12 USC 221 of the Federal Reserve Act provides four main purposes for the Act: To establish Federal reserve banks; … More
Category: unemployment
Taking a look at the US money supply numbers: Has the political right missed the mark?
Between February 2021 and February 2022, Board of Governors of the Federal Reserve System (BOG-Fed) data shows that M1 money … More
Interbank Market News Scan: Indian rupee strengthens against weakening dollar; US adds 467,000 jobs …
Interbank, Indian rupee. “The rupee surged 18 paise to close at 74.70 (provisional) against the U.S. dollar on Friday tracking … More
Interbank market news scan: The equity markets in the US may be closed, but foreign exchange markets are not resting in light of an improving employment picture …
The U,S, Department of Labor today reported that non-farm payrolls increased in March by 916,000 employees while the unemployment rate … More
Alton Drew, Consiglieri 