Firefighter and Policeman Fed Faces Rate Rise Dilemma
Sort by
Date
Items per page
-
The Fed Stays the Course on Rates
Markets are cheering the central bank’s forecast for three interest rate cuts this year. But Fed policymakers are divided on the issue.The New York Times - Business - Federal Reserve -
Fed Rate Outlook Looks Just Right for Banks
Banks look forward to relief on deposit costs but have no desire to go back to zero rates.The Wall Street Journal - World - Federal Reserve -
Fed’s Goolsbee expects three rate cuts this year
Chicago Fed President Austan Goolsbee said Monday he now expects three quarter-point interest rate cuts this year.MarketWatch - Business -
Mellman: My apologies — and a rise in Biden’s approval rating
President Biden’s approval rating actually increased by 2 points in the wake of this SOTU, better than the average increase of zero.The Hill - Politics - Joe Biden -
This is your wallet on Fed rate hikes: 2 years, 4 charts
In four charts, here’s how much money the campaign to rein in inflation may have cost you since it began in March 2022.MarketWatch - Business - Federal Reserve -
Why a Fed rate cut in June is not yet a done deal
An interest-rate cut at the Federal Reserve’s June meeting, though now widely expected, should not be viewed as decision that has already been made, Fed watchers say.MarketWatch - Business - Federal Reserve -
Cook says Fed has to move carefully before cutting interest rates
Federal Reserve Gov. Lisa Cook on Monday said the central bank needs to take a “careful approach” in deciding when to cut interest rates, but she gave few clues on the timing or size of any reductions.MarketWatch - Business - Federal Reserve -
Comex Gold Settles 0.62% Higher at $2190.60, Record High
Gold prices climbed to a new record high.The Wall Street Journal - World -
Fed’s Waller says there’s ‘no rush’ to cut U.S. interest rates
Federal Reserve Gov. Chris Waller said high inflation readings and strong job gains in early 2024 reinforce his view that “there is no rush” to cut U.S. interest rates.MarketWatch - Business -
Top Fed official says ‘no rush’ on rates after ‘disappointing’ data
Progress on taming price rises ‘has slowed and may have stalled’, according to Christopher WallerFinancial Times - Business - Federal Reserve -
Why Treasury Yields Are Rising Despite Rate-Cut Expectations
The yield on the government’s 10-year note has climbed since the start of the year, propping up mortgage rates.The Wall Street Journal - World -
The WSJ Dollar Index Rises 0.1% to 98.95
The WSJ Dollar Index was up 0.1% to 98.95 — up nine of the past 12 trading days.The Wall Street Journal - World -
Stocks surge after Fed indicates three rate cuts still coming this year
The S&P topped 5,200 for the first time Wednesday after the Federal Reserve said it was still targeting three rate cuts in 2024. Markets had feared hotter-than-expected inflation and jobs data would persuade the Fed to trim its timeline.CNN - Top stories - Federal Reserve -
Commercial real estate is itching for a rebound two years after start of Fed rate hikes
Demand for office leases is picking up, but interest rates are still a wild card.MarketWatch - Business - Federal Reserve -
Don't sweat the prospect of no Fed rate cuts, economist says — markets will still march higher
Markets will continue to rally even if the Fed chooses not to cut interest rates this year, according to Steven Blitz, TS Lombard's chief U.S. economist.CNBC - Business - Federal Reserve -
Three Fed interest-rate cuts this year? Yes, top banking economists say.
