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Tag Archives: Reserve

Mobile Reserve Formally Shut Down

Police Commissioner, Major General Antony Anderson, says the Constabulary has successfully completed the winding up of the Mobile Reserve. Commissioner Anderson says the new specialized team that has replaced the Mobile Reserve has been able to successfully respond to several incidents. Major General Antony Anderson, Police Commissioner. He was addressing …

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Study: The real impact of Trump tweets on Federal Reserve interest policy

Study says Trump is nudging interest rates down — with potentially dangerous consequences President Trump is known for speaking his mind. He uses Twitter and the pulpit to get his messages across. This year, he’s been tweeting and commenting a lot about the Federal Reserve and interest rates. Like many, …

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Federal Reserve issues a rate cut. What does that mean for your mortgage?

October 2019 Fed Meeting lowers benchmark rate by 0.25% As expected, the Federal Reserve cut its federal funds rate by 0.25% during its October 2019 meeting. What does that mean for your mortgage rate if you are shopping to buy or refinance a home? If you have a mortgage already, …

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Cop ‘accidentally’ shot at Mobile Reserve compound

A policeman was taken to hospital late on Thursday following an incident in which he was injured on the grounds of the Mobile Reserve, the unit that the Police High Command earlier this year announced would be disbanded. Reports from sources are that the policeman, a trainee constable, was accidentally shot …

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About The Federal Reserve, The FOMC, & The Fed Funds Rate

What is the Federal Reserve? The Federal Reserve is the central bank of the United States of America, which means that it’s the agency that manages the country’s currency, interest rates, and money supply. Per its charter, the Federal Reserve has two explicit (and related) goals. The first goal of “the Fed” is to …

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