Posts filed under “Credit”
Expectations of economists and pundits notwithstanding, interest rates are falling around the world. Despite the end of quantitative easing in the U.S., and the possibility that the Federal Reserve will raise rates later this year, the long-feared economy-killing yield spike has yet to appear. During the past few months, I have been discussing this with…Read More
To commemorate this most interesting of gilts we have made a film about War Loan – one that tells the economic history of the UK through wars, default, the re-joining and leaving of the gold standard, the inflationary 1970s, the loss of the UK’s AAA credit rating, and finally the deflation that has followed the Great Financial Crisis.
Household Debt and Post-Recession Auto Lending O. Emre Ergungor, Caitlin Treanor St Louis Fed, 03.06.2015 Household balance sheets have garnered significant attention since the 2008 financial crisis, with consumer debt being viewed as a contributor to the recession and household deleveraging emerging as a prominent feature of the recovery. In the third…Read More
Gauging the Impact of the Small Business Lending Fund Kristle Cortés and Sara Millington Economic Trends, 11.25.14 ~~~~ The Small Business Lending Fund (SBLF) was created in 2010 to encourage small business lending by providing capital to qualified community banks. The Treasury provides banks with capital by purchasing Tier 1-qualifying preferred stock or…Read More