Yellen States Fed Rates to Increase

first_img Related Articles The Week Ahead: Nearing the Forbearance Exit 2 days ago Previous: Servicer Match-Up: A Comparison of MSR Values Next: Breaking Down Stereotypes Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Share Save Janet Yellen,Chair of the Board of GovernorsFederal Reserve SystemIn her last public remarks before the Federal Reserve’s March 14 -15 meeting, Federal Reserve Chair Janet Yellen announced plans to increase the federal fund rate.”We currently judge that it will be appropriate to gradually increase the federal funds rate if the economic data continue to come in about as we expect,” she said at a speech in Chicago, according to prepared remarks that can be found at Business Insider.Whether these increases will come at the March meeting or later in the year remains to be seen, however, Credit Suisse finds it probable, according to a Yahoo! Finance report, James Sweeney, managing director of Credit Suisse said on Friday:“In response to these developments the market implied probability of a March hike has risen from 25 percent on February 1st to over 75 percent now. This market action could be self-fulfilling, because it undercuts claims that the Fed needs to use a meeting to ‘prepare the market’ for an upcoming hike.”Still, not all economists predict a hike after March 15. Chief Economist at Stifel Fixed Income, Lindsey Piegza, Ph.D. discussed the warnings from the Federal Reserve and the possibility of expectations not being met.”…the market has been disappointed before after buying into individual Fed members’ comments,” said Dr. Piegza. “Furthermore, unless the Committee opts to abandon their data-dependent stance in exchange for one of fiscal policy anticipation, the Fed will likely continue to exercise patience, pulling the rug out from under the market’s certain expectation of a third rate hike come the 15th.” Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago  Print This Post Tagged with: Fed Increase Rate Yellen Fed Increase Rate Yellen 2017-03-03 Staff Writer Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Subscribe Servicers Navigate the Post-Pandemic World 2 days ago About Author: Staff Writer March 3, 2017 1,704 Views Yellen States Fed Rates to Increase Home / Daily Dose / Yellen States Fed Rates to Increase in Daily Dose, Featured Sign up for DS News Daily Governmental Measures Target Expanded Access to Affordable Housing 2 days agolast_img read more

2 more deaths and 259 Covid-19 cases reported in North

first_imgHomepage BannerNews 2 more deaths and 259 Covid-19 cases reported in North RELATED ARTICLESMORE FROM AUTHOR DL Debate – 24/05/21 Pinterest Previous articleNursing home visits not allowed in counties with Level 3 restrictionsNext articleNPHET recommends further restrictions on gatherings in homes News Highland Twitter By News Highland – October 1, 2020 WhatsApp Facebook Important message for people attending LUH’s INR clinic Google+center_img Two more people have died of Covid-19 in the North, and there are 259 new cases.It brings the total number of infections in the North to 11,952 – with 17% of those reported in the past week.The Stormont executive is expected to introduce new restrictions later today.Health Minister Robin Swann said yesterday that new measures are needed because of the recent spike.The 7 day incidence rate in Strabane and Derry has dropped very slightly from yesterday’s figures to 322.6 per 100,000. WhatsApp Pinterest Google+ Facebook Arranmore progress and potential flagged as population grows News, Sport and Obituaries on Monday May 24th Twitter Harps come back to win in Waterford Loganair’s new Derry – Liverpool air service takes off from CODAlast_img read more

Ursinus College cancels remainder of swimming season after hazing investigation

first_imgWPVI(PHILADELPHIA) — Ursinus College, a private liberal arts school outside Philadelphia, has canceled the remainder of its swimming season after finding evidence of hazing among members of the program.Both the men’s and women’s seasons have been ended early.The investigation was launched by the school in early September and found evidence of underage drinking, the college said. “While the decision to cancel the season was difficult, the safety and well-being of every student at Ursinus are our greatest priorities,” the school said in a statement. “Ursinus College does not tolerate hazing or any action that is antithetical to our values and our mission.”“To those who may have been personally affected by this event, we understand that this has been a difficult experience for you,” it continued. “We remain dedicated to your well-being, as we are for every student, and thank you for placing your trust in us.”The school, which has only about 1,400 students, competes in Division III athletics.The season started for the Bears on Oct. 19 and the team had competed in five meets. It last competed on Nov. 16 against nearby Gettysburg College. The school was 3-2 in its first five meets.Ursinus had been scheduled to compete in the Golden Ram Classic over the weekend, but that appearance was canceled.According to the school, head coach Mark Feinberg “supports the decision” and “assumes a share of responsibility for the actions.” He has been placed on probation.“We are hopeful this experience will lead to a more vigorous dialogue about promoting courage and personal responsibility while cultivating and affirming a stronger community,” the school said.A number of schools have been beset by hazing allegations this semester, though it’s mostly centered on fraternities not athletic teams.Ohio University suspended all 15 of its fraternity chapters last month over allegations of hazing at two of the organizations. A student died in an alleged hazing incident at the school last year for which nine fellow students were indicted last week.Authorities had initially ruled out hazing in the death of Sam Martinez, a student at Washington State University, who was found dead at the school’s Alpha Tau Omega house on Nov. 12, but later said they were reconsidering it as a possibility, according to Seattle ABC affiliate KOMO. It will take about two months for the official investigation to conclude, authorities said.Copyright © 2019, ABC Radio. All rights reserved.last_img read more

