Excellent piece by @judyshel. “Through multiple rounds of quantitative easing, including vast new purchases of Treasury’s during the 2020 pandemic, the Fed has become the LARGEST single holder of U.S. national […]
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Federal Reserve is likely to hold interest rates steady this week. Here’s what that means for your money
Despite escalating political pressure, the Federal Reserve is widely expected to hold its benchmark short-term borrowing rate steady at its meeting this week. All sorts of consumer borrowing costs could […]
5 years of waiting and America welcomes… What does it mean for Iraq to join the European Bank?
The European Bank for Reconstruction and Development officially included Iraq in its membership, becoming the 74th member of the multilateral lender, and the US administration welcomed this step. *Official Media […]
What is the relationship of Arab banks in Iraq? A parliamentarian reveals an American plan to maintain the dollar crisis
Information/Private. Today, Wednesday, Member of Parliament Ali Al-Jamali revealed an American plan to continue the dollar crisis in Iraq, while stressing that the recent measures issued by Washington to ban […]
The federal government is headed into a shutdown. What does it mean, who’s hit and what’s next?
WASHINGTON (AP) — The federal government is heading toward a shutdown that will disrupt many services, squeeze workers and roil politics as Republicans in the House, fueled by hard-right demands for deep […]