reserve
Utah approves putting state money into gold and silver to protect state reserve funds
via moneymetals (Salt Lake City, Utah) – Utah Governor Spencer Cox signed legislation on Thursday empowering the state Treasurer to secure state funds with a significant allocation to physical gold and silver. Sponsored by Rep. Ken Ivory, House Bill 348 permits the Treasurer …
Delinquent loan for 982-unit Reserve At Brandon, near Tampa.
Source: @cred_iq — Shashankh Aryal (@aryal1994) March 13, 2024 ZMR Capital Lands $207M for Tampa Acquisition ZMR Capital has acquired The Reserve at Brandon, a 982-unit community in Brandon, Fla. NorthEnd Equities sold the property, previously purchased in 2019 for …
Federal Reserve slashes balance sheet; analysts foresee market downturn amid liquidity drop.
The Federal Reserve has significantly reduced its balance sheet. Some analysts predict a market downturn due to the decrease in liquidity, which has been exacerbated by 11 interest rate hikes that typically take 18 months for the market to digest. …
Jenna Ellis attempts to reserve a seat on the Trump Train. The train may be booked solid, Jenna.
I’ve seen enough. This is despicable and a blatant attempt to destroy America and give Democrats power. We cannot let this stand. The Supreme Court did the right thing constitutionally yesterday for the rule of law. Trump remains on the …
Government funding bill: 1050 pages, mandates sale of entire US gasoline reserve, followed by reserve infrastructure closure
Not just sell it, they then have to close the entire reserve infrastructure it looks like. pic.twitter.com/Rw7txW07rS — Tom Fisher (@TomFisher37) March 3, 2024 https://docs.house.gov/billsthisweek/20240304/HMS31169.PDF
The Sisyphus Economy! Top 1% Of Earners Gaining Wealth Relative To Middle Class Thanks To The Federal Reserve And Federal Government Policies (Top 1% Have More Wealth Than The Middle Class)
by confoundedinterest17 According to mythology, Hades made King Sisyphus roll a huge boulder endlessly up a steep hill in Tartarus. Unfortunately, the modern day version of Sisyphus is the middle class pushing a boulder endlessly up a steep hill while the top …
Australia wants to cut interest-rates but does not want to move before the US Federal Reserve
via notayesmanseconomics This morning we have heard from the Reserve Bank of Australia. Times have been getting harder in a strategic sense for the land down under as the Chinese economy has struggled. Last year was one where the consensus …
Trump Vows to Oust Federal Reserve Chairman Jerome Powell If Re-elected in 2024…
Trump has said he would fire Federal Reserve Chairman Jerome Powell if elected in 2024. pic.twitter.com/JfE8q2wik3 — Sprinter Press (@SprinterPress) February 2, 2024
JPig Morgan, Citi And Goldman Sucks Drafting Landmark Lawsuit Against The Fed. ( About being forced to carry a higher reserve threshold)
A group of America’s biggest banking titans are considering whether they should pull a shocking move – suing the U.S. Federal Reserve. JPMorgan Chase, Citibank and Goldman Sachs are on the list of major banks that, using their trade group, …
It’s official: Federal Reserve Board announces the Bank Term Funding Program (BTFP) will cease making new loans as scheduled on March 11. The program is confirmed to expire but usage continues to rapidly pick up speed!
Source: https://www.federalreserve.gov/newsevents/pressreleases/monetary20240124a.htm TLDRS: The Federal Reserve Board announces the Bank Term Funding Program (BTFP) will cease making new loans as scheduled on March 11 This past week, total outstanding amount of all advances from the liquidity fairy under the Bank Term …
China’s Economic Strategy Unveiled: Reserve Requirement Cut to Ignite Growth
In a move to stimulate lending and combat economic challenges, China announced a forthcoming reduction in the reserve requirement ratio (RRR) for banks. People’s Bank of China Governor Pan Gongsheng shared that the RRR will be lowered by 0.5 percentage …
Federal Reserve Caught in a Conundrum as Economic Indicators Send Mixed Signals
The Federal Reserve finds itself in a bind, hesitant to acknowledge potential rate cuts in March due to concerns about the draining of reverse repo and the looming reserve constraint for small banks. The housing market, a reliable barometer of …
Banks on the Brink: If Assets Marked to Market, Wall Street Giants and the Federal Reserve Face Insolvency.
by OtaraMilclub If banks were required to mark their assets to market, as they did prior to 2009, the entire banking industry, including the too big to fail wall street banks would be insolvent, along with the Federal Reserve. Does …
Market challenges Federal Reserve, easing conditions with “core” CPI double the target. Communication issues fuel inflationary concerns.
