More mortgage misery for millions as NatWest hikes interest rates amid market chaos sparked by Truss’s mini-Budget – as figures show average home now costs SEVEN TIMES typical salary after Covid boom October 3, 2022 3:37 pm
U.N. Calls On Fed, Other Central Banks to Halt Interest-Rate Increases. What’s next? A call for more QE? October 3, 2022 3:17 pm
Fears of Bank of England emergency interest rate hike to prop up plunging Pound after it hits ALL-TIME low of $1.03 – as Kwasi Kwarteng vows he WON’T change course on tax-cutting Budget despite market chaos and Tory backlash September 26, 2022 3:55 pm
Why Is the Federal Reserve Collapsing the Economy? The Fed policy of raising Interest Rates is Nonsensical and Mindless.. September 22, 2022 8:37 am
Meanwhile, the interest rate on US 30 year mortgages just hit 6.42%, an increase of 15% in 1 month, and 112% in 1 year. This is happening while real wages have been negative and households just lost $6.1 trillion in wealth in Q2 and Fed is planning to start selling $35 bn MBS per month September 20, 2022 10:36 pmSeptember 19, 2022 10:12 pm
Central banks are (aggressively) hiking interest rates nearly everywhere, slowing economic activity and increasing debt problems (especially in low-income countries). September 19, 2022 3:27 pm
Inflation Continues to Skyrocket as Fed Claims Raising Interest Rates Will Fix It September 14, 2022 7:51 pmSeptember 13, 2022 6:35 pm
Schiff: US Debt: Annualized Interest Surges More Than $22B in a Single Month September 9, 2022 6:08 pm
We are Entering a Monetary Black Hole that will Meltdown the Global Economy Fed Interest Rate Hikes will cause Massive Recession in the next 12-18 Months August 26, 2022 9:33 amAugust 25, 2022 12:07 pm
Fed’s dilemma: Debt/GDP is 3x higher than in the 1970s, interest rates must go up to avoid hyper inflation but with government revenue of only $4 trillion and debt of $30 trillion, it would only take an interest rate of 13% for interest expenses to equal ALL government revenue… August 23, 2022 1:34 pm
