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The Fed Does Nothing about the Wait and See Economy

At the May 8th Federal Reserve FOMC meeting interest rates were left at 4.25%-4.50%. This was the third consecutive time the US central bank has held rates steady.

Smith’s Research & Gradings Supports President Trump’s New Approach to Federal Disaster Response

Smith’s Research & Gradings supports President Trump’s new approach to federal disaster response in Los Angeles and North Carolina. “The National Infrastructure Advisory Council’s (NIAC) draft report presented last December, recommends exploring the use of Federal Block Grants to States for emergency assistance. The sovereignty of States needs to be the focus during local emergency, which the President has so forcefully inculcated,” according to Terence Smith, founder of Smith’s Research & Gradings.

State Budgets "Sound" According to Fitch

State budgets are in a sound position entering fiscal 2025, according to Fitch Ratings.