The Fed is trying to shift the blame again on inflation.
— Wall Street Silver (@WallStreetSilv) April 11, 2023
Source:https://t.co/0cxj2BrWOo
— Wall Street Silver (@WallStreetSilv) April 11, 2023
Average Consumer Expects 4.7% Inflation This Year
Perceived Credit Access Deteriorates. NY Fed's monthly consumer credit survey shows share of households reporting credit harder to obtain vs a year ago hit a record high in March. But, Fed Williams says he "hasn't see clear signs yet of credit conditions tightening". pic.twitter.com/TCVhwpH82c
— Valerie Tytel (@ValerieTytel) April 11, 2023
El-Erian Sounds Recession Alarms & Warns of Stagflation After a Slew of Bank Failures Last Month
“It is a phenomenon that, unlike financial contagion, is not easily countered by policies,” El-Erian said of the looming credit crunch.
California To Front 20% Down Payments With 0% Interest For Homebuyers With Incomes Up To $211,000
California homebuyers making up to $211,000 annually will be able to receive a 20% down payment, and all closing costs, at a 0% interest rate.