font size The money supply is declining in absolute terms. Additional tightening by the US Federal Reserve risks triggering a recession, writes Robert Heller. El Drago/Bloomberg About the author: Robert Heller He is a former member of the Board of Governors of the Federal Reserve System. Inflation is the most important issue facing the economy … Read more
The M1 and M2 numbers are from the Federal Reserve, and the ODL is derived from M2, as shown below. The above chart data is from the Federal Reserve H.6 Funds stock reportreleased on January 24. monetary tariffs M1 consists of (1) currency outside the US Treasury, Federal Reserve Banks, and depository institution vaults; (ii) … Read more
Fremont Public Schools has suspended distribution of the racial diversity and LGBTQ+ confirmation book in fall 2022 after complaints from several local parents, officials confirmed Monday, Jan. 23. The book, titled “We’re All Welcome,” was purchased under a federal program by Washington Elementary School Superintendent Erica Kobza and, according to elementary school superintendent Mark Shepard, … Read more
Company customers who are having difficulty paying their heating bills are encouraged to contact the utility now to sign up for payment plans or to receive referrals for billing assistance programmes. More than 55 million Americans struggled to pay energy bills in 2021, and millions more will likely struggle this year. Heating bills have increased … Read more
Federal Reserve officials continue to warn that more interest rate increases are coming because they don’t see the labor market softening enough for inflation to reach 2%. Above, US Postal Service employees work at the Los Angeles processing and distribution center. Mario Tama/Getty Images font size The economic data released last week seems to tell … Read more
By the law firm of Lina A. Clark A minor’s trust is designed to hold property and assets until they reach the age of majority to receive it. These trusts usually provide instructions on how to hold the money, property, or other assets until the minor reaches distribution age. Through the Trust Fund for Minors, … Read more
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