DePaul college students brace the chilly in model

For some of us there is no need to take the time to choose an outfit. Of course we have to get dressed every day, but it is seldom more strenuous than pouring a glass of water. On the other hand, some people live from the feeling of choosing the perfect outfit for the day.

It can be difficult to focus on anything other than coursework during graduation week, but that hasn’t stopped DePaul students from dressing sharply this winter season.

“I have no idea how some people manage to look fashionable in general during exams or just in class,” said Alli Hacker, a member of the DePaul Fashion Society. “And I don’t mean that in a judgmental tone – kudos to her. I wish I could be her! “

“When I put an outfit together, I feel like I’m doing something for myself,” says Callie Beier, a community psych student at DePaul. “In a way, it’s self-care. I can think about myself for 5 or 10 minutes and how I want to present myself to the world on this day. “

While there can be endless stress during these times, distracting attention from the finals and spending just a few minutes on an outfit can make a meaningful difference in how a person feels throughout the day.

“I think fashion is a distraction – in a good way,” said Hannah Lau, president of the DePaul Fashion Society. “Even if you fail this test, you still look cute.”

Fashion isn’t just about what other people think of someone’s outfit – it’s a way for students to feel more confident. DePaul students do not put their outfits together for others, but for themselves.

“It’s just fun to feel together,” said Lau. “I don’t really think about how people will perceive me, but it gives me confidence to know that I am ready for the day.”

Not only does fashion help students feel more organized and ready for the day, it is also a powerful outlet for individuality and ingenuity.

“It’s amazing to be creative when you’re so busy with responsibilities and commitments,” said Hacker.

“Fashion is an extension of someone’s creativity,” said Lau. “Whether someone is interested in comfort and a thirst for adventure, or rather cheeky and colorful, you can tell how they define themselves in these areas of fashion.”

As winter approaches, students switch from fall fashion – switching from light jackets to heavier, warmer coats. In keeping with this seasonal shift, the DePaul students rock the latest fashion trends and give the outfits unique twists.

“I think we’ll see typical winter layerings, but with turtlenecks and leather [or] Suede button vests, ”Hacker said.

In colder weather, finding ways to look fashionable while staying warm at the same time can be a chore. Fortunately, layering is an essential and longstanding winter fashion trend.

“My favorite part of winter fashion is combining layers and layers,” said Lau. “It’s about how you stay warm and feel good, even when it’s cool.”

A handful of trends follow in winter, including knitted sweaters, funky fur coats and all kinds of boots.

“Some of the main trends I’ve seen are higher knee boots, geometric patterns, ski pants, leather, and even color contrasts,” Lau said.

“My favorite trends are chunky boots and [the color] brown, ”said Beier. “I think people sometimes think brown is boring, but you can find really elegant pieces and pair them with something bold and chunky for a sophisticated yet fun look.”

Although neutral colors like brown are a staple in winter, some DePaul students are swapping out cooler tones for lighter ones this season.

Even certain colors find their way into the trends, DePaul students swap out neutral colors and find lighter colors to express themselves with.

“I’m so fed up with neutrals in winter,” said Hacker. “I love to see powder blue, forest green and all shades of red for Christmas, gemstones for New Year’s Eve and pink, purple, red and even buttercup yellow.”

As the finals come and go, the weather in Chicago is slowly but surely getting colder and colder, which means we’re about to see a lot more of these exciting winter fashion trends.

U.S. Cash Markets Brace for Complications as Debt Restrict Attracts Close to

(Bloomberg) – US dollar denominated finance markets are already facing a myriad of challenges that are distorting supply and demand, and those effects will only intensify as the US government’s legal credit limit returns.

Short-term dollar borrowing rates were cut to zero and below, weighed down by purchases of Federal Reserve assets, drawing on the US Treasury’s huge stash of cash, and a shift from bank deposits to money market funds. The reintroduction of the debt ceiling, suspended in 2019, in late July threatens to exacerbate that dynamic as its return also affects how much cash the Treasury Department can legally hold.

The reinstatement will force the Treasury Department to reduce its cash balance to levels close to the previous suspension, or about $ 120 billion to $ 130 billion from the current $ 924 billion. That would bring more cash to the market and at the same time pull the bill payment offer out of the market.

While JPMorgan Securities strategists Teresa Ho, Alex Roever and Ryan Lessing estimate that the gap between supply and demand is currently around $ 585 billion, there is room for that to widen.

“Too much money”

Either way, there is too much money to buy a home for and not enough products to invest in, and that’s what makes it all tight, “said Gennadiy Goldberg, senior US interest rate strategist at TD Securities. The debt ceiling “will only add to the Treasury headache.”

The longer these idiosyncrasies persist, the more the Federal Reserve will be forced to step in to maintain control over the short end – especially over its central political goal, the federal effective interest rate. The Fed appears to be already taking steps by changing the mechanics of its reverse repurchase agreement facility overnight.

Last month, the Fed instructed the Federal Reserve Bank of New York to raise the counterparty limit on the overnight repo facility (O / N RRP) from $ 30 billion to $ 80 billion. This could help prevent short-term interest rates from sliding any lower. The move was well received, and adoption quickly rose to its highest level in almost a year.

The story goes on

Lorie Logan, executive vice president of the New York Fed, said in a speech on April 8 that the bank could adjust the licensing requirements for its day-to-day operations to allow wider involvement of the fund community.

Adjustments ahead?

Policy makers still have the option to tweak the Fed’s rates on the excess reserve interest rate, the offered level of the O / N EIA, or both. In the minutes of the March Federal Open Market Committee meeting, Chairman Jerome Powell pointed out the potential for downward pressure on money market rates and suggested that it might be “appropriate” to make adjustments at upcoming meetings or even between meetings to ensure that the Fed Funds rate remains “well within target range.”

The latest FOMC minutes suggest that the Fed recognizes that the overnight repo rate is a “more important operational parameter than the IOER is at present,” Wrightson’s ICAP economist Lou Crandall wrote in a note to clients. Wrightson believes that any initial adjustment to the O / N MSRP – and possibly the IOER – would be 2 basis points, while the second choice is a 3 basis point optimization.

The fact that the FOMC “lays the groundwork for a possible adjustment so explicitly” reinforces the belief that the Fed will react faster than in the past to the technical downward pressure on overnight rates, Crandall wrote.

JPMorgan strategists, who said in February that the Fed would not have to make adjustments to their instruments by mid-year, now say policymakers could optimize earlier. You are not alone with such thoughts.

“It is certainly on the Fed’s radar that the pressure is mounting,” said Goldberg of TD. “You want to make sure that the levy at the lower end of the target range is strong enough to stem this cash flow.”

(Updates, including the recent inclusion of the Fed’s streamlined operations in the seventh paragraph.)

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