“With inflation well above 2 percent and a strong labor market, the Committee expects it will soon be appropriate to raise the target range for the federal funds rate,” the Federal Open Market Committee (FOMC) said in its post-meeting statement.
Our Own Worst Enemies: Sowing Jewish Fear in Teaneck By Doron Hindin | May 27, 2021
Last Shabbat, Jews were scared in Teaneck. If we adequately take stock and resolve to be stronger in the future, we can mend our missteps and lead in the struggle across America for Jewish identity, Jewish security, and shared U.S.-Israel values.
About 250 vehemently anti-Israel protesters demonstrated in our town on the Teaneck Municipal Green on Shabbat afternoon. With Israeli and American flags in hand, I arrived at the demonstration at 2:15 p.m., along with Miriam Rapaport-Hindin, our children, and three others.
We were unsure of where to stand until a police officer kindly directed us to the south lawn, which was safely arranged to accommodate the pro-Israel counter demonstration. One other pro-Israel demonstrator was already there, a righteous Christian from New York who explained that “as the Jews of Teaneck are observing Shabbat, I’m standing up for them
How Much Is Too Much?! By Shmuel Shayowitz | January 21, 2021
The name sounded very familiar when I returned the call last week, but I couldn’t place where from. After talking for a few moments, even the details of the loan scenario sounded familiar. When he said, “but these title costs are even more expensive than what you told me last year … it’s still too much!” – I finally remembered our previous conversation and found my notes. Yes, we had spoken about 14 months ago, when rates were over 1% higher than where they are today and when loan expenses were slightly cheaper. We hung up, and my quick calculation confirmed that had he refinanced a year ago, he would have already more than broken-even by now and would be saving close to $300 each month going forward. The distorted discussion about closing costs got me thinking, do people truly understand how much is too much?!