Ecb Will Need to Step Up Rate Cuts If Outlook Darkens Chief Economist Said
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Economic Data Points to Fed Rate Cut Next Week, and a Cautious 2025
Persistent inflation probably won’t stop a December rate cut, but it could affect the course of monetary policy for the next two years.Inc. - Dec. 13 -
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 -
DoorDash steps up driver ID checks after traffic safety complaints
DoorDash is requiring its drivers to verify their identities more often as part of a larger effort to crack down on unauthorized account sharingABC News - Dec. 12 -
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 -
Muted wholesale inflation rate likely gives final go-ahead for Fed to cut interest rates
A key measure of U.S. wholesale inflation posted a small increase in November and probably added the final nail in the coffin in favor of a widely expected reduction in interest rates next week.MarketWatch - Dec. 12 -
European Central Bank cuts rates for fourth time this year
ECB lowers borrowing cost as inflation falls and economy remains weak. The European Central Bank cut interest rates for the fourth time this year and kept the door open to further easing in 2025 as ...The Guardian - 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 -
T-bill rates fall below 4.4% after November CPI solidifies December rate cut
Yields on short-term Treasury bills dropped on Wednesday after November’s consumer-price index cemented expectations for a quarter-point interest-rate cut by the Federal Reserve next week.MarketWatch - Dec. 11 -
Inflation Rose in November, But Not Enough to Stop Another Rate Cut
The Fed will meet next week, and the mild uptick is not expected to derail an anticipated quarter-point reduction in interest rates.Inc. - Dec. 11 -
Inflation ticks higher as Fed eyes another rate cut
Inflation picked up slightly in November, according to data released Wednesday by the Labor Department, but likely not by enough to derail the Federal Reserve's plans for another rate cut. Consumer ...The Hill - Dec. 11 -
Why the Fed Will Cut Rates Even Though Inflation Hasn’t Budged
Everyday Americans still expect sticky inflation in the coming years.Inc. - 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 -
Why Powell and the Fed should pause interest-rate cuts in December
Some say November’s jobs data support holding monetary policy steady.MarketWatch - Dec. 7 -
Health insurers step up security, scrub websites of leadership information
The killing of UnitedHealthcare CEO Brian Thompson is spurring other major health companies to remove the photos of executives from their websites, close buildings and even switch to a virtual ...The Hill - Dec. 6 -
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 -
Jobs report shows hiring surge as Fed weighs interest rate cut
The fresh data marks the first jobs report since the election of Trump.ABC News - 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 -
EU steps up monitoring of TikTok ahead of Romania vote
Yahoo News - 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 -
Inflation threatens Fed rate-cut expectations once again. Here’s why.
With investors looking toward Friday’s November nonfarm-payrolls report, market participants see the potential that it could be overshadowed by an entirely different set of data: next Wednesday’s ...MarketWatch - 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 -
Central banks should tread cautiously with rate cuts, says OECD
Core price pressures and services inflation should make rate-setters wary of cutting too fast, report concludesFinancial Times - Dec. 4 -
Top Fed Official Leans Toward Rate Cut This Month, If Data Supports It
In a recent speech, Christopher Waller, a member of the Fed Board of Governors, said a rate cut hinged on inflation continuing to drop.Inc. - Dec. 3 -
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
