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Posted To: Pipeline Press

“Writing about music is like dancing about architecture.” A clever quote about differences which reminded me that there are differences between the national debt and the budget deficit. Beginning in 2022, U.S. annual budget deficits are on track to top $1 trillion, but some economists say that isn’t really a problem as long as the economic growth rate exceeds the rate the US pays on debt, the debt can be managed. Rates may help. SF Federal Reserve President Mary Daly says there is a possibility that no interest-rate rises will be imposed in 2019, as long as the economy progresses as expected, and Fed chairman Jerome Powell has said that “the case for raising rates has weakened somewhat.” Lender Products and Services Looking for ways to grow your business? Freddie Mac is collaborating…(read more)

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