Ecb Will Need to Step Up Rate Cuts If Outlook Darkens Chief Economist Said
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China Tells Chief Economists: Be Positive, or Else
Experts at leading brokerages say they are hewing closer to the official government line in response to signs of tighter monitoring.The Wall Street Journal - 1d -
Lamb Weston Replaces CEO, Cuts Outlook
Lamb Weston Holdings said it was replacing its chief executive and slashing guidance again as demand for frozen potato products sputters, sending shares sharply lower.The Wall Street Journal - 2d -
The Fed's rate outlook has rattled markets. Here's what it means for global central banks
The Federal Reserve roiled markets by raising its inflation outlook and signaling fewer rate cuts next year — and global central banks were likely taking note.CNBC - 1d -
Mortgage rates increase despite Fed's rate cut
The Federal Reserve announced its third interest rate cut of the year this week. But despite the good news for consumers, mortgage rates are still rising. Bankrate senior industry analyst Ted ...CBS News - 2d -
Dow plunges after Powell's comments on rate cuts
The Dow Jones Industrial Average fell more than 1,100 points Wednesday. Earlier in the day, the Federal Reserve lowered its benchmark rate a quarter-point. However, the precipitous drop in stock ...CBS News - 3d -
How the Fed's rate cuts will affect Americans directly?
The Federal Reserve announced its third consecutive interest rate cut of the year on Wednesday, cutting its benchmark rate by a quarter point. Interest rates have now been slashed by a full ...CBS News - 3d -
Fed cuts interest rates, delivering relief for borrowers
The rate decision follows two consecutive months of rising inflation.ABC News - 3d -
What the Fed's December rate cut means for mortgage interest rates
Today's Fed rate cut could have an impact on mortgage rates — but there are other factors at play, too.CBS News - 3d -
Fed cuts interest rate for third consecutive time
The Federal Reserve has announced a quarter-point cut to its key interest rate for a third consecutive time in 2024. NBC News' Brian Cheung has details on the decision and what it could indicate ...NBC News - 3d -
Federal Reserve cuts interest rate again
The Federal Reserve announced another interest rate cut, reducing its benchmark rate by .25 percentage points. CBS News business analyst Jill Schlesinger has more on the move.CBS News - 3d -
Watch live: Powell gives remarks on expected interest rate cut, Fed's 2025 outlook
Federal Reserve Chair Jerome Powell is set to hold a briefing Wednesday afternoon as the central bank is set to cut interest rates for a third time. The decision comes as inflation picked up ...The Hill - 3d -
Inflation Hangs Around, Slowing Rate Cut Pace
The Federal Reserve will likely reduce interest rates fewer times than expected as high prices persist.Inc. - 5d -
Grand Jury Said to Hear Evidence Against Chief Adviser to Mayor Adams
Prosecutors in the office of the Manhattan district attorney, Alvin Bragg, have been presenting evidence at least in part focused on the aide, Ingrid Lewis-Martin.The New York Times - 6d -
Economists trim Fed rate cut estimates on fear of Trump inflation surge
Deregulation, tax cuts and tariffs stoke probability of stubbornly high price growth, FT-Chicago Booth poll findsFinancial Times - 6d -
Will the Fed signal a pause in rate cuts?
Market Questions is the FT’s guide to the week aheadFinancial Times - 6d -
This economist says the US needs price controls to tackle inflation: ‘We need to dare to think outside the box’
Isabella Weber says economists must design policies that people feel make their lives better – or the US could slide toward fascism. As Donald Trump has pointed out, the price of groceries was ...The Guardian - Dec. 13 -
Police chiefs' job cuts warning to ministers
Police chiefs have warned the government that without further funding neighbourhood police officers - a government priority - could be cut.BBC News - Dec. 13 -
FBI leadership said "basic step" was missed ahead of Jan. 6 riot — DOJ IG report
FBI Deputy Director Paul Abbate told investigators that not canvassing the nation for further information was the "basic step that was missed."CBS News - Dec. 12 -
Economy faces 'some potential storms' in 2025, Moody's chief economist says
The economy is doing "exceptionally well," said Moody's Analytics chief economist Mark Zandi. But he sees headwinds under the new administration.CNBC - Dec. 12 -
ECB Cuts Interest Rates as the Economy Weakens
The bank has been lowering rates since June as inflation slowed, but other risks are growing, including the threat of higher tariffs promised by President-elect Donald J. Trump.The New York Times - Dec. 12 -
ECB lowers rates to 3% and paves way for more cuts
Growth forecasts pared back as bank’s president Christine Lagarde says some decision makers wanted larger reductionFinancial Times - Dec. 12 -
ECB cuts rates a quarter point amid concerns of tepid growth, impact of Trump trade policies
The European Central Bank is cutting interest rates by a quarter percentage point amid signs of weakening growth and concern about the impact of political chaos in France and the possibility of new ...ABC News - Dec. 12 -
F.B.I. Chief to Step Out of ‘the Fray,’ and Housing’s Terrible Year
Plus, a labor fight that could upend reality TV.The New York Times - Dec. 12 -
Morning bid: ECB, Swiss set to cut, but by how much?
