Federal Reserve Vice Chair Philip Jefferson suggested Tuesday that the central bank’s key rate may have to remain at its peak for a while to bring down persistently elevated inflation. In a speech, Jefferson said he expects inflation to continue to slow this year. But he omitted a reference to the likelihood of future rate […]
In the latest TV ratings, CBS’ Young Sheldon was Thursday’s most watched program, while ABC‘s coverage of the NFL Draft (Round 1) dominated in the coveted-and-delicious 18-49 demo. CBS | Young Sheldon (with 6.9 million total viewers and a 0.4 rating) was down a tick in both measures. Ghosts (6.1 mil/0.5) and the recently cancelled […]
WASHINGTON (AP) — Federal Reserve Vice Chair Philip Jefferson suggested Tuesday that the central bank’s key rate may have to remain at its peak for a while to bring down persistently elevated
The Judo Bank is now forecasting the Reserve Bank will raise interest rates three times in 2024. This would see borrowers paying the highest rates in almost 16 years.
Judo Bank now predicts the Reserve Bank will raise interest rates three times in 2024 to levels not seen in 16 years - increasing the average mortgage repayment by $300 a month.The bank's chief economic adviser, Warren Hogan, forecast the key interest rate will rise to 5.1 percent by Christmas, from a 12-year high of 4.35 percent. Rate hikes in August, September and November this year would see the Reserve Bank of Australia's key interest rate reach levels last seen in December 2008 during the...
A key member of the US central bank, Raphael Bostic, tells the BBC rates might only ease "at the end of 2024".
The Midnight Studio, Episode 10 viewership was steady in Korea last night for its third episode in a row, while international audiences have never wavered over their enjoyment of the supernatural drama.
Tyndall Air Force Base -- The 44th Fighter Group, Air Force Reserve, conducted their first flying Unit Training Assembly at Tyndall Air Force Base, Florida, April 6, 2024, since returning to Tyndall. This training proved valuable for the pilots and maintainers by giving them hands-on experience with F-35A Lightning II’s and their first local sortie since departing Tyndall prior to Hurricane Michael.
The Kansas Department of Labor said the state’s unemployment rate for March is unchanged from the previous month, and it’s unchanged from this time last year. The jobless rate for March remained at 2.7 percent. Seasonally adjusted
Australian mortgage holders should not be banking on interest rate relief following surprisingly strong quarterly inflation data. The March quarter consumer price index revealed lingering price pressures, especially for services such as education, health, rents and insurance, slimming the chance of interest rate cuts any time soon. Fewer or no cuts in 2024 will delay […]
Britain’s FTSE 100 index reached a record high of 8,076 points early on Tuesday April 23 as hopes grew of cuts in the interest rate. This overtook the previous day’s 8,023 and outstripped February 20023’s record 8,0476 points. The City was counting on two interest rate reductions this year, with the first announced in August after […]
When analysing the outlook for equities, it can be useful to consider the assumptions financial markets appear to be pricing in. Historically we have found that opportunities and risks are most present when the market is pricing in bearish or bullish outcomes respectively that probabilistically are