This is really important, read and share this. [Gifted article, The Washington Post] This should be a 5-alarm fire for anyone who cares about inflation
With the 2024 election approaching, the central bank’s independence is on the line. By Catherine Rampell
The #FederalReserve is still eyeing 3 #InterestRate cuts this year, as ofcls wait for a bit more confidence #inflation is reliably falling to more normal levels.
At the close of their 2-day meeting on Wed, central bankers left the benchmark interest rate steady at between 5.25 & 5.5%. Ofcls also released projections that showed 3 rate cuts to come in 2024.
On Fri, President #Biden hailed fresh government data showing that annual #inflation over the second half of 2023 fell back to the #FederalReserve’s 2% target. Coupled w/Thursday’s news that the #economy grew by 3.1% over the past 12 months, the #Commerce Dept report showed that the #UnitedStates appears to have achieved an #economic soft landing.
Rege Nachfrage nach Halbleiteraktien belebte heute besonders die Nasdaq. Doch Zinssorgen dominieren weiterhin das Geschehen an der Wall Street. Wann senkt die Notenbank ihre Zinsen?
US job openings pulled back in October to the lowest level since early 2021, underscoring the gradual cooling in the labor market that the Federal Reserve would like to see.
Die US-Notenbank Fed lässt ihren Leitzins erneut unverändert auf dem höchsten Stand seit 2001. Fed-Chef Jerome Powell hält aber die Tür für eine weitere Zinserhöhung offen.
What the new U.S. Federal Reserve interest rate hike might mean for the economy.
Vox has an explainer on the change that brings borrowing costs to a 22-year high range of 5.25 to 5.5 percent, an increase that will be felt by businesses and consumers alike.
#GoldmanSachs is being investigated by the #FederalReserve and the Securities and Exchange Commission over its role in Silicon Valley Bank’s final days #legal#SEC
#FederalReserve officials signaled they are increasingly likely to hold #rates steady at their June meeting, before preparing to raise them again later this summer
Fed leaves interest rates steady and may be done with hikes (www.washingtonpost.com)
Financial markets are eagerly awaiting any hints on when the Federal Reserve might cut borrowing costs in 2024.
Job Openings Hit Two-Year Low in Cooling to Be Welcomed by Fed (www.bloomberg.com)
US job openings pulled back in October to the lowest level since early 2021, underscoring the gradual cooling in the labor market that the Federal Reserve would like to see.
US inflation eased slightly last month as price increases extend slow descent (abcnews.go.com)
Measures of U.S. inflation in September showed that the pace of price increases is still grinding lower, though at a slow and uneven pace