Fed Raises Interest Rates by 0.75 Percentage Point to Combat Inflation
Federal Reserve raised interest rates by another 0.75 percentage point during the July Federal Open Market Committee (FOMC) policy meeting.
What’s Next After House Passes Debt Ceiling Deal
U.S. House of Representatives passed bipartisan legislation to suspend the nation’s debt limit through Jan. 1, 2025, despite opposition on both sides of aisle.
Major Food Crisis Coming In 2023? – “Prices Will Be On Steroids After The...
We are being warned that food prices in the U.S. are going to go absolutely haywire after the election in November 2022.
What’s Inside McCarthy’s Debt Ceiling Deal With Biden
After months-long standoff, Speaker Kevin McCarthy and President Joe Biden reached a final deal to raise the debt ceiling, which now heads for vote in Congress.
First Citizens Shares Soar After Announcing Deal to Buy Failed Silicon Valley Bank
The share price of First Citizens Bank has soared this week following news that it would buy much of the failed Silicon Valley Bank in the wake of its collapse.
McCarthy Confident He Can Win Enough Votes for Tentative Debt Ceiling Deal
Speaker of the House Kevin McCarthy said he’s confident he can garner the votes for a tentative debt ceiling deal between Republicans and President Joe Biden.
Is the Fed Trying to Wean Markets Off Monetary Policy?
The Fed however, may be attempting to implement a contrarian, controlled demolition of the U.S. bubble-economy through interest rate increases. ~ Alastair Crooke
This $6 trillion problem threatens to push inflation even higher
Following 2008 financial crisis, Fed created trillions of dollars to keep banks afloat while Bernanke paid banks to park money at Fed and limit inflationary effects.
Fed Hikes Rates by a Quarter Percentage Point Despite Recent Bank Failures
Federal Reserve raised interest rates by 25 basis points, lifting the benchmark federal funds rate to a range of 4.75–5.0 percent, the highest since late 2007.
Dan Bongino: Will DIGITAL CURRENCY become biggest surveillance tool in human history?
Cryptocurrency expert Layah Heilpern sounds the alarm on Federal Reserve chairman Jerome Powell calling for digital currency regulation.
America’s Economy Fell Into a Technical Recession, New GDP Data Confirms
Latest readings on U.S. GDP for 2nd quarter saw economy contract at slightly slower pace, but it still remains in a technical recession.
The Real Cost of Inflation for Most Americans
The June inflation figure of 9.1 percent, highest since 1981, doesn’t tell half the story of how expensive life has become for Americans.
