While Jerome Powell, chairman of the Federal Reserve System, has admitted that there will be pain along the way as rates tighten to combat inflation, President Biden has not been as definitive about the expected stress Americans are expected to bear should increased rates result in business cycle downturn and layoffs.
India. Sensex. Federal Reserve. “Benchmark indices closed lower on Wednesday amid mixed global cues ahead of the US Fed decision … More
China. yuan. prime rate. “Under the authorization of the People’s Bank of China (PBC), the National Interbank Funding Center (NIFC) … More
How the globe views the dollar affects you in the United States….
The mainstream media adds a fear premium in every political story it writes. Nancy Pelosi’s trip to Asia is another example. The Speaker of the House and Democrat of California said her trip is intended to focus on “mutual security, economic partnership and democratic governance.”
Today, Commissioner Summer K. Mersinger expressed concerns over the Commodity Futures Trading Commission’s Division of Clearing and Risk’s decision to … More
July 26, 2022 Washington, D.C. — The Commodity Futures Trading Commission’s Division of Clearing and Risk (DCR) today issued a no-action … More
The PBOC, SHCH, and SHCH’s clearing members that are U.S. persons or affiliates of U.S. persons should not be able to avoid Commission requirements through perpetual extensions of no-action relief.
FX rates as of 9:34 am 15 July 2022 Currency Pair Exchange Rate GBP/USD 1.1833 USD/XCD 2.7000 USD/JMD 149.9110 USD/DOP … More
FX rates as of 9:06 am 14 July 2022 Currency Pair Exchange Rate GBP/USD 1.1898 USD/XCD 2.7000 USD/JMD 149.4500 USD/DOP … More