Discussion Board

federal reserve (7)

Q2 GDP Revised to 3.1%, up 0.1%

The Department of Commerce revised second-quarter GDP growth by 0.1%, from 3.0% to 3.1%. The next-highest GDP growth rate hasn't occurred since Q3 2016 when the US posted a growth rate of 2.8%. 

GDP growth has been a major topic of discussion in both business and politics. Many believe that there's no reason that the US can't continue to post 3% or higher growth rates in the next few years. Others, however, believe that the days of significant GDP growth are over. 

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In a press conference on Tuesday, Fed Chair Janet Yellen said: "My colleagues and I may have misjudged the strength of the labor market, the degree to which longer-run inflation expectations are consistent with our inflation objective, or even the fundamental forces driving inflation." 

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Great read on current issues involving the Fed and its $4.6 trillion balance sheet.

Dick Bove, an equity research analyst at the Vertical Group, explains the problem with the Fed and how the Fed would be insolvent if it were judged as a private financial institution. Read more below:…

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FED Reserve Prediction

Author: Connor Vargo

Editor: Vanessa Lopez

Prediction made on December 5th, 2016

 

     The United States Federal Reserve is planning to meet on December 13th and 14th to decide whether to raise, lower, or keep interest rates the same. Their decision will have a tremendous impact on the fate of the US economy. Lowering the interest…

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Written by: Nicole Calabrese and Selman Hitscherich

Edited by: Sean P. Kingsepp

By comparing the Federal Funds Rate data to the United States GDP data between 2010 to the current day, we predict that on December 14, 2016 the Federal Reserve will increase the interest rate. When more money is put into the economy, interest rates will go down. At the same rate, if unemployment continues dropping, like it is right now, inflation will rise, meaning the Federal Reserve…

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August Jobs Report is No Indicator of Rate Hike

 

 

Large stock selloffs indicate anticipation by investors that the Federal Reserve will start raising interest rates later this month. Data from the Bureau of Labor Statistics show that the US economy added 173,000 jobs last month. This came in below expectations, although August is a month that historically comes in with lower than expected numbers. The unemployment rate dropped to 5.1%, its lowest since 2008.

These unemployment numbers may seem like good…

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You’re boring. Get used to it.

Bank owners seem to be running a system more like that of a casino than a bank.  The money being generated from the banking system would blow your mind.   With such high profits, these financial institutions are being regulated and investigated more than ever.  -AL…

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