As the Fed raise interest rates at the fastest pace in history. Then they wonder why it all broke. Can anyone say credit crunch? May 9, 2023 3:44 pmMay 9, 2023 9:23 am
What banks need is a recession and lower interest rates ASAP. Because they can’t make money borrowing at a Fed rate of 5% against a bond portfolio yielding 2%. But, rates won’t come down until banks implode May 8, 2023 8:53 amMay 7, 2023 9:57 pm
Deutsche Bank is now offering 2.4% interest on 1y fixed saving account to retain or attract customer deposits. May 2, 2023 8:42 am
Credit Card debt in the U.S about to pass $1 TRILLION. Average interest rate on that debt is 24.24%. April 29, 2023 8:08 pmApril 28, 2023 8:31 am
Congratulations To The Bipartisan Bill To Raise Our Debt Celing So We Have Money To Pay Interest On Our Ballooning National Debt Now Reach Almost $1 Trillion. April 28, 2023 7:21 am
$31.4 trillion in debt currently….$1 trillion, 20% of tax revenue, will be going to pay interest on debt… 5% inflation is new standard in US April 27, 2023 4:35 pmApril 26, 2023 8:18 pm
U.S. home prices see biggest annual drop in more than a decade as interest rates soar April 25, 2023 3:35 pm
Net interest income and net interest margins. This is all you need to know about FRC and where it’s headed. April 25, 2023 10:54 am
Person interest payments have increased by 100% in the past 18 months. Credit crunch is taking out auto lending home lending and commercial real estate. April 20, 2023 2:46 pmApril 19, 2023 1:04 pm
Federal Reserve Alert! “In the interest of further strengthening transparency and accountability, the 12 Reserve Banks have agreed to adopt a common policy for public requests for information and expect to implement this policy by the end of this year.” April 12, 2023 10:14 am
New York Times: “It may be in no one’s interest to reveal more [about] who blew up the Russian-backed Nord Stream pipelines” April 10, 2023 8:40 amApril 8, 2023 7:17 pm
Interest rates are not going down, inflation is still high, pressure is building up … April 6, 2023 8:38 pm
Schwab is defaulting cash positions to Bank Sweep (0.45% interest rate) as opposed to Money Market Funds (4.8%). March 29, 2023 3:50 pm
The market doesn’t crash when interest rates go up, the market crashes when interest rates go down. March 27, 2023 7:54 pm
To the moon! The interest payments of the US Government as old debt is rolled into new one. March 25, 2023 3:43 pmMarch 22, 2023 3:55 pm