Dec. 9 (UPI) — France will begin making condoms available for free to people over 18 and under 26 starting next month, in an effort to reduce the spread of sexually transmitted diseases. French President Emmanuel Macron made the public health announcement on Friday. …
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 …
The head of the International Monetary Fund (IMF), Kristalina Georgieva, has cautioned against the Federal Reserve slowing down with its interest rate hikes as it attempts to tame soaring inflation. Speaking in an interview with The Associated Press on Tuesday, …
h/t Infamous_Sympathy_91
by confoundedinterest17 What interest rates are telling us is a bad sign. With an impending railroad strike that can torpedo the US economy (but if that is possible, why is the Biden Clan vacationing in Nantucket for Thanksgiving weekend when …
by Infamous_Sympathy_91
by Shaun Richards This morning in Frankfurt ECB President Christine Lagarde has been setting out ger stall on monetary policy. In essence she is presenting herself as a doughty and valiant inflation fighter. For the ECB, displaying our commitment to …
SNIP A few weeks ago the White House hosted a conference on hunger, nutrition and health. One of the key organizers of the conference — Dariush Mozaffarian, Dean of the Tufts School of Nutrition — had just finished spending 3 …
"The new data from Bankrate shows that in addition to 19.04% being the highest APR in the past three decades for credit cards, it also represents a record increase for a single calendar year…" Source: https://t.co/x0C5xltuyN — Gold Telegraph ⚡ …
by confoundedinterest17 Biden’s magic trick was to turn the economy into a train wreck. Example? The 30-year mortgage rate was 2.88% on Biden’s inauguration day (January 20, 2021). They are now 7.32%, a 154% increase under Biden. The US economy is …
RNC Research – Twitter, Released on 11/4/22 27 of the top 30 cities with the highest murder rates are led by Democrat mayors, according to a Heritage Foundation analysis.
by confoundedinterest17 The mortgage market is really hurting under the stewardship of “Inflation Joe” Biden. Bankrate’s 30yr mortgage rate hit 7.35% yesterday, up 155% under Biden. Here is a photo of Inflation Joe taking aim at the mortgage industry and housing …
by confoundedinterest17 It has been a wild and mostly negative ride under Biden’s Reign of Error. 40-year highs in inflation (caused by Biden’s fossil fuel mandates and Federal spending) have left the US mortgage market FINALLY seeing positive REAL mortgage …
https://www.forexlive.com/centralbank/full-fomc-statement-from-the-november-2022-fed-meeting-20221102/
by confoundedinterest17 As the midterm elections get close, the news for Americans gets worse. On the housing/mortgage front, Bankrate’s 30-year mortgage rate (yellow line) just hit 7.20%, the highest since 2000. Also, the US Treasury 10yr-3mo yield curve (white line) inverted, …
by confoundedinterest17 The Federal Reserve’s DOTS PLOT shows where each Fed official’s projection for the central bank’s key short-term interest rate is headed. As of the September 21, 2022 Fed Open Market Committee (FOMC) meeting, the prediction of future Fed target …
by Shaun Richards There have been 2 major economic themes so far this year. The first is the rise in inflation and hence the cost of living and the second has been the rise and indeed rise of the US …
via Marktwatch: NASHVILLE, Tenn. — A mortgage industry group is expecting a recession to hit the U.S. economy. “We’re forecasting a recession for next year,” Mike Fratantoni, senior vice president and chief economist at the Mortgage Bankers Association, said Sunday …
(Bloomberg) — US central bankers said the next phase in their campaign to curb inflation will be to debate how high to raise interest rates and when to slow the pace of increases. St. Louis Fed President James Bullard and …
h/t Hot_Will1997
by confoundedinterest17 US 30-year mortgage rates rose to 7.20% yesterday, the highest rate since 2000. Why? Core inflation is rising and its the highest since 1992. Diesel prices, the all-important fuel for the transportation industry, is rising again after a brief …
h/t BoatSurfer600
by confoundedinterest17 Happy Columbus Day! As I discussed yesterday in my post entitled “The Perils Of Fed Tightening In One Chart (Or Sweet Home DC!) Treasury Yield Curve Remains In Reversion And Stock Market Declining As Fed Reduces Money Supply Growth,” The Federal …
Source: Zerohedge Using joint EU debt and the ECB printer to try to print energy is going to be a disaster. They should go ahead and do it. They need to do everything wrong first before they reach the …
by confoundedinterest17 Under “Nuclear Joe” Biden, the US is truly the land of confusion. As the Biden Administration touts “affordable housing,” we are seeing the 30-year mortgage rate rise above 7% as The Federal Reserve fights inflation … caused by the …
Courtesy Kelen McBreen…. Comedian and political activist Alex Stein posted a video to the internet Friday showing the moment he expertly trolled Democrat Congresswoman Jan Schakowsky during a live Zoom conference call. Schakowsky has served as the U.S. representative from …
by confoundedinterest17 I was confused when President Biden claimed ‘I was sort of raised in the Puerto Rican community’ in Delaware.” Here are Joe and Jill Biden singing “America.” Apparently, Biden was in the Sharks gang and Trump’s MAGA supporters are the Jets. On …
by Martin Armstrong The title speaks for itself. The Fed is going to continue raising rates until inflation shows notable improvement. Some still question whether the Fed will ease on its hawkish policies, but there is absolutely every indication to …
