SUMMERS: Fed's next rate move COULD BE A HIKE! (Second column, 6th story, link) Related stories:Consumer prices rise 3.5%Long-predicted storm clouds in economy may be formingCredit-Card Delinquency Rates Worst on RecordPrice of Chocolate Boxes Going Up as Cocoa Prices Soar
Record-breaking bet placed on Dec. 2024 short-term interest rate futures, anticipating Fed rate cuts due to strong economic data and high inflation.
NEW YORK (AP) — Goldman Sachs said it saw a double digit rise in its first quarter profits on Monday, lifted broadly by the stock and bond markets' performances in the first months of the year. The strong quarter comes after Goldman struggled most of 2023 as higher interest rates put a pause on companies doing deals and mergers. But as executives have adjusted to the new normal and interest rates appear to be heading lower, Goldman has benefitted from the change in attitude. The New...
HARLINGEN — For the first time in 10 years, commissioners are set to call for a new water rate plan boosting utility customers’ charges by about 50% during the next five years to help fund a sewer system overhaul that’s part of WaterWorks’ $258 million five-year master plan.
WPS does, too. That would make 8 straight years of rate hikes for We Energies.
It's Not Rate Hikes That Are "Sparking An Economic Boom", It's The Fiscal Stimulus By Michael Every of Rabobank The Polybius Crisis Take a step back (in time), and see that our neoliberal, debt-addled, was-lower-for-longer global system is not just in a Polycrisis but a Polybius Crisis - referring to the ancient Greek historian. Polybius Methodology: Polybius was first to argue ‘consider your source’: today, media and markets still spout and swallow propaganda. He argues we can’t...
Australia’s long-suffering renters cannot get any relief. Asking rents started rising again in the first quarter as the typically busy start-of-year changeover period collided with an already hot market. The median cost of renting a house in the combined capitals reached a new record of $630 a week, according to real estate platform Domain, and […]
This week, the European Central Bank (ECB) is scheduled to convene the monetary policy meeting, offering clues on the interest rate path and the economic outlook. Additionally, the US will release its March inflation data, steering the global market’s sentiment.
As the NBA regular season concludes and teams prepare for the playoffs, 2K has unveiled the latest player ratings for NBA 2K24. These ratings reflect the standout performances of key players who have positioned their teams for postseason success. Oklahoma City Thunder guard Shai Gilgeous-Alexander leads the pack, whose stellar play has earned him a […] The post NBA 2K24 Reveals Latest Player Ratings Ahead of Playoffs first appeared on The Source.
The path for the Bank of England to cut interest rate cuts looks increasingly uncertain, particularly as the US Federal Reserve looks set to wait a while longer before loosening policy.
Asian shares were mixed on Wednesday as the world’s most powerful central banker had a change of heart on US rate cuts this year, pushing Treasury yields to new five-month highs and the dollar towering against other currencies. The beleaguered yen is plumbing fresh 34-year lows on an almost daily basis. It was last steady […]
Federal Reserve Chair Jerome Powell signaled policymakers will wait longer