The Fed Emergency Borrowing from Fed Dips A Sign That Bank Stress May Be Easing
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Fed Chair’s Confidence in Slowing Inflation Is ‘Not as High’ as Before
Jerome H. Powell, the Federal Reserve chair, said that the central bank was poised to leave interest rates on hold after surprisingly stubborn inflation.The New York Times - Business - Federal Reserve -
Will High Interest Rates Curb Inflation? The Fed Will Wait and See
While consumers clamor for rate cuts, the central bank leadership is prepared to hang on until inflation stops climbing.Inc. - Business - Federal Reserve -
How the Fed’s quest for transparency made markets more volatile
Markets often respond to Fed comments with big price swings, and recent research shows they are particularly reactive to Fed Chair Jerome Powell.CNBC - Business -
Watch Fed Chair Jerome Powell speak live to bankers group in Amsterdam
Federal Reserve Chair Jerome Powell speaks Tuesday to the annual general meeting of the Foreign Bankers' Association in Amsterdam.CNBC - Business - Federal Reserve -
Fed Chair Jerome Powell Maintains Wait-and-See Posture on Inflation and Rates
The Fed chief said he expected inflation to continue heading lower but that he was less confident than he had previously been about that outlook.The Wall Street Journal - World - Federal Reserve -
Fed’s Powell hints interest rates will stay high as US inflation lingers
Central bank chair says economy performing well but cites ‘lack of progress’ on price pressuresFinancial Times - Business - Federal Reserve -
50 Cent trolls Diddy's son King Combs for diss track that refers to feds' raids of homes
After Diddy's son Christian 'King' Combs name-checked 50 Cent on a diss track, he roasted the young Combs and rehashed allegations against him and his father.Los Angeles Times - Entertainment -
Credit card delinquencies rise as more Gen Z cardholders are maxed out, New York Fed research shows
While credit card balances edged down in the first quarter, more borrowers still fell behind on their card payments, the Federal Reserve Bank of New York found.CNBC - Business - New York -
Fed Chair Jerome Powell says inflation has been higher than thought and expects rates to hold steady
Federal Reserve Chair Jerome Powell reiterated Tuesday that inflation is falling more slowly than expected and will keep the central bank on hold for an extended period.NBC News - Top stories - Federal Reserve -
Fed Chair Powell says inflation has been higher than thought, expects rates to hold steady
Speaking to the Foreign Bankers' Association, the central bank leader noted that the rapid disinflation that happened in 2023 has slowed considerably this year.CNBC - Business - Federal Reserve -
Right-wing Israelis block aid to Gaza coming from the West Bank
Yahoo News - World - Israel -
Banks breaks from the Senate GOP's well-heeled candidate trend
Politico - Politics -
From the king of swing speed to signs of trouble: What we learned from MLB's new bat-tracking numbers
Baseball's latest metric has landed, It measures what hitters really do with the bat in their hands. What does it reveal about MLB’s biggest stars?ESPN - Sports