Berniers Prepare Posadas For Traditional Pinata Breaking
David and Nancy Bernier of St. Paul Minnesota decorate a posada with streamers on a Mexican Christmas pinata. The couple hopes children will break the pinata during the ceremony as per tradition.
MENTIONED IN THIS ARTICLE
David and
Nancy Bernier
St. Paul, Minn
Discount rate stable for year in financial circles
A full year has passed since the Fed last changed its discount rate, signaling stabilizing interest rates after volatility. The article explains the rate, its impact on bank lending and consumer borrowing, and notes that a year of no change mirrors a rare older period.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve Board
Federal Reserve System
Fed
Board of Governors
Federal Reserve
Edward Yardeni
Prudential Bache Securities Inc
Yardeni
Congress
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