Latest in Chicago Fed's Austan Goolsbee sees rate cuts depending on inflation progress
Sort by
1,834 items
-
Smoking rates in parts of England rise for first time since 2006, study shows
South-west sees biggest jump, up 17% between 2020 and 2024, while rate in southern England increases by 10%. Smoking rates in parts of England have increased for the first time in nearly two ...The Guardian - 5d -
NOAA and National Weather Service job cuts raise concerns about forecasts
A hurricane modeling specialist fired from the National Weather Service said progress on forecast accuracy may "go backwards" if job cuts continue.CBS News - Mar. 11 -
Why the Fed’s Job May Get a Lot More Difficult
President Trump’s plans risk stoking inflation and denting growth, an undesirable combination that economists warn could lead to much tougher trade-offs for the central bank.The New York Times - 3d -
US consumers’ long-term inflation expectations hit 32-year high
Worse than expected data comes days ahead of Federal Reserve’s next meeting on interest ratesFinancial Times - Mar. 14 -
Banks are feeling the strain as lower-income consumers struggle with inflation and tariff chaos
Banks are seeing lower credit-card spending, while delinquencies are rising.MarketWatch - Mar. 14 -
-
FirstFT: Nvidia to spend billions in US as it shifts chip supply chain from Asia
Also in today’s newsletter, the Fed cuts its 2025 growth forecast and how Jeff Bezos made peace with MagaFinancial Times - 4d -
U.S. consumers are starting to crack as tariffs add to inflation, recession concerns
Airline and retail executives are bracing for a slowdown in demand amid concerns tariffs will cut down consumer spending.CNBC - Mar. 15 -
Powell says Fed is awaiting 'greater clarity' on Trump policies before making next move on rates
Powell reiterated statements he and his colleagues have made recently counseling patience on monetary policy.CNBC - Mar. 7 -
CNBC Daily Open: The effect of Trump policies will sway Fed’s interest rate moves
U.S. President Donald Trump's policies to reshape the U.S. and its economy are so drastic that the Federal Reserve is taking note.CNBC - Mar. 10 -
The Fed’s interest-rate pause has a silver lining for worried Americans — if they make this move
Consumers are increasingly concerned about their jobs and their access to credit as recession fears loom.MarketWatch - 3d -
Does the Fed Share the Stock Market’s Worry About the Economy?
So far, the Federal Reserve has avoided commenting on the increasingly uncertain outlook, but investors are waiting to see whether it changes its projections on Wednesday.The New York Times - 4d -
E.C.B. Cuts Interest Rates Again, With an Uncertain Path Ahead
Vows by European leaders to increase borrowing to ramp up military spending have reshaped the fiscal picture that the central bank must confront.The New York Times - Mar. 6 -
Canada cuts rates as trade war shakes consumer and business confidence
Reduction to 2.75% comes hours after US tariffs on aluminium and steel take effectFinancial Times - Mar. 12 -
Will the Federal Reserve speed up US rate cuts this year?
Market Questions is the FT’s guide to the week aheadFinancial Times - Mar. 16 -
Asia-Pacific markets trade mixed despite tariff uncertainty and recession fears in the U.S.
Economists polled by Reuters expect India's inflation rate to slow to 3.98% in February from 5.68% in January.CNBC - Mar. 12 -
Tariffs are 'simply inflationary,' economist says: Here's how they fuel higher prices
Tariffs are expected to increase the inflation rate this year, according to U.S. Federal Reserve chief Jerome Powell.CNBC - 3d -
Stocks see best ‘Fed day’ rally since July, thanks to a ‘nonchalant’ Powell performance
Federal Reserve Chair Jerome Powell’s nuanced take on the economic outlook helped lift stocks on Wednesday.MarketWatch - 4d -
‘Not quite yet beautiful’: Republicans at odds over spending cuts after meeting Trump
Senate Republicans aren’t seeing eye to eye with their colleagues in the House over places to cut spending in order to pay for their extension of the 2017 Trump tax cuts. GOP members of the Senate ...The Hill - Mar. 14 -
Price growth cooled more than expected in February, before Trump ramped up tariffs
The president took office promising to immediately lower inflation, but economists say his expanding trade war threatens progress on price hikes.NBC News - Mar. 12 -
Aid workers warn ‘people are dying and they’re going to continue dying’ as funding cuts hit
Moves by US, UK and other donors to cut aid mean ‘high malnutrition rates, starvation and death’, say experts. Cuts to food assistance by the US, Britain and others are already leading to more ...The Guardian - Mar. 14 -
What Does a Shutdown Have to Do With the Budget or Elon Musk? Here’s a Guide.
