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changing the rate to correct course should things veer too hard in one direction or the other. It can raise rates (much like it did in 2022 and 2023) to cool an overheated economy and tamp down inflation, but it will lower rates (like it did in September...
You borrow $1,000 for one year at 5% interest to buy a couch. Although you did not anticipate any inflation, there is unexpected inflation of 5% over the life of the loan. a. What was the real interest rate on your loan? b. Explain how you gained from t ...
So that’s quite a period of time and the Fed did say that going forward, don't expect 50bp cuts, that wouldn't be the norm. So our view is, we have two more rate cuts through the end of the year. If the data is weaker, we could have a 50bp cut in November and then a ...
"Though Trump ultimately did sign the bill that sent stimulus checks to Americans, he isn't solely responsible for them." In other words, there would first need to be legislation passed by Congress to authorize another stimulus check, something that currently isn't on the horizon. Would a ...
so stealing it wouldn’t infringe on the rights of the small business they stole it from — you know, for constitutional purposes…The U.S. Department of Justice (DOJ)arguedthat confiscating $50,000 from a small business did not infringe the business’ right to private property because money...
The Deep State is the federal bureaucracy that creates laws, enforces them, and judges and punishes transgressors, which means it possesses all three powers that are supposed to be separate in America: legislative, executive, and judicial.
Kennedy wants to stop the feds from adding fluoride to the water supply, which helps prevent tooth decay. Kramer asked Adams if he would eliminate fluoride in the city's reservoirs. The mayor said he would consult with city and state experts. ...
convinces me that we would get it. But certainly if we did get it, or if productivity growth were higher, it would be easier by an order of magnitude to live with price stability. CHAIRMAN GREENSPAN. We do see significant acceleration in ...
"The anticipated increase in oil prices for the rest of the year as a result of these voluntary cuts could fuel global inflation, prompting a more hawkish stance on interest rate hikes from central banks across the world. That would, however, lower economic growth and reduce oil demand...