National Catholic Reporter9h
Despite economic interests, society must embrace social justice, pope says
While the forces of a market economy may obstruct people from advancing social justice, society cannot remain mute in the ...
Interest rates may stay high for longer. Here’s what it means for the 2024 election.
At the start of 2024, the economy appeared to deliver just about everything President Joe Biden could want: falling inflation ...
The Fed will spark an economic crash by delaying rate cuts, State Street equity research chief says
"We increasingly begin to hear about things breaking down," State Street's Marija Veitmane said.
Dawn1h
Economic crisis deepens amid political instability
Some traders and industrialists note that persistent political disturbances have dashed hopes for stability after visible economic improvements compared to last year. “There is no sign of stability in ...
Fed Expected To Hold Interest Rates Steady In June
The Federal Open Market Committee is expected to hold interest rates steady at the conclusion of its next meeting on June 12 ...
Minneapolis Fed's Kashkari says interest rate conundrum makes 2024 uncertain
Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, said it’s possible an interest rate cut won’t happen this year after all.
Marketplace9d
Could the Fed cut interest rates based on this week’s economic data?
The Federal Reserve will be watching jobs and unemployment numbers, as well as a manufacturing index and other private sector ...
Sweden acts as guinea pig on interest rate cuts, moving before the Fed for the first time this century—but it could be costly
Sweden’s preferred measure of inflation has fallen to 2.2%, close to the Riksbank’s target of 2%. On the surface, it is a ...
Yahoo5h
Brazil Central Bank Slows Pace of Interest Rate Cuts With Quarter-Point Reduction
(Bloomberg) -- Brazil’s central bank cut its key interest rate by a quarter of a percentage point, tempering its monetary ...
Fed holds interest rates steady at highest level since 2001
The Fed Funds rate stands between 5.25% and 5.5%, matching its highest level since 2001.
East Idaho News2h
Bright spots for Idaho in overall economic forecast, regional economist says
Zion’s Bank Senior Economist and Public Policy Officer Robert Spendlove emphasized Idaho’s overall strong economic position ...
Cramer says ongoing rally in utilities is a harbinger of economic slowdown
CNBC's Jim Cramer on Wednesday honed in on the Dow Jones Utility Average, whose rally over the last several weeks he said suggests the economy is slowing down and interest rates may be headed lower.