Federal Reserve Chair

Federal Reserve Chair Says A Double-Size Rate Hike Coming In May

Federal Reserve Chair Says A Double-Size Rate Hike Is On The Table In May. Thus, Making Mortgages, Car Loans, And Credit-Card Interest More Pricey. Federal Reserve Chair Jerome Powell said Thursday that the fed will soon issue a double-size rate hike. The central bank wants to ramp up its fight to cool inflation. The Fed’s […]

Federal Open Market Committee

Federal Open Market Committee Raises Interest Rates

Federal Open Market Committee Raises Interest Rates As The Country Recovers From The Covid-19 Pandemic. Fed Plan 6 More Rate Increases The Federal Open Market Committee of the Federal Reserve raised interest rates for the first time in four years. Thus, marking an end to the easy money that gave rise to the hottest mortgage […]

federal reserve

Federal Reserve Goes On A Mortgage Debt Shopping Spree

Federal Reserve Goes On A “Sex & The City” Style Shopping Spree For Mortgage Debt The Federal Reserve pledged on Monday to buy unlimited amounts of Treasuries and mortgage-backed bonds to stabilize the mortgage markets. The Fed hopes it will have the same effect as when it rescued the economy in 2008. The Federal Reserve set a […]

morgan stanley

Morgan Stanley Says US Economy Is Heading Toward A Bear Market

Morgan Stanley Says Bond Market Sending Warning Signals That American Economy Is Heading Into Recession Morgan Stanley warned the stock market and economic outlook in the United States are deteriorating. Renewed trade tensions and a slump in economic data has put U.S. profits and economic growth at risk.  Chief Equity Strategist Michael Wilson of Morgan […]

Acting CFPB Director

Acting CFPB Director Mick Mulvaney Appointed Racist Policy Official

Acting CFPB Director Mick Mulvaney Bypassed Competitive Hiring Policy By Appointing Racist Policy Official Senate Democrats have called for acting CFPB Director Mick Mulvaney to explain the vetting process that led to the hiring of a political appointee whose past includes incendiary writings. In 2004, CFPB Policy Official Eric Blankenstein blogged whether the n-word was inherently racist. […]

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