The market is literally bullying the @federalreserve – i.e., loosening financial conditions w/ "core" CPI at 2x the @federalreserve's target. This, as @elerianm correctly stated, is what happens when you have a communication problem at the Fed (as we currently …
Vivek Ramaswamy plans to cut U.S. Federal Reserve staff by >90%, focusing on stabilizing the dollar.
Vivek Ramaswamy has said, if elected: I will reduce headcount at the U.S. Federal Reserve by >90% and limit its scope to doing exactly *one* thing: stabilize the dollar as a stable unit of measurement. pic.twitter.com/8lZBGZqkwH — unusual_whales (@unusual_whales) December …
Sudden SOFR Spike Sparks Concerns of Mounting Reserve Shortage and Surging Overnight Repo Rates.
A sudden spike in SOFR (Secured Overnight Financing Rate) points to a mounting reserve shortage and an overnight repo spike, surprising many as SOFR printed at 5.39% on Friday. This departure from the market’s accustomed pattern, where overnight Repo GC …
Positioning for an economic hard landing and aggressive Federal Reserve easing next year is spreading across the US interest-rate markets.
Everywhere You Look, Rates Traders Are Piling Into Rate-Cut Bets (Bloomberg) — Positioning for an economic hard landing and aggressive Federal Reserve easing next year is spreading across the US interest-rate markets. In the cash bond market, JPMorgan Chase & …
The Federal Reserve has confirmed that zero reserve requirements for depository institutions will persist through 2024.
The Federal Reserve Board today announced technical details related to reserve requirements for depository institutions, which will remain zero… Reserve requirements for depository institutions Source: https://www.federalreserve.gov/newsevents/pressreleases/files/bcreg20231127a1.pdf Wut Mean?: The Federal Reserve Board announced that the reserve requirements for depository institutions …
Federal reserve banks are now tax exempt
https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section531&num=0&edition=prelim h/t User1two9
Janet Yellen now says Americans should expect a decline in the USD as the world’s reserve currency.
The U.S. dollar saw an 8% decline in its share of global reserves in 2022 — causing some to question whether the dollar’s days of dominance are over. Treasury Secretary Janet Yellen gave her two cents on the matter of …
US Congress BAN’s the Federal Reserve from creating a Central Bank digital currency
BREAKING: The House Financial Services Committee has banned the Federal Reserve from creating a Central Bank digital currency. — Leading Report (@LeadingReport) September 20, 2023 CORRECTION:Congress must AUTHORIZE a central bank digital currency. Source below. “House Financial Services Committee…prevents the …
These 10yr yields can’t stop, won’t stop pushing higher until or unless Federal Reserve announce “YCC program” or let one of G-SIBs fail.
by DesmondMilesDant Imagine 5% 10yr bond yield.
Rep. Tom Emmer introduces a bill to ban the Federal Reserve from creating a Central Bank Digital Currency.
JUST IN: Rep. Tom Emmer introduces a bill to ban the Federal Reserve from creating a Central Bank Digital Currency. "A CBDC is nothing more than a CCP-style surveillance tool that can be weaponized to oppress the American way of …
The Federal Reserve has officially reported a loss of $57 billion for the first six months of 2023
via mises: The Federal Reserve has officially reported a loss of $57 billion for the first six months of 2023. Quite a number! So the “Federal Reserve Banks Combined Quarterly Financial Report as of June 30, 2023” (CQFR)—a little-known document—is especially notable …
The Biden regime drained the SPR to artificially depress fuel prices at the pump to boost Biden’s plunging approval rating, and now this emergency reserve has been depleted to its lowest level since 1985
US oil inventories have collapsed as measured by days of supply as well. Below 1982 levels! pic.twitter.com/N7Ps2UGo6w — Josh Young (@JoshYoung) September 9, 2023 h/t Simian_Stacker
Rising Oil Prices Might Be What Tips US Into Recession As Biden Drains The Strategic Petroleum Reserve (Crude Oil Reserves Lowest Since 1985)
by confoundedinterest17 Its hard to watch Biden and The Progressive Greens destroy the enegy security of this great nation. Biden is draining the Strategic Petroleum Reserve, probably in a misguided attempt at ensuring we never go back to abundent petroleum …
The rig count is still in plunge mode… The United States drained its strategic reserve… Crude oil prices rise above $87.00 for the first time since November 2022 as Saudi Arabia extends production cuts
The rig count is still in plunge mode… *A cumulative $4.9T of investments in global upstream oil and gas are needed by 2030 to meet market needs and prevent a supply shortfall" —International Energy Forum (IEF) and S&P Global Commodity …
Goldman Sachs expects core inflation to fall enough for the Federal Reserve to start cutting rates in Q2 2024… This is a joke right?
by AdMaleficent2789 Goldman Sachs expects core inflation to fall enough for the Federal Reserve to start cutting rates in Q2 2024, but economists leave the door open for a higher-for-longer scenario. By Q2, “we expect core PCE inflation to have fallen …