This case is about Trump's attempt to get rid of the concept of 'Independent' Agencies in the US Government.... A federal judge late Tuesday temporarily blocked President Donald Trump from removing Federal Reserve governor Lisa Cook, an early victory in her push to remain on … [Read more...] about Breaking…Fed Governor Lisa Cook Firing put on Hold by Judge….
US Federal Reserve/The Fed
Fed’s setting up more money to back up the banks…..
Don't call it what it is.... Circa 2008/2009? The Federal Government is seeking to' bail out 'the banks depossits IN WHOLE...... The 'crisis' mode has dropped from the headlines but things ain't normal for the industry which has tried to prop up things on it's own with … [Read more...] about Fed’s setting up more money to back up the banks…..
Treasury Sec….Govt. WILL make sure bank deposits are safe….
President Biden didn't want to say it out loud... But? The Government WILL 'bail' out the banks if need be..... Treasury Secretary Janet L. Yellen expressed confidence in the nation’s banks on Tuesday but said she was prepared to take additional action to safeguard … [Read more...] about Treasury Sec….Govt. WILL make sure bank deposits are safe….
Ole Jerome at the Fed wants to raise rates HIGHER…FASTER…..
His efforts have NOT actually done much of ANYTHING except screw up the Housing market..... Raising rates has had NO AFFECT on the rising consumer prices so far.... Business are STILL looking for workers also..... At some point? One of Biden's people ARE going to have … [Read more...] about Ole Jerome at the Fed wants to raise rates HIGHER…FASTER…..
The Fed does the biggest rate increase in decades….
The .75 increase is aimed at punching down the inflation rate.... That will mean higher borrowing costs for car 's and other big ticket items.... The house market is already catching a cold and going to bed.... They know that a recession is coming in response to … [Read more...] about The Fed does the biggest rate increase in decades….
House mortgage rates go UP……
Well? Ya raise the interest rates to starve off inflation and the housing marget IS gonna catch a cold... The Commerical Housing market has already take a Covid hit... One would assume car loans and credit card interst rates will climb.... The world has turned upside … [Read more...] about House mortgage rates go UP……
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…