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Why the Recession Still Isn’t Here
The Wall Street Journal· 3 hours agoTypically...borrowing supports spending. High rates choke off that spending. This time, economic activity has been supported more by wealth and incomes...
Today's top savings account rate roundup: Take home 5.84% with today’s best rates — June 7, 2024
USA Today· 11 hours agoSavings accounts, especially...offered negligible yields after the Great Recession as the Fed...
Strong jobs report presents conundrum for Biden
The Hill via Yahoo Finance· 3 hours agoThe May jobs report delivered an upside surprise Friday for the labor market and the strength of the U.S. economy as payrolls increased by 272,000 and...
Biden Has a Historically Strong Job Market. It May Not Be Enough.
New York Times· 3 hours agoJob gains continue to surge, and the unemployment rate remains low, but as the president seeks...
Take Five: Which way to look first? By Reuters
Investing.com· 12 hours agoU.S. Federal Reserve and Bank of Japan meetings, a G7 gathering, plus key U.S. inflation and UK jobs data are all coming up in the week ahead - and...
Gold & Silver get slammed on positive economic reports
The Forex Market· 33 minutes agoSilver has been quietly outperforming gold since February. The junior monetary metal still has a...
Trump’s policies in a second term would be ‘substantially inflationary,’ Larry Summers says
Market Watch· 2 days agoIn his reference to the Federal Reserve, Summers appeared to be talking about an April report that...
European Central Bank cuts interest rates ahead of US Fed
Semafor via Yahoo Finance· 1 day agoThe Eurozone...may be keeping a close eye on the US Federal Reserve Sources: Associated Press ,...
Higher interest rates, please: The Fed must raise its long-term target for a soft landing
The Hill· 8 hours agoThe most popular guessing game on Wall Street this year has been to ascertain when and by how much the Federal Reserve will cut interest rates. Shifting expectations surrounding ...
The Federal Reserve's role in today's populism
Berkshire Eagle· 4 days agoIt was enough to turn markets around and kick off an economic expansion that lasted for 10 years.