The Fed Whisperer Speaks

  • THE FED WHISPERER: Nick Timiraos at the Wall Street Journal writes that the Federal Reserve officials are preparing to slow interest-rate increases for the second straight meeting and debate how much higher to raise them after gaining more confidence inflation will ease further this year…(Wall Street Journal)
  • WAIT, WHAT? Two of the biggest banks to cryptocurrency companies are rushing to stem a flood of customer withdrawals by borrowing billions of dollars from Federal Home Loan Banks, the system originally designed to support mortgage lending in the 1930s…(Wall Street Journal)
  • AMERICA THE BLAND: Across the country, new developments are starting to look the same, raising fears that cities are losing their unique charm. But in the current housing crisis, does that matter? (New York Times)
  • BIDEN’S ECONOMY: Americans were slightly more approving of the way that President Biden is handling the economy with 38% approving while 60% disapproved…(ABC News)