Top economists at big U.S. banks predict the Federal Reserve will cut interest rates three times this year — with the first reduction in June — even though inflation is unlikely to slow much further in 2024.MarketWatch - Business - Federal Reserve -
Inflation risks appear to be tilting higher, threatening to throw Fed’s rate-cut hopes into disarray
The possibility that U.S. inflation won’t trend much lower is raising concerns that Federal Reserve policymakers are mistakenly clinging to prospects for three interest-rate cuts this year and may lose their credibility, which could trigger ...MarketWatch - Business -
Newest ECB board member says it can cut rates ‘swiftly’ despite rising wages
Piero Cipollone’s comments indicate he may argue for loosening monetary policy at bank’s April meetingFinancial Times - World -
European Commission spends €600 million on 12 firefighting planes
Yahoo News - World - Europe -
Sean 'Diddy' Combs faces sweeping sex-trafficking inquiry: What the feds have, need to prove
Legal experts say it could take time to build a criminal case against the hip-hop mogul but note that civil lawsuits against him could offer investigators a road map.Los Angeles Times - Entertainment -
Steelers' quarterback dilemma may end way earlier than expected
Justin Fields' fifth-year option deadline is rapidly approaching. If Pittsburgh decides to pick it up, it could make for an uncomfortable QB room with Russell Wilson.Yahoo Sports - Sports - NFL -
A resignation, rescheduled talks and rising public opposition: Israel faces growing U.S. ire on Gaza
Israel has agreed to reschedule talks on Rafah that it called off in protest just days ago; State Department official Annelle Sheline resigned and a new Gallup poll found that a majority of Americans now disapprove of Israel's Gaza war.NBC News - Politics -
The Supreme Court puts the GOP’s abortion dilemma back in the spotlight: From the Politics Desk
The Supreme Court's abortion pill case is making it difficult for Republicans to turn the page on the issue, with President Joe Biden mentioning it in North Carolina.NBC News - Politics - Abortion -
Rates need to calm down
They’re being too loudFinancial Times - World -
The Fed should resist messing with success
If the economy is doing well with the current level of interest rates, why lower them?Financial Times - World - Federal Reserve -
BoE rate-setter warns against rushing to cut interest rates
Comments come after governor Andrew Bailey last week said interest rate cuts were ‘in play’Financial Times - World -
In the Markets, a Tug of War Between Big Tech and the Fed
On Wall Street, excitement about A.I. outweighs concern about interest rates. But rocketing stocks could make it tough for the Federal Reserve to cut rates.The New York Times - Business - Federal Reserve -
Feds offer reward after UnitedHealthcare hack
Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story State Department offers bounty for hack information The State Department said it would provide a $10 million reward for information about the ...The Hill - Politics -
Stocks Finish Lower, Led by Nasdaq
U.S. stocks finished lower, with the S&P 500 creeping further from its recent record highs.The Wall Street Journal - World -
Why auto insurance rates are skyrocketing in the U.S.
The average annual premium for full coverage auto insurance in the U.S. rose 26% from 2023 to 2024, according to Bankrate.CNBC - Business -
An interesting disconnect in US rate-cut expectations
Economists and the Fed think similar things on what will happen to the US economy. So why is there a big gap in their expectations for interest rates?Financial Times - World -
Bankers jailed for interest rate rigging lose appeal
Tom Hayes and Carlo Palombo, convicted for manipulating a key interest rate, have had their appeals dismissed.BBC News - Top stories -
Legal action only option, says defective flat owner
The BBC has seen an interim report that found 'understrength concrete' was used in construction.BBC News - Top stories -
Mortgage demand stalls, even as interest rates moderate
The usually busy spring housing market is underway, but mortgage demand isn't moving.CNBC - Business - Mortgage -
How do interest rates affect me?
Bank of England interest rates have an impact on the mortgage, loan and savings rates for millions of people.BBC News - Top stories -
The Feds Are Trying to Get Plants to Mine Metal Through Their Roots
Some species can absorb extreme amounts of nickel from soils. Such “phytomining” could help provide batteries essential for the renewable revolution.Wired - Tech -
Kevin Warsh, floated as Trump Fed chief, says Powell is ‘goosing’ the economy
While U.S. allies and adversaries may be impressed by the growth in the stock market and overall U.S. economic growth, “I wouldn’t say they are overly impressed by the U.S. economic engine,” he said.MarketWatch - Business - Donald Trump -
UK stocks are not all that cheap
A bargain in the aggregate, not the particularFinancial Times - Business - United Kingdom -
Boeing chief’s exit is not enough to lift aerospace group’s shares
It could take years for the company to find its way back to its engineering rootsFinancial Times - Business