Inflation Rose in December Putting Rate Cuts into Question

Fed officials saw need for ‘careful approach’ to future rate cuts

Minutes from December meeting show policymakers are concerned about US inflation risks

Financial Times - Jan. 8

Rate-Cut Decision Was Narrow, Fed Minutes Show

Stubborn inflation, and potential tariffs, make future rate cuts uncertain.

The New York Times - Jan. 8

Most Fed officials were worried about higher inflation, but not enough to put rate hikes on the table, minutes of December meeting show

“Almost all” Fed officials judged that the upside risks to inflation had increased, according to minutes of the Fed’s December meeting released Wednesday.

MarketWatch - Jan. 8

Fed Minutes May Show Why More Rate Cuts Will Face Hurdles

After a quarter-point cut in December, Chairman Jerome Powell said policymakers may be more cautious, since the incoming administration will create more uncertainty.

Inc. - Jan. 8

Fed’s Waller backs more rate cuts, says he doesn’t think proposed Trump tariffs will spark inflation

Federal Reserve Governor Christopher Waller said Wednesday that he doesn’t think that proposed import tariffs from the incoming Trump administration will lead to upward pressure on inflation.

MarketWatch - Jan. 8

Services index shows big jump in prices for December as companies fear tariffs

The ISM services survey's prices index jumped to 64.4%, an increase of 6.2 points or more than 10%.

CNBC - Jan. 7

Death toll of Haiti gang violence rose to 5,600 in 2024, UN says

UN Human Rights Office adds that 2,200 were injured and nearly 1,500 kidnapped as international mission struggles. More than 5,600 people were reported killed in Haiti last year, the UN has said, ...

The Guardian - Jan. 7

Derek Carr says he won't take a pay cut to remain with Saints: 'Especially with what I put on tape'

Questions remain about Carr's future

CBS Sports - Jan. 7

Euro zone inflation rose to 2.4% in December, meeting expectations

Economists polled by Reuters forecast a reading of 2.4%, up from 2.2% in November.

CNBC - Jan. 7

Eurozone inflation jumps to 2.4% in third consecutive rise

Increase damps hope that European Central Bank will boost region’s flagging economy with rate cuts

Financial Times - Jan. 7

UK house prices dipped in December, says Halifax

Decline is first for nine months although prices still 3.3% above last year

Financial Times - Jan. 7

December sales provide little cheer for retailers

Black Friday boosted monthly sales, but overall 2024 was a lacklustre year for retail, figures show.

BBC News - Jan. 7

German inflation rises more than expected to 2.9% in December

German inflation jumped to a higher-than-expected 2.9% in December, German statistics office Destatis said Monday.

CNBC - Jan. 6

German inflation rate climbs to 2.6% in December

Yahoo News - Jan. 6

Questions to ask yourself … to be healthier this year

Dr Karan Rajan, NHS surgeon, lecturer and author of This Book May Save Your Life, on how to improve your mental and physical wellbeing. I’m not a believer in setting lofty targets or an ...

The Guardian - Jan. 6

Fed has hit the pause button for rates, and may only cut once this year, experts say

The Federal Reserve is going to sit on the sidelines and may only cut rates once this year, according to prominent economists attending the American Economic Association meeting in San Francisco ...

MarketWatch - Jan. 6

Germany to release inflation estimate for 2024

Yahoo News - Jan. 6

Long Before Jeju Air Crash, South Korea Rose to Be a Model of Safety

After overcoming pariah status at the end of the last century, South Korea must learn what caused the catastrophe on Dec. 29 and what lessons to draw from it.

The New York Times - Jan. 6

Sights and sounds from the Chicago Bulls' tribute to Derrick Rose

Rose's former team thanked him for what he meant to the city and announced they'd be retiring his jersey next season.

ESPN - Jan. 5

5 Ways This Startup Puts Values in Action

This AI company’s values help drive its booming biotech business.

Inc. - Jan. 5

Rose says Bulls' tribute is 'celebrating everyone'

Derrick Rose called his tribute Saturday at the Bulls game something that "celebrates everyone" who was part of his story.

ESPN - Jan. 5

ECB has been too slow to cut rates, Eurozone economists warn

Almost half of analysts polled by the FT accuse rate-setters of being ‘behind the curve’

Financial Times - Jan. 5

Chicago Bulls plan to retire Derrick Rose's jersey next season

The Chicago Bulls plan to retire Derrick Rose’s jersey next season

ABC News - Jan. 4

Bulls to retire Rose's No. 1 jersey next season

The Bulls will retire Derrick Rose's No. 1 jersey to the rafters next season, the team announced.

ESPN - Jan. 4

Rose on Bulls jersey retirement: 'Would love that'

Derrick Rose said he'd like to see his No. 1 Chicago Bulls jersey hanging from the rafters at the United Center someday.

ESPN - Jan. 3

Five green finance questions for 2025

The new year will bring tough challenges for investors in the energy transition

Financial Times - Jan. 3

Shops offered grottos and wine to combat 'drab' December

Small businesses are offering incentives to entice customers as consumer confidence remains low.

BBC News - Jan. 3

Dazzling Dumfries double puts Inter in Cup final

A second-half double from Denzel Dumfries earned Inter Milan a 2-0 win over Atalanta in Riyadh on Thursday to reach the Italian Super Cup final, where the Serie A champions will aim to win the ...

ESPN - Jan. 3

New Orleans attack puts spotlight on inauguration security

The attack in New Orleans that killed at least 14 people has put a fresh spotlight on security plans around what is set to be an active month of events in the nation’s capital, culminating with ...

The Hill - Jan. 3

Chinese stock market slump deepens with bond yields hitting record lows as PBOC reportedly signals rate cuts

Economic data on tap appeared thin on Friday, while investors in Asia continue to assess China's monetary easing policy, political chaos in South Korea.

CNBC - Jan. 3