May 1 (UPI) — The Federal Reserve Wednesday voted to keep interest rates unchanged, in line with expectations as inflation remains above the central bank’s 2% threshold. The Federal reserve’s Federal Open Market Committee said in a statement that the central bank left interest rates for overnight bank borrowing within a range of 5.25%-5.5%. With CPI inflation at 3.5%, the […] The post Fed leaves interest rates unchanged amid inflation rate higher than 2% target first appeared on Gephardt Daily.
Micro Trumps Macro As Stocks Shrug Off Week Of Higher Inflation, Higher Rates, & Lower Growth It was an ugly macro week Source: Bloomberg and worse still, 'growth' surprises disappointed significantly while 'inflation' surprises surprised to the upside significantly Source: Bloomberg Soaring inflation expectations sent rate-cut expectations to new cycle lows Source: Bloomberg pushing yields higher across the board (led by the long-end) Source: Bloomberg But, stocks...
It marked another increase after the prior month's annual gain of 6%, and
Public opinion about EV crash safety often hinges on a few high-profile fire incidents. Those safety concerns are arguably misplaced, and the actual safety of EVs is more nuanced. I’ve researched vehicle safety for more than two decades, focusing on the biomechanics of impact injuries in motor vehicle crashes. Here’s my take on how well the current crop of EVs protects people: The burning question EVs and internal combustion vehicles undergo the same crash-testing procedures to evaluate...
UK house prices fell at the sharpest pace in eight months after the cost of mortgages crept higher, one of the country’s biggest lenders said.
It's a tough case to sell that higher interest rates today are having a substantially negative impact on the course of the economy.
For pregnant Latinas, food choices could reduce the risk of preeclampsia, a dangerous type of high blood pressure.
For pregnant Latinas, food choices could reduce the risk of preeclampsia, a dangerous type of high blood pressure.
High interest rates have created strong headwinds for the global energy transition, according to a new report by Wood Mackenzie.
Hinckley & Rugby Building Society has refreshed its product range,
Nationwide's takeover of Virgin Money is hitting the headlines as thousands of customers protest that they will not get a vote on whether it should happen.
Watching parents watch their athlete kids is one of the best parts of the Olympics, and this year we'll see just how excited they are via heart monitors.