10-year Treasurys: 4.22% EUR/USD=0.9895 USD/JPY=147.2200 GBP/USD=1.1279 Overnight bank funding rate: 3.82% Secured overnight financing rate: 3.78% Broad general collateral rate: … More
Category: banks
Federal Reserve rates of interest as of 4:15 pm, 2 November 2022
10-year Treasurys: 4.07% EUR/USD=0.9934 USD/JPY=147.6800 GBP/USD=1.1573 Overnight bank funding rate: 3.07% Secured overnight financing rate: 3.05% Broad general collateral rate: … More
What are today’s cryptocurrency, foreign exchange, and bank reference rates on 19 October 2022, 9:00 am EDT
BTC/USD=19,172.00 ETH/USD=1,298.59 XRP/USD=0.4549 10-year Treasurys: 4.111% EUR/USD=0.9781 USD/JPY=149.7200 GBP/USD=1.1242 DXY=112.86 Overnight bank funding rate: 3.07% Secured overnight financing rate: 3.04% … More
So, as interest rates climb and businesses shrink, where are the nine-to-fivers going to go?
There are a significant number of naysayers on YouTube warning of impending gloom and doom as the U.S. central bank, … More
Maxine Waters’ HR 2543 gives me the impression that Congress does not understand banking …
HR 2543 serves no other purpose but to rile up Senate Republicans and make them the scape goat for failed policy.
How can the private sector help government navigate an uncertain second half of the 21st century?
As I shared in my last post, I see the current conflict in eastern Europe as a milestone in the … More
Interbank Market News Scan: White House, Treasury focus on economics and finance to neutralize Russia’s military invasion …
Interbank, U.S., White House. The White House provides additional details on how it will impose sanctions on Russia. See press … More
Sofi Bank, NA approved on condition that it doesn’t play in the cryptocurrency space …
Released 18 January 2022 WASHINGTON—The Office of the Comptroller of the Currency (OCC) today conditionally approved applications from Social Finance … More
No surprises out of Powell’s nomination hearing …
The real economy isn’t supposed to support everyone. It is supposed to employ an optimal number of employees that produce … More
Will the Fed decrease the supply of currency for trade?
A review of the minutes from the Federal Open Market Committee meeting last month left me with the impression that … More
Alton Drew, Consiglieri 