Weipedia Aug 142 min readInflation Cools to 3% - Top Bank Warns It May Stay Higher. Why?June CPI was the lowest at 3%. The next day, Jamie Dimon & the Fed said interest rates might stay higher. What is happening?
Weipedia Aug 31, 20231 min readChoosing Between Fixed or Floating Rate for a Housing LoanI understand that the floating rate now is currently higher than the fixed rates. This is call inverted yield. If your loan is due for....
Weipedia Aug 14, 20232 min readThe Impact to Quantitative Tightening by $1 Trillion “Quantitative tightening” or “Fed shrinking the balance sheet” refers to the same thing. It is a process where the Fed takes steps to...
Weipedia Aug 1, 20233 min readFOMC Press Conference on 26 July - Key Transcript It is a 28-page transcript taken on 27th July, and I have highlighted some of his key statements.