Federal Reserve As It Happened Us Central Bank Cuts Growth Forecast and Boosts Inflation Outlook
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US will be ‘central’ to climate fight even without Trump, says Cop30 president
André Corrêa do Lago suggests US organisations can play a constructive role even if government limits participation. The US will be “central” to solving the climate crisis despite Donald Trump’s ...The Guardian - Mar. 10 -
The Fed Sees Higher Inflation and Lower Growth
Also, Zelensky agreed to a limited cease-fire in a call with Trump. Here’s the latest at the end of Wednesday.The New York Times - 14h -
House Republicans unveil spending bill boosting defense and trimming all else
Strategy is not likely to earn Democrats’ votes, so Trump is leaning on Republicans to force it through. US House Republicans unveiled a spending bill Saturday that would keep federal agencies ...The Guardian - Mar. 8 -
Here's what today's CPI report says about inflation
The inflation rate last month was slightly lower than forecast by economists, although price increases are still higher than the Fed would like.CBS News - Mar. 12 -
Fed holds interest rates steady, still sees two cuts coming this year
The Federal Reserve in a closely watched decision Wednesday held the line on benchmark interest rates though still indicated that reductions are likely later in the year.CNBC - 15h -
Stitch Fix’s stock rallies after styling service boosts full-year sales forecast
Shares of Stitch Fix rallied after hours on Tuesday, after the online clothing and styling service nudged its full-year sales forecast higher and said its turnaround efforts were working, even as ...MarketWatch - Mar. 12 -
How much will the UK be hit by tariffs and what happens next?
How much will the UK be hit by US tariffs and what happens next?BBC News - Mar. 12 -
‘Game changer’: German spending plans lift bond market’s growth forecasts
Chancellor-in-waiting Merz’s promise to do ‘whatever it takes’ pushes Bund yields sharply higher in anticipation of more issuanceFinancial Times - Mar. 8 -
IfW Kiel ties German growth forecast for 2026 to defence spending
Yahoo News - Mar. 13 -
US listings often fail to boost European companies’ valuations
FT analysis finds that while liquidity usually improves, adding a New York listing does not always boost multiples or coverageFinancial Times - 3d -
‘They lock us in like sheep’: new Israeli checkpoints and barriers raise fears in the West Bank
Israel’s growing network of roadblocks are cutting off communities from major transport routes, disrupting work, education and aid supplies. The road to Atara from Ramallah winds through the hills ...The Guardian - 4d -
Dick's Sporting Goods is latest retailer to forecast rocky 2025 as recession fears swirl
Dick’s Sporting Goods on Tuesday said it’s expecting 2025 profits to be far lower than Wall Street anticipated, making it the latest retailer to forecast a rocky year ahead as consumers contend ...NBC News - Mar. 11 -
Hungary's leader orders price controls on basic foods as inflation spikes
Hungary’s government is limiting the profit margin for grocers on a number of basic food items in response to growing inflation hitting consumers in the Central European countryABC News - Mar. 11 -
How the US economy lost its aura of invincibility
Tariffs and cuts to the federal workforce are raising uncertainty and sapping confidence, while investor exuberance has fadedFinancial Times - 5d -
Immigration accounted for all U.S. population growth in 2022-23, first time since 1850
All U.S. population growth in 2022-23 happened because of immigration, not births, the first time that’s occurred since 1850, the Migration Policy Institute reported Wednesday.NBC News - Mar. 12 -
UK wage growth holds steady at 5.9%
Figures come as Bank of England is expected to hold interest rates on ThursdayFinancial Times - 4h -
Federal Cuts Prompt Johns Hopkins to Cut More Than 2,000 Workers
The university, a leader in scientific research, has been hard hit by the Trump administration’s cuts, which will slash at least $800 million from its budget.The New York Times - 6d -
The crisis at IndusInd, India’s fifth-largest private bank
Also in this newsletter: Starlink set to enter India and inflation cools offFinancial Times - 6d -
Trump’s Unpredictable Tariffs Cloud Europe’s Economic Outlook
The mood at a gathering of central bankers, economists and analysts in Europe was somewhat bewildered, as they assessed the unpredictability of trade policy and geopolitics.The New York Times - Mar. 12 -
Indonesia shores up rupiah as fears over sluggish economy mount
Central bank maintains benchmark interest rate at 5.75%Financial Times - 1d -
Trump defends cuts to federal workforce and Department of Education
