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Walking around Memphis yesterday got me to thinking, “I wonder what the part of my brain that used to store people’s phone numbers is doing now.” Maybe being used to store cool ads like the one in the joke section below, or lyrics of old songs? Thank you to VanDyk Mortgage’s Steve Richman who reminded me of Mott The Hoople’s “All The way From Memphis.” In 1973, when that song was released, the Fed Funds rate hit a high of 11.22 percent. Inflation can be harsh. Are you thinking about the price of food and gas a few months ahead of summer vacation season? You’re not alone. Millions of families are wondering what vacations are going to set them back this year, and possibly reconfiguring plans to spend less. Dramatic inflation can have that affect. I bring this up because, as was widely expected given the constant attempt to keep the U.S. economy stable, and battle against runaway prices, the FOMC raised the target range for the fed f ....

United States , Marin County , Anthony Ianni , Robert Groody , Alex Kutsishin , Laura Byrum , Tim Burton , Phil Rasori , James Bullard , Suzy Lindblom , Steve Richman , Melissa Thomas , Brian Miller , Edward Scissorhands , Sandra Madigan , Caleb Mittelstet , Steve Vella , Hilton Anaheim , Brad Bieber , Community Reinvestment Act , Maxwell Solutions , Freddie Mac Primary Mortgage Market , Alliance Bank , Federal Reserve , Consumer Financial Protection Bureau , Agency Portfolio ,