Rocky Mountain Voice

Menu

Tag: Interest rates

America’s debt reality: Interest payments now eating 15.5% of federal revenue
No Comments
ContraPloy, Approved, Commentary, National

America’s debt reality: Interest payments now eating 15.5% of federal revenue

By Jim Swift | Commentary, ContraPloy (Various & Sundry section) The federal debt is big. But how big is too big? At time of this writing, it’s $38 trillion and change. Is that too much? Who knows? The only practical way to understand it is to compare it with another number. A popular approach is to compare it with Gross Domestic Product (GDP). These days, the national debt is around 119% of GDP. That seems bad. Actually it’s worse, because it’s comparing the money the federal government borrowed with the goods and services everyone produces. If we compare the national debt to just the revenue the federal government collects, it’s more like 600%. But is it too much? Who knows? Another approach is to compare it with the population of the country, which is around 343 million sou...
Read More
Trump Administration Credits Deportations for Denver Home Price Dip
No Comments
DENVER7, Approved, Local

Trump Administration Credits Deportations for Denver Home Price Dip

By: Micah Smith | Denver7 DENVER — The Trump administration is attributing lower home prices in the Denver area to mass deportations. In a news release, the administration said, “Through mass deportations, the Trump Administration is freeing up resources, revitalizing opportunity, and restoring safety — delivering tangible results that put American citizens first.” The news release named 14 cities, including Denver, claiming those cities have the largest undocumented immigrant populations and states that those cities saw home prices decline year over year. The administration states Denver saw a 3.4% decrease in median home list price, attributing this to mass deportations, but the news release does not provide further explanation. READ THE FULL ARTIC...
Read More
Small Businesses Lead Surprise Drop in U.S. Private Payrolls
No Comments
The Denver Gazette, Approved, National

Small Businesses Lead Surprise Drop in U.S. Private Payrolls

By Reuters | The Denver Gazette WASHINGTON – U.S. private payrolls unexpectedly declined in November as small businesses shed jobs, but the weakness is probably not a true reflection of the labor market’s health, with recent government data showing layoffs remaining at low levels late last month. Economists also cautioned against reading too much into the ADP employment report published on Wednesday, arguing its monthly estimate has historically diverged from the government’s private payrolls count produced by the Labor Department’s Bureau of Labor Statistics. “It is too loosely correlated with the official data to be troubling,” said Samuel Tombs, chief U.S. economist at Pantheon Macroeconomics. “It would be unwise to lower forecasts for the official data, however, on...
Read More
Interest rates stay put: President Trump says Powell is costing the country trillions
No Comments
THE HILL, Approved, National

Interest rates stay put: President Trump says Powell is costing the country trillions

By Alex Gangitano | The Hill President Trump on Thursday blasted Federal Reserve Chair Jerome Powell, lodging insults at the head of the central bank for opting again to not lower interest rates. “Jerome ‘Too Late’ Powell has done it again!!! He is TOO LATE, and actually, TOO ANGRY, TOO STUPID, & TOO POLITICAL, to have the job of Fed Chair,” Trump wrote in a post on Truth Social. “He is costing our Country TRILLIONS OF DOLLARS, in addition to one of the most incompetent, or corrupt, renovations of a building(s) in the history of construction! Put another way, ‘Too Late’ is a TOTAL LOSER, and our Country is paying the price!” the president added. The nation’s central bank on Wednesday kept short-term interest rates at a level of 4.25 p...
Read More
Ortiz: Powell must act—BBB unlocked the door, now unleash Main Street
No Comments
Breitbart, Approved, National

Ortiz: Powell must act—BBB unlocked the door, now unleash Main Street

By Alfredo Ortiz | Commentary, Breitbart American small businesses scored a major victory with this month’s passage of the Big Beautiful Bill, which locked in lower taxes and restored key tax breaks. However, the nation’s job creators are still operating with one hand tied behind their backs due to the ongoing high-interest rate environment. The Federal Reserve is working at cross purposes with policymakers trying to unleash growth. At its July meeting next week, the Fed has the opportunity to change course and align monetary policy with fiscal policy to support small business dynamism. It should move swiftly to meaningfully cut interest rates and begin restoring affordable access to credit for America’s small business backbone. Rather than being data-dependent, Fed C...
Read More
Federal Reserve leaves key interest rate unchanged amid uncertainty over economy, inflation
No Comments
Approved, Fox Business, National

