LOUISVILLE, Ky. – The $944,000 Bramco FCU here has been absorbed via merger by $86-million Jefferson County FCU.
Bramco, which was started for the benefit of Brandeis Machinery employees, had 200 members in several cities in Kentucky, Indiana and Tennessee.
Markets are still pricing in an increase in the federal funds rate later this month, but Federal Reserve Gov. Michael Barr said his vote will depend on incoming unemployment and inflation data.
The initial coin offering boom of a decade ago was a manic free-for-all, but inside that mania was the germ of a genuinely good idea.
Many traders took the Federal Reserve chair's tough talk on inflation as a signal that the central bank is poised for a rate hike, but the corresponding dip in long-dated bonds proved short-lived.
