Tag: Federal Reserve System

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What is the Federal Reserve’s sentiment prior to its November meeting? Does it impact you?

We are in the quiet period here in the United States where the Federal Reserve conducts its media blackout prior to its next Federal Open Market Committee meeting. The markets are expecting at least one more change in the federal funds rate, the rate at which member banks lend each a portion of the reserves … Continue reading What is the Federal Reserve’s sentiment prior to its November meeting? Does it impact you?

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Interbank market: At 11: 56 pm EST, no change in the 30-day Federal Funds Futures …

The data … 30-day Federal Funds Futures: 94.55 Interest on Reserve Balances: 5.40% Discount Window: 5.50% Effective Federal Funds Rate: 5.33% U.S. Treasury 10-year bond: 4.91% The takeaway … Between August 2022 and August 2023, the U.S. monetary base has fallen 2.36%. The monetary base is comprised of currency in circulation and reserve balances. Currency … Continue reading Interbank market: At 11: 56 pm EST, no change in the 30-day Federal Funds Futures …

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Could dollar weakening be in anticipation of the jobs report?

Currency pair 2 October 2023 3 October 2023 4 October 2023 5 October 2023   EUR/USD 1.0489 1.0472 1.0508 1.0547 Dollar weakening GBP/USD 1.2099 1.2077 1.2139 1.2193 Dollar weakening AUD/USD 0.6366 0.6303 0.6322 0.6370 Flat USD/JPY 149.8064 148.8225 149.1097 148.5140 Dollar weakening USD/CHF 0.9180 0.9207 0.9171 0.9131 Flat USD/CAD 1.3671 1.3711 1.3744 1.3714 Dollar strengthening … Continue reading Could dollar weakening be in anticipation of the jobs report?

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How do Blacks navigate a currency system they did not create? By showing they know the currency system better than anyone else.

Black Americans have been making arguments about reparations for slavery for decades. The argument that the United States owes the descendants of Africans brought to the United States is a powerfully emotional one. Today’s Blacks are either descendants of African indentured servants who saw their contracts for freedom broken by wealthy Anglo-Saxon landowners, merchants, or … Continue reading How do Blacks navigate a currency system they did not create? By showing they know the currency system better than anyone else.

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What interest rates are staring back at the Federal Reserve. 12:26 am EST 30 August 2023.

Fed Funds Futures. 30-Day Federal Funds Futures rate=94.56 Source: CME Group. Federal Reserve Reference Rates. Discount window rate=5.50% Interest on reserve balances=5.40% Effective federal funds rate=5.33% Overnight reverse repo rate=5.30% Source: Board of Governors of the Federal Reserve System. Federal Reserve Bank of New York. Treasurys. 30-year rate=4.29% 10-year rate=4.20% Source: Board of Governors of the Federal Reserve System. … Continue reading What interest rates are staring back at the Federal Reserve. 12:26 am EST 30 August 2023.

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Bankruptcy filings, in my opinion, are telling of Federal Reserve’s attempts at slowing down the economy.

We cannot speak statistically to causation but do see a correlation between contraction in the economy and bankruptcy filings. If the Federal Reserve’s monetary policy is not yet done, the increase in bankruptcy filings may be far from over as well. Continue reading Bankruptcy filings, in my opinion, are telling of Federal Reserve’s attempts at slowing down the economy.

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After a dip in yields, the Fed sees rates for the 30 and 10-year bonds tick back up. 10:16 pm EST, 22 August 2023.

Fed Funds Futures. 30-Day Federal Funds Futures rate=94.565 Source: CME Group. Federal Reserve Reference Rates. Discount window rate=5.50% Interest on reserve balances=5.40% Effective federal funds rate=5.33% Overnight reverse repo rate=5.30% Source: Board of Governors of the Federal Reserve System. Federal Reserve Bank of New York. (Ready for another trader challenge? https://traderswithedge.com/?r=348 ) Treasurys. 30-year rate=4.45% 10-year rate=4.34% Source: Board … Continue reading After a dip in yields, the Fed sees rates for the 30 and 10-year bonds tick back up. 10:16 pm EST, 22 August 2023.