Financial wellness creates opportunities for credit unions

first_img 19SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Bryan Clagett Bryan is on the executive team and singularly focused on driving revenue growth through a variety of new initiatives that help financial services and fintech become ever more relevant to … Web: Details Here are two sobering stats to kick off this post. According to Bank Rate, 76% of Americans are living paycheck-to-paycheck. Pew reports that nationally, only 51 percent of adults are middle-class. In 1970 that number was 71%.I believe that community financial institutions can make a difference in the lives of those they serve. I know that’s a bold statement, but I genuinely believe it. Financial wellness is important to Americans and we’re letting them down. Establishing, and then sustaining financial wellness, calls on individual persistence, a supportive economic environment, availability of supportive services, and access to quality financial services.Here are 10 ways I think you can make a difference:Enhance digital banking so that you move away from just transactional reporting. Show people where their money is going. Online is where people go. You need to invest more in digital.Stop focusing on individuals and start thinking in terms of the household. Shift the conversation to household financial wellness.Consider starting a small business incubator. Small business is the backbone of the American economy. Support the Go Local movement.Focus contributions and sponsorships on organizations that support your local economy. Showcase how you impact the economy.Retrain your frontline staff and get them to ask questions to determine households financial health. People want a better financial life but don’t look to you for guidance or advice. Invest in your people.Understand your employees financial wellness. Admit that you have no idea how your employees households stand from a financial health point of view. If they are worried about day-to-day or paycheck-to-paycheck survival, what message do they amplify to the consumer? Get to know your people.Long term financial planning is not enough, so help people manage daily expenses. Daily financial support systems help consumers build resilience and make healthy daily financial choices. Make financial empowerment part of your strategy.Change your messaging to one of hope and opportunity, showing how small steps can yield long term gains. In your messaging, show the future as opportunity, not something to be feared.Assure your fees, charges and penalties are very transparent and be clear how they can be avoided. Don’t bury fees or use “fine print.”Lobby on behalf of the American consumer.  Only 17 states require high school students to take a course in personal finance. That’s unacceptable. Publically support financial literacy.Plug and play financial literacy programs, videos, “classes” are simply not enough and are typically too passive. The financial services industry needs to get aggressive and make financial wellness a clear business objective. This is remarkable opportunity for any financial institution.last_img read more

Visitors to the Krka National Park will receive a discount for visiting the Fortress of St. Nicholas

first_imgAll visitors who at the point of sale Info center of the Fortress of St. Nikola will show a ticket for the National Park “Krka”, not older than seven days, will get a 10% discount on the basic price of an individual ticket to visit the Fortress of St. Nicholas. In this way, visitors will have the opportunity to enjoy one of the most beautiful Croatian national parks and a UNESCO heritage monument and stay longer in our area. The director of the Nature Institute of Šibenik-Knin County, Anita Babačić Ajduk, pointed out that this is a significant step forward in the cooperation between the two institutions.: “So far, we have successfully collaborated on research projects, and now the collaboration is expanding to promotion and visits. Our two institutions are closely connected and the territory they cover. JU Priroda manages the area of ​​the source and mouth of the river Krka, north and south of the National Park. These include the river Krčić, the source of the Krka, the river flow around Knin and the entire course and mouth from Skradin to the Channel of St. Ante and the Fortress of St. Nicholas. The flora and fauna know no administrative boundaries and our cooperation is necessary in every segment. Visitors do not know the administrative borders either, so such joint actions are very useful. This increases the visibility of the site, but also ensures a controlled, sustainable visiting system. ” This is the result of cooperation between the Public Institution Nature of Šibenik-Knin County and the Public Institution “Krka National Park”.center_img Photo: NP Krka  “Krka National Park and JU Priroda are two related institutions whose main tasks are the preservation, protection, interpretation and sustainable use of protected natural and cultural heritage. By promoting UNESCO monuments in the area of ​​the National Park, we connect two neighboring protected areas and some of the most important natural and cultural values ​​of our region. With this cooperation, we present ourselves as a whole, natural and cultural-historical, but also social and economic, which is especially important for us for this visitor season. “, said the director of the Public Institution “Krka National Park” Nella Slavica and emphasized that this cooperation is part of the continuous activities of the National Park “Krka” on the development of the entire area and encouraging economic activities of many entities living and working on the banks of the Krka. last_img read more

