Fed S Neel Kashkari Says Central Bank Has Not Made Enough Progress Keeping His Rate Outlook
Sort by
Date
Items per page
-
Fed’s Goolsbee says progress on inflation has stalled, makes sense to wait on interest rates
Chicago Fed president “hopeful” we will get improvement on inflation.MarketWatch - Business - Federal Reserve -
Fed's Global Detractors Grumble as Central Bankers Debate Rate Cuts
Fed president say arate cutmight happen this September, or maybe not. At the IMF meeting, other finance chiefs tryto keep up with the shifting sands of U.S. monetary policy.Inc. - Business - Federal Reserve -
Here's what 12 European Central Bank members said about interest rates this week
The ECB has become "the central bank to be followed," one central bank governor said.CNBC - Business -
Fed’s Goolsbee says ‘more sniffing’ may be needed before rate cuts
Federal Reserve Bank of Chicago president Austan Goolsbee on Friday said "more sniffing" is needed before the Fed can cut interest rates. Here's what to know.CNBC - Business -
A Century-Old Lending Lifeline for Troubled Banks Has a Major Flaw. The Fed Wants to Fix It.
Borrowing from the discount window carries a stigma officials hope to reduce.The Wall Street Journal - World -
Cramer says two recent earnings reports may indicate a slowdown is brewing — but not enough for a Fed cut
CNBC's Jim Cramer said disappointing quarters from trucker J.B. Hunt and real estate investment trust Prologis could mean an economic slowdown is brewing.CNBC - Business -
S&P Cuts Israel's Credit Ratings on Geopolitical Concerns
S&P Global Ratings lowered its long-term foreign and local currency sovereign credit ratings on Israel to A-plus from AA-minus, citing geopolitical risks.The Wall Street Journal - World - Israel -
S&P Cuts Israel Rating on Heightened Geopolitical Risk
Yahoo News - World - Israel -
Why the Fed Should Declare Victory and Cut Interest Rates
Small-business owners are being punished by the central bank's data obsession. It needs to focus less on CPI numbers and more on boosting the economy.Inc. - Business - Federal Reserve -
Nvidia drops 10% as investors see risk in Big Tech shares
US stock markets suffer their worst run since October 2022 as investors pull back from AI betsFinancial Times - Business -
Interest Rates, Geopolitical Tensions Keep U.S. Stocks Gloomy
U.S. stock indexes mostly fell as corporations face the threat of high interest rates for longer.The Wall Street Journal - World -
Israeli missile hits Iran, US officials say
Blasts are heard in central Isfahan province, though it was not immediately clear what was hit.BBC News - Top stories - Israel -
Rate-cut expectations give way to questions about a Fed hike — and how much higher interest rates should go
Portfolio managers, economists, and Federal Reserve policy makers are all asking the same question: Are U.S. interest rates, now at a 23-year-high of 5.25% to 5.5%, high enough?MarketWatch - Business - Federal Reserve -
Battle of the Beaches: Greece Has New Plan to Keep Its Coasts Pristine
The government has pledged to crack down on rapid development, and on seaside businesses seeking to take advantage of a tourist boom. But some residents and conservationists are unimpressed.The New York Times - World -
This unusual combination signals either booms, bubbles or inflections, says Bank of America
There’s an unusual combination in markets this year that has happened just five times in the last 60 years.MarketWatch - Business -
US interest rate setter says 'no hurry' to cut
A key member of the US central bank, Raphael Bostic, tells the BBC rates might only ease "at the end of 2024".BBC News - Top stories -
CDs vs. high-yield savings accounts: What to consider before the Fed cuts rates
If the Fed decides to cut rates soon, here's how it could affect your savings.CBS News - Top stories - Federal Reserve -
Fed report highlights risks to financial stability if interest rates stay higher for longer
The biggest worry for the global financial system is that the Federal Reserve keeps monetary policy tighter than expected, according to experts surveyed by the central bank.MarketWatch - Business - Federal Reserve -
China's fiscal stimulus is losing its effectiveness, S&P says
China's fiscal stimulus is losing its effectiveness and is more of a strategy to buy time for industrial and consumption policies, S&P Global Ratings said.CNBC - Business - China -
RFK Jr.'s sister dismisses his candidacy: 'Let's talk about reality'
Kerry Kennedy is brushing off her brother, Robert F. Kennedy Jr.'s, independent presidential bid, arguing it is clear only President Biden or former President Trump will be able to secure the Oval Office in November. Kennedy was speaking with CNN ...The Hill - Politics -
USC's Miller Moss waited patiently for his shot. Now he has it
The quarterback grew up dreaming of becoming the starter at USC. This fall, he might finally be QB1.ESPN - Sports -
Self-made millionaire who retired at 35 shares his No. 1 money regret: I was doing the 'bare minimum'
