FOMC Leaves Rates Unch, Says (Bigger Than Expected) QT Taper To Start In June Tl;dr: The Fed just told the market that 'yields are too damn high'. Since the last FOMC meeting, on March 20th, gold has been the biggest outperformer (interesting along with dollar strength), while stocks, bonds, and crude (and crypto) have all been sold (with bonds and oil equally ugly) Source: Bloomberg And since March 20th, US macro data has serially disappointed Source: Bloomberg ...
Kyle Sandilands and Jackie 'O' Henderson launched in Melbourne with a bang on Monday, but listeners in the city were left divided by the breakfast show's raunchy style.
The Greatest Roast of All Time: Tom Brady special took place at the Kia Forum in Inglewood, California. The seven-time Super Bowl champion was ruthlessly mocked over his divorce. Among those who poked fun of the retired quarterback were Kevin Hart, Kim Kardashian, Julian Edelman, Rob Gronkowski, Drew Bledsoe, and Randy Moss
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.
Rio Ferdinand says Erik ten Hag has to leave if Jadon Sancho is to return. Sancho has been in impressive form for Dortmund on loan from Man United. Another nightmare which players are to blame and should Thomas Tuchel come in? Listen to the
The Federal Reserve is not expected to cut interest rates Wednesday as inflation persists. CBS News contributor J.D. Durkin breaks down the data.
Somebody forgot to tell corporate America that the stance of monetary policy is restrictive.
Jack Dorsey has apparently exited the Bluesky board. As spotted by TechCrunch, the former Twitter CEO who was previously Bluesky’s highest-profile proponent shared the life update this weekend on X, where he’s been posting a lot lately. In response to a user who asked “are you still on the bsky board,” Dorsey said only, “no.” That’s it, nothing more. Engadget has reached out to the company for comment and will update this story if we hear back. no— jack (@jack) May 4, 2024 The decentralized...
WASHINGTON (NEXSTAR)– For now, consumers can't bank on lower borrowing
The Fed voted to leave interest rates on hold for the sixth consecutive meeting but policymakers flagged a "lack of further progress" on inflation.
NEW YORK (Reuters) - Federal Reserve Chairman Jerome Powell reiterated Wednesday that political considerations around the looming presidential election will not affect the central bank's interest rate decisions.When it comes to the election, “we’re at peace with it, we know that we’ll do what we think is the right thing," Powell said at his press conference following the latest Federal Open Market Committee meeting. He added there's no evidence from Fed meeting transcripts that officials have...
Columbia University on Monday began suspending the students who refuse to leave the pro-Palestinian encampment on campus, hours after the deadline to leave the encampment passed.