Beth Hammack states that several rate increases are necessary to combat US inflation.
Analysis on July Jobs Report and Interest Rate Hikes Former Federal Reserve Chairman Stephen Millan discussed the July jobs report on “Maria Bartiromo’s Wall Street,” expressing concerns that central banks might be limiting the labor market. Cleveland Fed President Beth Hammack mentioned on Monday that multiple interest rate increases will likely be necessary to prevent […]
Dow drops 1,150 points amid inflation concerns following Fed interest rate decision
On Wednesday, stocks dropped significantly due to inflation worries after the Federal Reserve opted to keep interest rates steady. Meanwhile, oil prices surged nearly 6% amid fears of a prolonged conflict involving Iran. The Dow Jones Industrial Average declined by 1,150 points, translating to a 2.2% decrease. The S&P 500 and Nasdaq followed suit, falling […]
Fauci’s Journal Reveals He Misled the Public on Coronavirus Death Rate
Fauci’s Diary Reveals Discrepancies in COVID-19 Fatality Rate Statements Anthony Fauci, the former head of the National Institute of Allergy and Infectious Diseases, seems to have misrepresented the fatality rate of the coronavirus. Initially, he stated it was between 2% to 2.5%, but later noted in his private diary that it was actually “more like […]
Fauci estimated a lower death rate from COVID than what he shared with Congress.
Dr. Anthony Fauci’s personal diary from the early days of the coronavirus pandemic reveals that his private estimates of the disease’s death rate were notably lower than what he later communicated to Congress under oath. Fauci, now 85, has faced significant scrutiny for his handling of the U.S. response to COVID-19 and for his alleged […]
Study: Homicide Rate Set to Reach Lowest Level in 126 Years, 8 Cities Go Against the Trend
On Thursday, the Council on Criminal Justice (CCJ) reported an 18% decrease in homicides in major U.S. cities during the first half of 2026, marking the lowest homicide rate seen since at least 1900. However, eight cities experienced increases in their murder counts. The CCJ’s analysis examined data from 36 cities, revealing that there were […]
EUR/JPY continues to rise as talk of an ECB rate increase puts pressure on the Yen
The EUR/JPY pair saw an increase for the third consecutive day, and traders are hopeful for a positive finish as they look ahead to the weekend. Interestingly, the euro hasn’t fully capitalized on the European Central Bank’s (ECB) optimistic signals regarding interest rates for September, as reported by sources from Bloomberg. Euro rises as ECB’s […]
Freddie Mac reports that the 30-year fixed mortgage rate has hit an 11-month peak.
Marcus Lemonis asserts that skyrocketing housing prices are mainly a result of inadequate supply rather than just regulatory issues. He points out the significance of permits and safety inspections, and challenges the notion that reducing bureaucratic barriers would drastically cut prices. This week, mortgage rates saw another increase, hitting their highest level in almost a […]
New Zealand Dollar climbs above 0.5850 as stronger CPI data supports the argument for additional RBNZ rate increases.
The NZD/USD currency pair saw some buying interest during the early hours of Asian trading on Tuesday, climbing to about 0.5865. This slight increase in the New Zealand dollar (NZD) against the US dollar (USD) followed the release of encouraging inflation figures from New Zealand. Traders are also looking ahead to the upcoming U.S. ADP […]
Ohio Democratic gubernatorial candidate references 50% COVID death rate to support their record
Democratic gubernatorial candidate for Ohio, Amy Acton, is facing criticism from her Republican opponent, Vivek Ramaswamy, after claiming that the death rate from COVID-19 was 50% higher during the early stages of the 2020 pandemic. Acton believes these figures highlight her strong leadership while serving as the director of the Ohio Department of Health. In […]
Euro dips as Yen strengthens amid risk aversion, ECB rate increase anticipated
As of Thursday, EUR/JPY was hovering around 185.80, showing little change for the day after reaching a one-month peak earlier this week. The euro (EUR) continues to get support from expectations of further monetary tightening from the European Central Bank (ECB), though it has weakened a bit as the Japanese yen (JPY) has found some […]