Author: admin (Kendrick Williams)

The change would apply toA proposal by the U.S. Federal Reserve’s bank regulators would reduce by 4.8 percent the amount of cash the largest American banks must keep in reserve as a cushion against loans that go bad. 

Donald Trump has been fixated on the U.S. trade deficit – the fact that the country pays more for its imports than it earns from exports – as a problem that must be solved.

Energy prices are soaring, enthusiasm for private credit has crashed, the U.S. stock market is losing steam, and the American economy is barely crawling.

The U.S. Federal Reserve’s Open Market Committee voted last week to leave interest rates at 3.5 percent on deposits and 3.75 percent for loans.