helped by an increase in the net supply of Treasury bills. With net bill supply expected to decrease as a result of the September tax date before increasing again, the staff assessed that the decline in ON RRP usage might slow over the coming intermeeting...
rate path. The median respondent to the Open Market Desk surveys expected the policy rate path to remain flat through 2023 after the peak rate was reached. On average, Desk survey respondents assigned an almost 30 percent probability to a decline in real gross domestic product (GD...
What is the appropriate discount rate to use for an investment or a business project? While investing in standard assets, like treasury bonds, therisk-free rateof return—generally considered the interest rate on the three-month Treasury bill—is often used as the discount rate. ...
On December 19, the U.S. Government Accountability Office (GAO) published a report on public financing programs in selected states and localities. The report, required by the 2023 federal appropriations bill, attempts to describe several key characteristics of public campaign financing […]...
s reality that there’s always a stray thread or two that can be pulled to create a conspiracy-based explanation. If you yearn for a simpler, linear world, then you’re happy to accept that Bill Gates and 5G technology have combined to cause the coronavirus. It’s a particularly ...
Titus is predicting the Fed will be forced to stop raising interest rates and “start cutting them early in the third quarter of 2023, and by the end of the year, we will see QE (money printing) again.” Titus says the worse things get, the more dangerous it will be for “We the ...