The early data is in for the path of inflation during the first three months of 2024, and the news so far is not good.
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.
The CEO of cryptocurrency exchange, Binance, Richard Teng, yesterday said that the company is working very closely with Nigerian authorities following the detention of the company’s Head of Financial Crime Compliance.
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
Bringing down inflation is being frustrated by sticky services prices. Experts say the Fed may have a meaningful problem on its hands.
On Thursday, the United Way of Monongalia and Preston Counties hosted a community gathering for food and feeding programs and public officials to network and develop strategies to better serve clients.
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell cautioned Tuesday that persistently elevated inflation will likely delay any Fed rate cuts until later this year, opening the door to a period of higher-for-longer interest rates. “Recent data have clearly not given us greater confidence” that inflation is coming under control” and instead indicate that it’s […]
Federal Reserve Chair Jerome Powell cautioned that persistently elevated inflation will likely delay any Fed interest rate cuts until later this year, opening the door to a period of higher-for-longer rates
After the Johnson County Board of Supervisors voted to back funding for emergency contraceptives for survivors of sexual assault in August after state funding was paused, the future of reinstating statewide financial support remains undetermined. In 2023, Iowa Attorney General Brenna Bird audited and paused Iowa’s funding of emergency contraceptives for survivors of rape. The
The world is at risk of a “sluggish and disappointing decade”, the head of the International Monetary Fund has warned, while urging vigilance to restore price stability and jumpstart economic growth.]]>