A momentous couple weeks for global central banks brings policy decisions from two of the biggest on Thursday: the European Central Bank and the Swiss National Bank. The Swiss central bank decides ...Yahoo Sports - Dec. 12 -
Bukayo Saka remains vital for Arsenal, but others will also need to step up
Both Gabriel Jesus and Oleksandr Zinchenko will need to raise their level at Arsenal to remain important for Arteta.ESPN - Dec. 11 -
Tommy Bahama maker Oxford depends on Florida for sales. It just cut its outlook following hurricanes Milton and Helene.
Shares of Oxford Industries sank after hours Wednesday after the maker of Tommy Bahama and Lilly Pulitzer clothing cut its full-year forecast — citing the impact of hurricanes Milton and Helene on ...MarketWatch - Dec. 11 -
Ford’s cutting jobs in Germany. Scholz wants Europe to step in.
German chancellor Olaf Scholz called for subsidies for battery makers to protect jobs and drive the transition towards “electromobility”MarketWatch - Dec. 10 -
Five MLB teams who need to deliver at the Winter Meetings: Why it's time for Red Sox, Yankees, more to step up
This week isn't the last chance to make a move, but the clock is ticking for several clubsCBS Sports - Dec. 10 -
Designer Brands Cuts 2024 Outlook
Designer Brands said its sales fell in the third quarter and cut its outlook for the year as unfavorable weather and economic uncertainty reduced consumer spending. Shares fell premarket.The Wall Street Journal - Dec. 10 -
Surprise RBI governor pick signals India may cut rates as soon as February, economists say
India has appointed a new central bank governor in a surprising move that some experts say strengthens outlook for rate cuts early next year.CNBC - Dec. 10 -
Economists need to get their story straight on immigration
Focusing on the impact on the wages or employment levels of native workers is too narrowFinancial Times - Dec. 10 -
How fast will the ECB lower interest rates?
Market Questions is the FT’s guide to the week aheadFinancial Times - Dec. 8 -
Aaron Jones' mother said her son needed to be benched after fumbling twice in Vikings' win vs. Cardinals
Even Jones' mom was sick of his fumblingCBS Sports - Dec. 6 -
Investors up bets on Federal Reserve interest rate cut after US jobs data – as it happened
Live, rolling coverage of business, economics and financial markets as American private sector adds 227,000 jobs in November. The sale of the Observer, the world’s oldest Sunday newspaper, to ...The Guardian - Dec. 6 -
Will Washington need to step up to support Intel?
Exit of CEO Pat Gelsinger maybe a sign of a shift in attitude by the company’s board to a huge strategic overhaulFinancial Times - Dec. 5 -
What Fed chief Powell said about crypto that may have aided bitcoin’s rally to $100,000
Bitcoin’s meteoric run may have gotten a little extra push from an unlikely source: Federal Reserve Chair Jerome Powell.NBC News - Dec. 5 -
What Fed chief Powell said about crypto that may have aided bitcoin's rally to $100,000
Powell said bitcoin is not a challenge for traditional currencies such as the U.S. dollar but rather for gold.CNBC - Dec. 5 -
American Eagle Shares Plunge After Retailer Cuts Sales Outlook
Shares of the apparel retailer fell 12% after the company forecast a steeper-than-expected decline in sales for the holiday quarter.The Wall Street Journal - Dec. 4 -
Foot Locker Shares Fall After Retailer Cuts Full-Year Outlook
Foot Locker cut its outlook for the year as more promotions and weak spending pushed the company to post a loss in the third quarter. Shares of the retailer fell.The Wall Street Journal - Dec. 4 -
German job cuts darken mood of election campaign
Snap February poll comes as Europe’s largest economy faces its toughest challenges for decadesFinancial Times - Dec. 3
