Ole Jerome Powell at the Fed is finally getting with the program…. Interest Rate Cut Is Coming Federal Reserve Chair Jerome Powell gave his strongest signal yet that interest-rate cuts are coming soon, saying the central bank intends to act to stave off a further … [Read more...] about Interest Rate cut coming…..
The Fed/Federal Reserve Bank
US Stock Market and World Finicial markets sell-offs like Rain Falling….
The US Market has lost 1,000 points in a mass sell off.... All this false shit about the US Economy has finally hit the wall.... The American economy has NOT been good .... Consumer prices REMAIN HIGH.... Companies post covid cannot get people to COME to work and … [Read more...] about US Stock Market and World Finicial markets sell-offs like Rain Falling….
American Mortgage rates keep falling…..
This along with falling gas prices WILL be relief for Americans and Joe Biden's poll numbers.... Mortgage rates fell for the ninth week in a row amid signs that the Federal Reserve could cut interest rates next year. The average 30-year fixed-rate mortgage rate fell to … [Read more...] about American Mortgage rates keep falling…..
The Fed is coming to help American Consumers, Biden and the Market…..
Ole Jerome Powell and his fellow Reserve crew have signalled that they are seeing interest rate CUTS coming..... Immediate response? Stock Market rockets UP , as forecasters talk about a 'soft landing' of the economy , not a crash recession.... Interest rates for … [Read more...] about The Fed is coming to help American Consumers, Biden and the Market…..
Yes…American Consumer Prices ARE STILL HIGH……
Please disregard all the media stories about the drop in inflation.... It's STILL HERE..... The 'experts' might know it in their computers.... But when they get off work and buy stuff? They have to see it like the rest of us.... The piece below must have been … [Read more...] about Yes…American Consumer Prices ARE STILL HIGH……
The Fed ….NO Interest Rate Increase for Now…..
AP.... The Federal Reserve kept its key interest rate unchanged Wednesday after having raised it 10 straight times to combat high inflation. But in a surprise move, the Fed signaled that it may raise rates twice more this year, beginning as soon as next month. The Fed’s move to … [Read more...] about The Fed ….NO Interest Rate Increase for Now…..
The US Economy…..More Hiring reported…Higher Jobless rate RISES…Interest Rate hold?
It's about May 2023..... Conflused? I'll add this..... Consumer prices ain't dropping..... And student loan bills are a'coming back..... Job growth jumped in May, reaffirming the labor market’s vigor despite a swirl of economic headwinds. U.S. employers added … [Read more...] about The US Economy…..More Hiring reported…Higher Jobless rate RISES…Interest Rate hold?
Three of the largest-ever bank failures have happened since March….
The banks were all cartering to the tech industry which has had massive lay-off since the pandanmic subsided.... First Republic Bank was seized by federal regulators early Monday and sold to JPMorgan Chase Bank. The San Francisco-based bank became the third to fail this year, … [Read more...] about Three of the largest-ever bank failures have happened since March….