On Thursday’s broadcast of Bloomberg’s “Balance of Power,” White House Council of Economic Advisers member Heather Boushey stated that the March PPI inflation data, which showed the highest level in almost a year, “tempers” worries in the wake of the
Jon Obi Mikel has opened up on his failed move to Man United. The former Blue has revealed he met with Sir Alex Ferguson and the FA. If Erik ten Hag wins the FA Cup with Man United, does he deserve to keep his job?
The higher than expected March CPI released on Wednesday freaked everyone out and got the markets convinced we will see fewer, if any, interest rate cuts this year. I have never been a Fed tea leaf reader, and am not about to change professions now, but it will be bad news if the Fed puts More
Today on TAP: More than 400 economists work for the Federal Reserve Board. Far too many are intimidated by the echo chamber of bad economics created by Chair Jay Powell.
Thousands of petrolheads gathered and filled a retail park's car park
A Friends prequel about Phoebe is genuinely a great idea.View Entire Post ›
It wasn’t long ago when the activist Left had a whole laundry list of systems and impersonal forces that it was battling against: sexism, homophobia, white supremacy, ableism – you name it. The Millenial Left may have nodded along to Bernie Sanders’ old labour-Left leanings. Still, they largely abandoned the class struggle of old for a struggle against boutique oppressions that were contingent but intersecting, hence the rise of so-called “intersectionality.”
Dollar & Yields Soar As Fed-Fears Trump WW3-Worries Mixed data overnight out of China (GDP beat, Retail sales & Industrial production miss) was matched by an equally divergent day of macro in the US with ugly housing data but strong industrial production, but once again the markets were ping-ponged by Fed fears (rate-cuts-off - Fed Vice-Chair Jefferson and Powell both sang from the same 'higher for longer' hymnsheet with the latter finally admitting that "recent [inflation] data...
Federal Reserve Chair Jerome Powell said Tuesday that the U.S. economy, while otherwise strong, has not seen inflation come back to the central bank’s goal, pointing to the further unlikelihood that interest rate cuts are in the offing anytime soon. Speaking to a policy forum focused on U.S.-Canada economic relations, Powell said that while inflation continues to make its way lower, it hasn’t moved quickly enough, and the current state of policy should remain intact. “More recent data shows...
Powell said that while inflation continues to make its way lower, the
(The Center Square) – Illinois Treasurer Michael Frerichs is working with U.S. Rep. Danny Davis, D-Chicago, to urge the U.S. Treasury to make it easier for states to facilitate the return of mature U.S. Savings Bonds. Freichs said at a news conference in Chicago that the Illinois Treasurer’s Office has an unclaimed property and missing money department where they take money that was maybe forgotten in an old savings account, and they put that money back into the pockets of those...
CNBC's Jim Cramer told investors to keep some cash on hand.