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rates

A collection of 2 posts
dallas

Former Dallas Fed President Richard Fisher: 'I don't think the Fed should pause the 25 basis point hike'

Per CNBC The former President of the Dallas Federal Reserve, Richard Fisher, has shared his thoughts on the recent crisis that started with the collapse of Silicon Valley Bank. He said that the Feds shouldn't raise rates and that the banks failed when it came to managing risk.
22 Mar 2023 1 min read
inflation

15-Year-High Interest Rates Result in Americans Sinking Deeper Holes with Poor Loan Terms

Per Bloomberg As interest rates reach a 15-year-high, Americans are now forced to agree to unfavorable loan terms. Almost a third of car buyers are now taking six- to seven-year loans to help them afford the purchase. Ludwig Institute for Shared Economic Prosperity economist Philip Cornell gave a statement regarding
27 Dec 2022 1 min read
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