A higher IOER rate encourages banks to raise the interest rates they charge, putting upward pressure on market interest rates regardless of the level of reserves in the banking sector. While adjusting the IOER rate is an effective way to move market interest rates when reserves are plentiful, federal funds have generally traded below this rate. Janet Yellen Read Quote
An activist is one who is actively involved in creating community, whether that is locally in their neighborhood or internationally. It is an admirable quality. Jasmine Guy Read Quote
You can’t stop loving or wanting to love because when its right it’s the best thing in the world. When you’re in a relationship and its good, even if nothing else in your life is right, you feel like your whole world is complete. Keith Sweat Read Quote
When Margaret Thatcher was leader, she and Michael Heseltine were hardly soulmates, but she would not have allowed personal rivalry to take the heat off the Labour Party, whose own deep internal divisions are buried in other news now, nor would she have countenanced any attempt to have a show trial. Jacob Rees-Mogg Read Quote
What’s normal life for the majority people of America, the liberal press thinks is like, ‘Oh my gosh.’ We don’t live in that little, weird, bizarre vacuum of San Francisco. Rick Harrison Read Quote
You can’t even tell, but a lot of the time your favourite rappers are wearing a bunch of fake jewellery. Vic Mensa Read Quote
I hate big government, but I really hate a government that doesn’t work. So when ‘they say we either have to raise taxes or cut core services,’ it’s actually a ‘false choice.’ Scott Walker Read Quote