Federal Reserve leaves key interest rate unchanged amid uncertainty over economy, inflation

By Eric Revell  | Fox Business The Federal Reserve on Wednesday announced that it will leave its benchmark interest rate unchanged as policymakers continue to assess uncertainty around inflation and economic conditions in light of federal policy shifts. The central bank's decision leaves the benchmark federal funds rate at a range of 4.25% to 4.5%.  The move comes after the Fed left rates at that level at its previous meeting in January, which came on the heels of three consecutive rate cuts at its preceding meetings — which involved a 50-basis-point cut in September and a pair of 25-basis-point reductions in November and December. READ THE FULL STORY AT FOX BUSINESS
Read More
What will the Fed do with interest rates and how will Trump react?
No Comments
Approved, Fox News, National

What will the Fed do with interest rates and how will Trump react?

By Eric Revell  | Fox Business The Federal Reserve is set to announce its next interest rate move on Wednesday, which could prompt a reaction from President Donald Trump, who recently called for the Fed to lower interest rates. Members of the Federal Open Market Committee (FOMC) are expected to leave the target for the benchmark federal funds rate unchanged at a range of 4.25% to 4.5% — which would be the central bank's first pause in this rate-cutting cycle following three consecutive cuts that brought rates down from 5.25% to 5.5%. The Fed's anticipated pause could prompt Trump to renew his criticism of the central bank and Fed Chair Jerome Powell, following the president's call for lower interest rates last week. READ THE FULL STORY AT THE FOX BUSINESS
Read More
Fed cuts interest rates by quarter point despite firmer inflation
No Comments
Approved, National, THE HILL

Fed cuts interest rates by quarter point despite firmer inflation

By Tobias Burns | The Hill The Federal Reserve cut interest rates by a quarter of a percentage point Wednesday, in line with market expectations, even as inflation has reaccelerated over the past two months. Fed officials have been trying to find the right tempo for rate cuts since starting them in September with a sizable half-point reduction, and Wednesday’s cut — the third in a row — shows them pressing ahead with their strategy despite some underlying strength in labor and price data. The Fed is now projecting two cuts for next year as opposed to four.  READ THE FULL STORY AT THE HILL
Read More
Federal Reserve to consider first interest rate cut in four years
No Comments
Approved, Fox Business, National

Federal Reserve to consider first interest rate cut in four years

By Eric Revell | Fox Business The Federal Reserve on Tuesday begins a highly anticipated two-day meeting where policymakers are expected to cut interest rates for the first time in four years as stubborn inflation shows signs of continuing to ease. The Fed's policymaking arm, the Federal Open Market Committee (FOMC), kicks off its meeting on Tuesday and will announce its decision regarding interest rates on Wednesday, when Fed Chair Jerome Powell will also shed light on the central bank's thinking at a press conference. After its last policy meeting in July, the Fed kept its benchmark federal funds rate steady at a 23-year-high range of 5.25% to 5.5% but opened the door to interest rate cuts if inflation continued to ease. Inflation data showed that price growth slowed t...
Read More
Your mortgage payment may drop, if Federal Reserve starts lowering interest rates in September
No Comments
Approved, National, The Street

Your mortgage payment may drop, if Federal Reserve starts lowering interest rates in September

By Charley Blaine | The Street So, you are scouring websites and newspapers, trying to find that perfect house or condo. But you're worried about one thing.  Where will mortgage rates be when the sale closes? The short answer: Ask the Federal Reserve and Chairman Jerome Powell.  The betting, at least this past week, is the Fed may cut interest rates in September. A different answer is: Follow the 10-year Treasury yield mortgage rates available on the internet. Mortgage rates track Treasury yields.  READ THE FULL STORY AT THE STREET
Read More

FD863768-0ACF-495E-9D21-2EF784DFFA6B[1]

Join us at RMV's Freedom Festival

Click Here for Tickets!

This will close in 0 seconds