On Super Bowl Sunday, I borrowed my friend’s car to run to the store before the real game of the day, the fighting Memphis Tigers’ brunch basketball game against the Temple Owls. Temple was a dangerous sleeper team, and not …
Russia’s federal budget deficit came in at 2.4 trillion roubles ($28.93 billion) in the first quarter of the year as Moscow spent heavily and energy revenues fell, the finance ministry said on Friday. In the same quarter of 2022 Russia …
by: Ramon Tomey (Natural News) A federal judge has allowed a lawsuit holding the Southern Poverty Law Center (SPLC) accountable over its defamatory “hate group” designation to proceed. On March 31, Senior U.S. District Judge William Keith Watkins ruled in favor of …
The U.S Federal Reserve banking system is launching its own "Cash App" called "Fed Now" in July. This is a movement towards getting rid of physical money & having digital currency. pic.twitter.com/lYdvZ6vPz0 — SAY CHEESE! 👄🧀 (@SaycheeseDGTL) April 6, 2023 …
If you have a $100,000-plus IRA/401(k), click here to learn how to fight inflation with a physical gold IRA. DOWNLOAD the “Inflation Fighter Kit” prepared by a Harvard-trained senior economic analyst. AC
PORT ST. LUCIE, Fla. — This week the Federal Housing Administration gave the OK to 40-year mortgages. It’s a move designed to try and make it easier for first-time home buyers. “If it helps people get into a house, it’s …
by Dismal-Jellyfish Governor Lisa D. Cook At “Exploring Careers in Economics,” a conference sponsored by the Board of Governors of the Federal Reserve System, Washington, D.C. Source: https://www.federalreserve.gov/newsevents/speech/cook20230404a.htm Good afternoon, and welcome to “Exploring Careers in Economics.” I am disappointed I …
New Worries America on Verge of Losing Petrodollar Privilege As gold prices continue to hold firm near the $2,000 level, bulls are eying big developments ahead for the monetary metal along with the global monetary system. Gold’s potential ascendancy to …
Three years ago, San Francisco Mayor announced a plan to defund the police. Now, with the city short 540 police officers, and a rapidly growing area controlled by violent drug dealers, the mayor is finally asking the federal government to …
Federal funds = congressional oversight. DA Bragg’s letter rebuking Congress falls flat on its face https://t.co/PDlogeneJp — Congressman Russell Fry (@RepRussellFry) April 1, 2023 There you have it. AC
By Michael Lebowitz An old saying cautions one to be careful of what one wishes for. Stock investors wishing for the Federal Reserve to pivot may want to rethink their logic and review the charts. The second largest U.S. bank …
by Dismal-Jellyfish Today the Fed released it’s audited financial statement for 2022: https://www.federalreserve.gov/newsevents/pressreleases/other20230324a.htm KPMG It’s worth noting that the Fed’s audit firm, KPMG, has been involved in numerous scandals, including the use of stolen regulatory information to cheat on audit …
by AutoModerator Fed Funds Rate Prior: 4.50 to 4.75% Fed Funds Rate Consensus: 4.75 to 5.00% CME FedWatch which tracks interest rate futures trading probabilities can be found here – CME FedWatch Tool – CME Group The FOMC statement can be …
🧵THREAD: The Biden family may have committed over two dozen federal felonies in connection with the millions they made from China, specifically FARA violations and money laundering charges, that would put the Trump family or any ordinary citizen behind bars …
by Dismal-Jellyfish Source: https://www.federalreserve.gov/newsevents/pressreleases/other20230319a.htm “We welcome the announcements by the Swiss authorities today to support financial stability. The capital and liquidity positions of the U.S. banking system are strong, and the U.S. financial system is resilient. We have been in …
by Dismal-Jellyfish Source: https://www.federalreserve.gov/newsevents/pressreleases/monetary20230319a.htm The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve, and the Swiss National Bank are today announcing a coordinated action to enhance the provision of liquidity via …
The Federal Reserve is expected to raise interest rates another 25 basis points – or 0.25% next week amid the banking crisis. Two US banks failed in the last week after they were unable to produce enough cash for depositors. …
The Federal Reserve Bank of the United States has announced that it is launching an instant payment transfer service called “FedNow Service,” which has features of a Central Bank Digital Currency (CBDC) and some analysts believe is the first big …
The Federal Reserve Bank of the United States has announced that it is launching an instant payment transfer service called “FedNow Service,” which has features of a Central Bank Digital Currency (CBDC) and some analysts believe is the first big …
by Simon Black You know the old joke– “Predictions are hard… especially about the future.” And it’s true, nobody has a crystal ball. But it’s astonishing to see just how horribly wrong the people in charge can be in their …
via reuters: March 15 (Reuters) – The U.S. central bank will launch its “FedNow” instant payment service in July, the Federal Reserve said on Wednesday, with certification and testing for early adopters starting in the first week of April.
“There is an infinite amount of cash at the Federal Reserve” 🔊 pic.twitter.com/xw2N5FvNJB — Wall Street Mav (@WallStreetMav) March 14, 2023
by Dismal-Jellyfish Source: https://public-inspection.federalregister.gov/2023-05351.pdf Reminder, changes in the Calculation of the National Securities Clearing Corporation’s Excess Capital Premium Charge take effect TODAY. The Excess Capital Premium (ECP) charge is a component of the Clearing Fund that is designed to mitigate the …
Let’s review the Federal Reserve Bank’s many roles, & how each of them enabled the SVB failure/malfeasance: (1) Santa Claus.By keeping interest rates artificially low, FED stimulated the economy, & nudged those with capital into the VC space creating demand …
by Michael Did you think that the Federal Reserve was just going to stand by and watch the U.S. banking system completely collapse? In response to the stunning failures of Silicon Valley Bank and Signature Bank, the Federal Reserve announced a …
by Michael What in the world just happened? On Friday, Silicon Valley Bank collapsed and was taken over by regulators, and then on Sunday regulators swooped in and shut down New York’s Signature Bank. In a desperate attempt to prop up …
Closed Board Meeting on March 13, 2023 Government in the Sunshine Meeting Notice Advanced Notice of a Meeting under Expedited Procedures It is anticipated that the closed meeting of the Board of Governors of the Federal Reserve System at 11:30 …
The Biden administration's casual violation of the First Amendment should shock every journalist, even those not fond of @elonmusk. What is the limiting principle? This inquisition could extend to any journalist. https://t.co/7783nxM4RT — Jay Bhattacharya (@DrJBhattacharya) March 7, 2023 This …
by Dismal-Jellyfish Source: https://www.federalreserve.gov/newsevents/speech/jefferson20230227a.htm Governor Philip N. Jefferson Thank you, Jason, for inviting me to join your economics class and for your kind introduction. It is a pleasure to be here. I miss teaching economics classes. Before I continue, I would …
by confoundedinterest17 Starting in 2009 with the housing bubble burst and ensuing financial crisis, The Federal Reserve bought agency mortgage-backed securities (MBS) in an effort to provide stability to the then suffering housing and mortgage markets. Flash forward to today …