by Dismal-Jellyfish Sources: https://www.marketwatch.com/story/feds-bullard-backs-two-more-hikes-359fb941: St. Louis Fed President James Bullard on Monday said he would like to see two more quarter-percentage-point interest-rate hikes this year. “I think we’re going to have to grind higher with the policy rate in order …
by confoundedinterest17 Yes, the banking system under green zealots and spendiholics Biden, Pelosi and Schumer have helped drive inflation to 40 years highs leading The Fed to counterattack and raise interest rates and slow M2 Money supply. The result? As …
Guest Post by MN Gordon at Economic Prism: According to this week’s Commerce Department report, U.S. GDP increased at an annualized rate of 1.1 percent during Q1 2023. The experts thought GDP would grow by 2 percent. They were wrong. …
by confoundedinterest17 US Core inflation keeps rising despite The Federal Reserve slowing M2 Money growth and raising The Fed Funds Targget rate as The Fed plays catch up from Janet Yellen’s “Too Low For Too Long” monetary policies under Obama. And she …
Costco has gained popularity over the years due to its affordable prices on everything from pantry staples to household essentials. Its warehouse club members are often attracted by the value and the quality of its huge product range. Although the …
by Dismal-Jellyfish https://www.federalreserve.gov/releases/h41/20230406/ What we are monitoring: Discount Window/Primary Credit Central Bank Liquidity Swaps Bank Term Funding Program (BTFP) “Other credit extensions” “Foreign Official” Tool 3/15 3/22 3/29 4/5 Discount Window/Primary Credit $152.85 billion $110.248 billion $88.157 billion $69.705 billion Central …
The Federal Reserve on Wednesday enacted a quarter percentage point interest rate increase, expressing caution about the recent banking crisis and indicating that hikes are nearing an end. Along with its ninth hike since March 2022, the rate-setting Federal Open …
by BoatSurfer600 S&P has broken the downtrend. It'll be interesting to see what happens with VIX now. Wells Fargo not looking very healthy. pic.twitter.com/KyCuo4BYmd — Financelot (@FinanceLancelot) March 20, 2023 If M2 growth was the reason for inflation, should M2 …
by Chris Black The inflation is here to stay, whether you raise the rates or not. The only reason you would raise rates to try to do something with inflation is if you were purposefully trying to collapse the economy. …
Global Central Bank Update:-Australia hikes rates for the 10th time, 25 bps increase to 3.60%. pic.twitter.com/BmxiVnQuLf — Charlie Bilello (@charliebilello) March 7, 2023
During this 50+ minute interview, Jason asks Lyn about what asset classes or industries are the most affected by the Fed raising interest rates. Many companies are just starting to feel the pain. Earlier this week Intel slashed dividends by …
by confoundedinterest17 It is the start to a trading week after yesterday’s pause for President’s Day. And with a new start, we see the US Treasury 10-year yield jump 8.5 basis points to 3.9%. Bankrate’s 30-year mortgage rate is up to …
https://twitter.com/MFHoz/status/1626219843220545537 #Copper is saying there is more inflation to come. Yet, the market keeps easing those financial conditions. It has no one to blame but itself. pic.twitter.com/U63AEuyUDK — Michael J. Kramer (@MichaelMOTTCM) February 16, 2023 BOJ's bonds purchases pic.twitter.com/XaFugmIaRe — …
https://t.co/xcm1INGoLq — Win Smart, CFA (@WinfieldSmart) February 15, 2023 Protection ended well pic.twitter.com/RYtTKLbvh5 — Alessio (@AlessioTMAD) February 15, 2023 The Cost of Protecting Against a US Government Default — (1Y US CDS) pic.twitter.com/loMZmLjMsY — Michael McDonough (@M_McDonough) February 15, 2023 …
by confoundedinterest17 It’s just like The Fed to ignore what is going on and do something else. The one statement that Biden made in his State of the Union Address that was factually accurate was that inflation is coming down. Of …
by Player896 February 1, 2023 – Raises rates by 25 bps to 4.50-4.75% The economy and labor market cannot fully work without 2% inflation and price stability. Ongoing increases are appropriate and the committee does not see rate cuts this year. Will continue to …
by BoatSurfer600
David Quintieri with Jason Burack of Wall St For Main St Jason Burack of Wall St for Main St interviewed returning guest, author of the Money GPS and well known financial YouTuber, David Quintieri on the effect of Fed rate hikes, Canadian real estate …
by confoundedinterest17 This will be the last time (Fed rate hikes) as the US economy is forecast to either go into a recession in 2023 or slow down to an anemic 1.20% Real GDP YoY. Even the Fed is forecasting 3.10% core …
by confoundedinterest17 Is inflation gone in November? Nope. US producer prices rose in November by more than forecast, driven by services and underscoring the stickiness of inflationary pressures that supports Federal Reserve interest-rate increases into 2023. The producer price index for final demand climbed …
Michael Lebowitz with Jason Burack of Wall St For Main St During this 40+ minute interview, Jason asks Michael questions about an inverted yield curve, what it signals for the US economy and different asset classes and who will be buying US Treasuries going …
by Daniel Lacalle via Mises Raising interest rates is a necessary but insufficient measure to combat inflation. To reduce inflation to 2 percent, central banks must significantly reduce their balance sheets, which has not yet occurred in local currency, and governments must reduce …
People who are calling for the Fed to pause rate hikes because inflation went down a tick, are the same people who head back to the buffet to celebrate losing 1 pound. — The Maverick of Wall Street (@TheMaverickWS) November …
by BoatSurfer600 Meanwhile… ‘I’m selling my blood’: millions in US can’t make ends meet with two jobs
by Ryan McMaken of Mises Institute The Federal Reserve’s Federal Open Market Committee (FOMC) raised the target federal funds rate 75 basis points on Wednesday, marking the fourth 75-basis-point hike in a row since June. The federal funds rate is now the highest …
Daniel Lacalle, Released on 9/25/22 Daniel Lacalle, PhD, economist and fund manager, is the author of the bestselling books Freedom or Equality (2020) and Escape from the Central Bank Trap (2017). He is a professor of global economy at IE Business School in Madrid …
via businessinsider: Mark Spitznagel warned the Fed’s rate hikes risk causing huge damage to markets and the US economy. The Universa Investments boss cautioned higher interest rates could turn inflation into deflation. Spitznagel questioned whether the Fed will be able …
by cranialrectumongus Here’s my proverbial two cents on this matter. I’m old and have seen a lot. Doesn’t in anyway make me an expert but it also is not without some value. The market already knows about inflation and recession. Markets …
by confoundedinterest17 Agency mortgage-backed securities (MBS) prices started to degrade as The Federal Reserve started to try to combat inflation caused by Biden’s energy policies and rampant Federal spending. That is, under June when the implied Fed O/N rate (red line) …