Tag: Federal Reserve

Prof. Antony Davies: 10 Myths About Government Debt

ANTONY DAVIES: Myths about the government debt. Myth number one, the government owes 20 trillion dollars. How much is 20 trillion dollars? Suppose you go to Germany, and in Germany, you go to every town. In every town, you visit every store. In every store, you look at every shelf and grab everything that is for sale. The amount of ...

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Brian Balfour | The Creature from Jekyll Island: The Federal Reserve | Fall Classical Summit

Foreign my name is Brian Balfour I'm a senior vice president of research at the John Locke Foundation the lock Foundation is a public state-based public policy organization located in Raleigh we focus on all sorts of issues from fiscal policy and education policy to election issues and energy issues ETC primarily At the state level my background is in ...

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Get Ready – Silver Price To Repeat Palladium Situation – Willem Middelkoop | Silver Price Forecast

Currently there is a high concentration of short positions in both silver and gold however the strong physical demand for silver is likely to surpass these positions which poses a significant risk the prices of silver will have to increase considerably similar to the trend observed with Palladium the example of Palladium serves as Evidence of how this situation will ...

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US Mortgage Rates Fall in Biggest Decline Since March

U.S. mortgage rates dropped from an eight-month high, after nearing 7 percent last week, as inflation slows ahead of next week’s Federal Reserve policy meeting. The Fed’s aggressive interest-rate hike policy sent mortgage rates well above 7 percent last year, causing the once booming housing market to crash. Rates have been slow to decline from the nearly two-decade high, forcing many potential buyers out ...

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Top Fed Regulator Cautions AI Risks Violating Lending Laws

Artificial intelligence could come with both advantages and risks in the financial system, cautions the Federal Reserve’s chief banking regulator. Michael S. Barr, the Fed Vice Chair for Supervision, told the National Fair Housing Alliance 2023 National Conference on July 18 that underserved communities could have greater access to housing because AI technology, such as machine learning, might ensure affordable ...

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