Highs and lows of Steelers’ 8-8 season

first_imgRunning back Le’Veon Bell (26) runs towards Cincinnati Bengals strong safety George Iloka (43) in the third quarter of an NFL football game on Sunday, Dec. 15, 2013, in Pittsburgh. (AP Photo/Don Wright)PITTSBURGH (AP) – Best Game: Their margin for error nonexistent, the Steelers drilled eventual AFC North-champion Cincinnati 30-20 on Dec. 15, racing to a quick 21-0 lead and cruising behind two touchdowns from wide receiver Antonio Brown.Worst Game: The Steelers have been playing football for 81 years and had never sustained the kind of whipping they endured in a 55-31 loss to New England on Nov. 3 that left them at 2-6. The Patriots set records for points and yards (610) by a Pittsburgh opponent, including 31 points over the final 18 minutes.New England Patriots tight end Rob Gronkowski (87) tries to break free from the grasp of Pittsburgh Steelers cornerback William Gay (22) in the first quarter Sunday, Nov. 3, 2013, in Foxborough, Mass. (AP Photo/Charles Krupa)Best Play: Troy Polamalu channeling 2009 in Green Bay on Dec. 22, stripping Packers quarterback Matt Flynn of the ball. Brett Keisel recovered at the Green Bay 19 to set up the winning touchdown in a 38-31 victory.Worst Play: A two-way tie. Mike Tomlin’s two-step onto the field in a loss to Baltimore on Thanksgiving night earned him a $100,000 fine and may cost the team a draft pick. A week later, Brown stepped out of bounds at the Miami 12 on the final play, negating what would have been a game-tying score.Antonio Brown (84) appears to step out of bounds as he gets past Miami Dolphins strong safety Chris Clemons (30) on the final play of the of thel game in Pittsburgh, Sunday, Dec. 8. Brown made it into the end zone on the play, but it was ruled he stepped out of bounds. Miami won 34-28. (AP Photo/Don Wright)Biggest Surprise: Kelvin Beachum’s emergence as the left tackle of the future. The former seventh-round pick provided solid if not spectacular play after taking over for ineffective Mike Adams.Biggest Disappointment: Linebacker LaMarr Woodley struggled to stay healthy, spending much of the season’s second half dealing with a pair of calf injuries. Jason Worilds’ filled in brilliantly, leaving Woodley’s job status in jeopardy.What’s Next: Figuring out who to keep and who to let walk on a defense that is still in the midst of a makeover. Getting a No. 2 wide receiver to take some of the pressure off Brown.Oakland Raiders Quarterback Terrelle Pryor (2) runs for a 93 yard touchdown past Pittsburgh Steelers free safety Ryan Clark, left, inside linebacker Vince Williams (98) and cornerback William Gay (22) during the first quarter in Oakland, Calif., Oct. 27. (AP Photo/Marcio Jose Sanchez)last_img read more

Bombers edged by Wellington at AA Boy’s Basketball Championships

first_imgThe J. Lloyd Crowe Hawks took it on the chin again at the B.C. High School AA Girl’s Basketball tournament in KamloopsNotre Dame outscored the Hawks 32-5 in the first half en route to a 77-27 decision on Day two of the tournament.Maddie Van Horn and Angela Hamilton scored eight and seven points, respectively, to lead the Hawks.Crowe is back on the court Friday in consolation play against Abbey Christian of Abbotsford.Game time is 9 a.m.Cats overwhelmed by Glen Lyon Norfolk Mount Sentinel Wildcats saw Glen Lyon Norfolk of Victoria scored 33 first-quarter points to blast the Kootenay reps 88-36 at the B.C. High School A Boy’s Basketball event at the University of the Fraser Valley.Devon Kabatoff led the Cats with 12 points while Joe Roshinsky was name the Cats game MVP. Tyler Radelja scored a game-high 27 points to lead Wellington from Vancouver Island to a 69-60 win over the L.V. Rogers Bombers on Day two at the B.C. High School AA Boy’s Basketball Championships Thursday in Kamloops.The loss drops the Bombers to 0-2 in the 16-team tournament.The game was close throughout with Wellington holding quarter leads of 15-13, 38-31 and 55-49.Jesse Zak and LVR Player of the game Matt Zukowski each led the Bombers with 20 points.LVR now meets Charles Hayes in consolation round action Friday.Hawks drop second straight at Girl’s AA tournamentlast_img read more