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Why the Recession Still Isn’t Here
The Wall Street Journal· 13 hours agoTypically...borrowing supports spending. High rates choke off that spending. This time, economic activity has been supported more by wealth and incomes...
Job Growth and Wage Gains Mean Inflation Will Stay Sticky
Barrons.com· 11 hours agoThe strong payrolls report for May could further frustrate the Fed’s attempt to cool price growth,...
Today's top savings account rate roundup: Take home 5.84% with today’s best rates — June 7, 2024
USA Today· 22 hours agoSavings accounts, especially...offered negligible yields after the Great Recession as the Fed...
Biden Has a Historically Strong Job Market. It May Not Be Enough.
New York Times· 13 hours agoJob gains continue to surge, and the unemployment rate remains low, but as the president seeks...
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...
Strong jobs report presents conundrum for Biden
The Hill via Yahoo Finance· 13 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...
Gold & Silver get slammed on positive economic reports
The Forex Market· 11 hours agoSilver has been quietly outperforming gold since February. The junior monetary metal still has a...
Dollar steady ahead of Fed minutes, sterling gains on CPI release
StreetInsider· 12 hours agoAt 04:55 ET (08:55 GMT...at 104.600. The dollar is struggling to move in any meaningful fashion as traders await the release of the minutes from the last Fed meeting, searching ...
The Federal Reserve's role in today's populism
Berkshire Eagle· 5 days agoIt was enough to turn markets around and kick off an economic expansion that lasted for 10 years.
European Central Bank cuts interest rates ahead of US Fed
Semafor via Yahoo Finance· 2 days agoThe Eurozone...may be keeping a close eye on the US Federal Reserve Sources: Associated Press ,...