The Federal Reserve is attempting to reposition the primary credit facility as a source of daily liquidity, almost a century after it initially attempted to prevent regular borrowing from its traditional backstop program, known as
US 34 Trillion in Debt…
Congress Thinks a Commission could help… How? A House committee approved a plan on January 18th that would establish a bipartisan panel to address the nation’s spiraling debt and provide policy recommendations to Congress. The
Interest Payments on US Debt…
Almost the amount spent on defense. This year, investors are becoming concerned about the US’s massive debt load. Over the next five years, the government will probably spend more on interest payments than on defense.
FedNow Users and Possible Fraud
The Federal Reserve is gathering input from users of the new quick payments system while considering the adoption of new instruments to combat fraud. During a webcast on Wednesday, the Federal Reserve stated that participants
Future Challenge: America’s Growing Debt
Washington’s efforts to control US debt are centered on the regular auctions of new Treasury bills. Ideally, these are unnoticed events for all parties concerned. One frequently mentioned explanation is the relentless tightening of monetary
Inflation is Still Here. Gold at All-Time High…
What’s The Fed Doing? Ahead of the Federal Reserve’s final policy statement of the year, which is scheduled for release this Wednesday afternoon, the Consumer Price Index (CPI) report for November will provide the final
What Fed’s Rate-Hike Pause Mean to You and Your Money.
In the wake of the Federal Reserve’s recent decision to extend the pause on rate hikes, subtle changes are occurring in the financial environment that affect a variety of industries, including credit cards, loans, and
Kiyoski, “America is now Bankrupt.”
There is reason for concern regarding the state of the US economy at the moment. Renowned financial educator Robert Kiyosaki voiced serious concerns about the state of the country’s finances on a recent broadcast of
What will Israeli-Hamas War do to Markets and Why Gold is Always Good.
The recent Israeli-Hamas crisis has increased geopolitical unpredictability, which has a negative impact on the financial markets. Investors are left wondering about the potential repercussions for their portfolios as the globe waits to see what
The Fed warns there are Geopolitical Risks to the Financial System
The US central bank claims that the war in Ukraine and the Middle East pose a risk of market “spillovers.” Increased risks of higher inflation and weaker growth are brought on by escalating geopolitical tensions,