A short-term spending bill, a 10-year budget plan and Musk’s cost-cutting team are all progressing at once.The New York Times - Mar. 11 -
Haiti’s Biggest Hospital, Dependent on U.S.A.I.D., Is Set on Fire by Gangs
A fire set by gangs at the country’s largest public hospital underscores long-simmering problems in Haiti, which is heavily dependent on international aid.The New York Times - Mar. 15 -
Newcastle See £50M-Rated PSG Target as Perfect Signing, Face Major Real Madrid Problem
Paris Saint-Germain showed interest in Dean Huijsen last summer as part of their defensive rebuild, but the Spanish center-back ultimately joined AFC Bournemouth. If they decide to make another ...Yahoo Sports - 3d -
Stand Up for Science Rally Sees Mix of Science, Politics and Anxiety
Thousands of protesters gathered in Washington for Stand Up for Science, a rally in response to President Trump’s federal-funding and job cuts.The New York Times - Mar. 9 -
Mar 12: CBS News 24/7, 10am ET
Inflation rate hits 2.8% in February, less than expected; SpaceX Crew 10 mission set for launch, could pave way for return of Starliner astronauts.CBS News - 3d -
🎥 Aït-Nouri rates Wolves teammate's skills alongside PL greats 🔠
Wolves are enjoying a new lease of life under Vítor Pereira as look set to safeguard their Premier League status for another season.A nine-point cushion from the relegation zone sees the Molineux ...Yahoo Sports - 3d -
Comparing the West Virginia resume to the bubble
As of today West Virginia is still included in the NCAA Tournament field and perched around 10-12 depending on the bracket.We examine some of the other teams on the bubble to see how the resumes ...Yahoo Sports - Mar. 14 -
A look at injuries that could shape the NCAA Tournament and the brackets of millions of Americans
The chances of Houston cutting down the nets at the Final Four in a few weeks could depend on the uncertain status of J'Wan Roberts' ailing right ankle. The same can be said for fellow No. 1 seed ...Yahoo Sports - 4d -
China bond yields jump to three-month highs as investors pare rate cut expectations
Chinese government bond yields moved further away from January's historic lows amid optimism in the faltering economy and a stock market rally.CNBC - Mar. 10 -
Chelsea Willing to Cut Losses, Sell £52M-Rated Bayern Munich, PSG-Linked Talent This Summer
During the winter transfer window, Paris Saint-Germain considered signing Christopher Nkunku but ultimately decided against it. Despite staying at Chelsea, it looks like Nkunku and the club could ...Yahoo Sports - 2d -
Left-Wing Democrats Wait on AOC’s Decision as They Look to 2028 Election
With Bernie Sanders unlikely to run for president again and Democratic voters fuming at party leaders, many progressives see an open lane. But who will fill it?The New York Times - 1d -
Dollar General says some customers can no longer afford staples
Dollar General's core customer base of low-income Americans are still getting hit by inflation, with retailer seeing little improvement ahead.CBS News - Mar. 13 -
WATCH: Chicago celebrates St. Patrick’s Day as the Chicago River flows green
The Chicago River is once again glowing kelly green as the city opens its annual St. Patrick’s Day celebrations.ABC News - 6d -
Plenty of big names missed the cut at the 2025 Players Championship. See the list here
Many notables won’t sleep so easy thinking about what went wrong at TPC Sawgrass.Yahoo Sports - Mar. 15 -
Plan to freeze key disability benefit may be dropped
Many usually loyal Labour MPs had voiced strong opposition to the idea of not increasing PIP in line with inflation, as part of expected welfare cuts.BBC News - Mar. 16 -
Wholesale inflation flattens out in February in another sign of easing inflation
Wholesale prices were unchanged in February, offering more evidence that inflation pressures eased somewhat in early 2025.MarketWatch - Mar. 13 -
Inflation takes it easy
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Inflation cools in Trump’s first month After a week of rising economic fears, the ...The Hill - Mar. 12 -
Central banks should fear misbehaving inflation expectations
Widening dispersion and greater inflation uncertainty mean expectations are not as anchored as they appearFinancial Times - Mar. 11 -
MeidasTouch Pops on Podcast Charts as Progressives Search for Answers
The company is a leader among numerous digital-first outlets that have been reshaping the progressive media landscape since President Trump took office.The New York Times - Mar. 11