This is NOT a surprise.... Fed raises interest rate for the Big banks .25%... They admit their efforts on Inflation are NOT doing that good.... Update... Federal Reserve officials raised interest rates by a quarter-point on Wednesday as they tried to balance two … [Read more...] about FED interest rate raised .25%
The Fed/Federal Reserve Bank
President Biden does the ‘Right’ thing for the Banks……
Yes.... The Biden admin IS bailing out two banks.... (Signature Bank is actually doing better as I type this) Don't think anything else.... And? It's the right thing to do.... The bank stocks are alright as of today .... The market people are still focused on … [Read more...] about President Biden does the ‘Right’ thing for the Banks……
Walkig thru the minefield of US banking this week…
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…
Will the Fed Stop raising interest rates?
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?
Nobody REALLY knows if the Feds will have to bail out* banks….
The media reports have some saying the Federal Reserve WILL NOT supply the money tho bail out the Silicon Valley banks failure.... Don't take that as gospel.... The answer will become more clearer this coming week.... The SVB has all it's accounts at $250,000 and under … [Read more...] about Nobody REALLY knows if the Feds will have to bail out* banks….
The Fed is getting ready for a .75% interest rate hike…Progressives are NOT happy….
Actually? Home buyers and mortagage companies ain't either.... You can add the American consumer to the list.... President Biden and Democrats are ALSO getting politically screwed with this.... Progressive Democrats are ripping the Federal Reserve over deepening … [Read more...] about The Fed is getting ready for a .75% interest rate hike…Progressives are NOT happy….
American Consumer Prices KEEP Rising……
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……
Mortgage rates up to 2008 level….
2008/2009 the bottom fell out of the American Economy.... The Federal Reserve IS raising interest rates to combat Inflation.... Their actions haven't stopped consumer high prices despite the gas price's dropping..... But the home ownership market HAS slowed.... The … [Read more...] about Mortgage rates up to 2008 level….