President Trump said he felt "very badly" for the federal workers who have lost their jobs under his administration but defended the decision by claiming "many of them don't work at all." Trump ...NBC News - Mar. 12 -
How the gold bullion boom sent a US recession alarm blaring
Gold-adjusted GDP forecasts. Really!Financial Times - Mar. 10 -
U.S. payroll growth totals 151,000 in February, less than expected
Nonfarm payrolls were expected to increase 170,000 in February, according to the Dow Jones consensus forecast.CNBC - Mar. 7 -
Trump’s trade war will damage global growth, OECD warns
Forecasts downgraded for a dozen G20 economies and alarm sounded on ‘ratcheting up’ of trade barriersFinancial Times - 3d -
Trump and DOGE Create Anxiety but Opportunity for Federal Contractors
By cutting federal employees, the Trump administration may increase its reliance on firms that take in billions through government contracts.The New York Times - 5d -
This Space Spy Agency’s AI Shift May Hint at Your Company’s Future
Facing staff losses after DOGE cuts, one federal intelligence agency is speeding up its AI tool deployment. It could be a model for how your company boosts workers’ efficiency.Inc. - Mar. 12 -
The Biggest US Banks Have All Backed Out of a Commitment to Reach Net Zero
In the lead up to the inauguration, the six largest US banks left a voluntary alliance with the UN to reach net zero by 2050. Now, critics are calling for new climate laws.Wired - Mar. 8 -
February consumer price index report shows slight inflation improvement
New numbers released today say that inflation has improved slightly, with the February consumer price index report showing a 2.8% rise from year before and price growth climbing 0.2% from January ...NBC News - Mar. 12 -
They lost their federal jobs and now can’t get jobless benefits: ‘You’re left watching your bank account slowly bleed’
Fired federal workers are having trouble getting unemployment benefits — and some experts fear that could spell trouble for the broader economy.MarketWatch - 4d -
Mattel to lay off 120 workers in latest cost-cutting move
Mattel said the job cuts are part of an effort to save money as the company optimizes for growth.Los Angeles Times - 17h -
See How Elon Musk’s Team Inflated, Deleted and Rewrote Its Savings Claims
The cost-cutting group removed hundreds of contracts from its “wall of receipts,” added back many of them, and inflated savings values.The New York Times - 5d -
Worst storms of 2025 will be outside Tornado Alley, severe weather forecast predicts
Tornadoes can (and have) hit every U.S. state, but the area nicknamed Tornado Alley is probably where your mind goes when you think of dangerous twisters. This year, that's not be the region of ...The Hill - 6d -
Farms, Food Banks Cut Off Guard By Spending Cuts
Promising a return to “fiscally responsible initiatives,” the Agriculture Department ended two Biden-era programs that paid farmers to provide food to schools and low-income families.The New York Times - 6d -
A big inflation report is on the way Wednesday. Here's what to expect
The consumer price index for February is forecast to show an increase of 0.3% for goods and services across the largest economy in the world.CNBC - Mar. 11 -
Federal funding cuts lead FEMA to cancel National Fire Academy courses
The cancellation of courses at National Fire Academy comes as the federally funded institution was set to welcome a new set of fire safety officers for training next week.CBS News - Mar. 8 -
Hundreds of federal offices to start to empty this summer due to DOGE cuts: AP
Federal agencies will begin to vacate hundreds of offices nationwide this summer under a frenetic and error-prone push by DOGE to scrap leases it says waste money.CBS News - 6d -
Delta cuts its once-rosy outlook. Here’s what’s worrying the airline.
Shares of Delta Air Lines Inc. dropped more than 9% after hours Monday after the airline slashed its current-quarter estimates, seeing trouble ahead for demand for its domestic flights.MarketWatch - Mar. 11 -
Federal Reserve is likely to hold interest rates steady next week. But some consumer loans are getting cheaper
High interest rates have put pressure on households, but some borrowing costs are starting to ease, even with the Fed on the sidelines.CNBC - 5d -
Federal Reserve holds interest rates steady: What that means for mortgages, credit cards and more
The Fed is staying on the sidelines, for now, but some consumer loan rates are changing.CNBC - 18h -
Judge halts EPA effort to claw back green bank funds
Click for more from The Hill. {beacon} Energy & Environment Energy & Environment The Big Story Judge halts EPA effort to claw back green bank funds A federal judge in Washington, D.C., has ...The Hill - 14h
