Month: January 2023

The Federal Reserve’s interest rate hikes — by the numbers 

The Federal Reserve is set to raise interest rates after seven hikes last year, as the central bank tries to tamp down inflation while avoiding a recession. The Fed’s monetary policy committee is meeting in the nation’s capital Jan. 31-Feb. 1 for its first meeting of 2023. The country continues to grapple with economic issues as…

San Francisco Official Says $5 Million Reparations Payment and Total Debt Forgiveness For Longtime Black Residents is Not Enough

San Francisco Council President Shamann Walton California was never a slave state, but the San Francisco “Reparations Committee” is proposing to pay each longtime black resident $5 million and grant them total debt forgiveness for suffering decades of “systemic repression.” “While neither San Francisco, nor California, formally adopted the institution of chattel slavery, the tenets…

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