Everything worked out for Steve Adcock, but he still wishes he has invested a larger portion of his income at an earlier age.CNBC - Business -
Bitcoin evangelist Michael Saylor has made $370 million from MicroStrategy stock sales this year
Following a share-sale plan executed last year, MicroStrategy founder Michael Saylor has profited handsomely from unloading stock in 2024.CNBC - Business - Crypto -
Nearly 50 pounds of meth hidden in ice chest full of fish seized at border, feds say
Authorities confiscated nearly 50 pounds of methamphetamine hidden in an ice chest of fish earlier this week at the Southern border in California, federal officials said.NBC News - Top stories -
West Virginia will not face $465M COVID education funds clawback after feds OK waiver, governor says
West Virginia will not face a clawback of $465 million in COVID-19 money from the federal government, alleviating concerns raised by state lawmakers during the legislative session in MarchABC News - Top stories - Covid -
US calls for calm after officials say Israeli missile hit Iran
Antony Blinken says Washington was not involved in any offensive operation, as Iran downplays reports of attack.BBC News - Top stories - Israel -
Israel has mounted airstrikes on Iran, US confirms, as Tehran plays down attack
Iranian official indicates no ‘immediate’ plan for retaliation after explosions reported in sky over Isfahan and Tabriz. Middle East crisis: live updatesWhat’s in Isfahan? The city home to Iranian nuclear facilitiesUS officials have confirmed that ...The Guardian - World - Israel -
Oil price rises as US says Israel has struck Iran
Reports of a retaliatory strike by Israel raise commodity prices and fears over inflation.BBC News - Top stories - Israel -
What DC has to say about Taylor Swift's new album
Lawmakers on Capitol Hill are not immune to the allure of pop star Taylor Swift, especially on album release days. Politicians in Washington took to social media Friday to sing the star's praises after she released her latest album. Swift's new ...The Hill - Politics -
UK inflation could stay near 2% target for three years, says BoE rate-setter
Dave Ramsden’s comments suggest he does not need much more evidence of price growth falling before backing rate cutsFinancial Times - Business - United Kingdom -
'30 Rock' actor says his 'heart goes out' to students after visit canceled over 'lifestyle'
A “30 Rock” actor said his “heart goes out” to students at a middle school in Pennsylvania after a scheduled event with him was canceled by the local school board. Maulik Pancholy, who is openly gay, said in a Thursday Instagram post he “learned ...The Hill - Politics -
10-year-old boy confesses to fatally shooting a man in his sleep 2 years ago, Texas authorities say
Authorities in Texas say a 10-year-old boy has confessed to an unsolved 2022 killing, telling investigators that he shot a man he did not know while the victim sleptABC News - Top stories -
Kawhi Leonard injury update: Clippers president says star has 'very, very stubborn inflammation' in knee
It's unclear if Leonard will play in Game 1 against the Mavericks on SundayCBS Sports - Sports -
TSMC Shares Fall After Downgrading 2024 Global Chip Outlook
Shares of Taiwan Semiconductor Manufacturing fell sharply as investors’ worries about the chip maker’s cautious outlook for the industry eclipsed its upbeat first-quarter financial results.The Wall Street Journal - Tech -
U.S. Airlines Outlook Brightens as U.S. Business Travel Takes Off
The three-year travel boom is adding big-spending business class flyers to its rising revenue segments, boosting first-quarter profits at Delta, United, and Alaska Air.Inc. - Business -
Middle East crisis live: Blinken calls for calm as Iran official says no plan for immediate retaliation to reported Israeli missile strike
US secretary of state condemns airstrike in Iran; discussion ‘leans more towards infiltration than attack’ says anonymous Iranian official. Israel has mounted strikes on Iran, US says, as Tehran plays down attackWhat we know so far about Israel’s ...The Guardian - World - Iran -
Attack blamed on IS militants kills 22 pro-government fighters in central Syria
An opposition war monitor and a pro-government media outlet say an attack on pro-government fighters by suspected members of the Islamic State group in central Syria killed 22 pro-government fightersABC News - World -
Tesla’s stock keeps getting cheaper — and Cathie Wood’s ETFs keep buying it
ARK Invest ETFs bought roughly $26 million of Tesla stock in the past three days, and more than $100 million in April.MarketWatch - Business -
The next bank bailout’s true costs may not be such a mystery
Future debates about whether to assist distressed corporations, including New York Community Bank, could be better informed by more educated guesses about costs.The Hill - Politics -
Why a deluge of Chinese-made drugs is hard to curb
Thousands of Chinese companies are making synthetic opioids and shipping them around the world.BBC News - Top stories