Wednesday … [Read more...] about With the Fed move today…Interest rates are going up….