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Costco accused of “greedflation”: Wholesaler reports increase in earnings while hiking up prices
Salon via Yahoo Finance· 3 days agoAmid the spring of 2021, prices for certain goods — especially food — increased greatly, according...
Business | Jun 15th 2024 Edition
The Economist· 13 hours agoThe Fed now thinks it will cut just once this year, possibly as late as December, a big change from March, when it predicted three cuts. On June 6th the...
Analysts are warning there could be zero rate cuts in 2024 - and stocks could suffer if the Fed...
Business Insider via Yahoo Finance· 3 days agoOn Monday, Moody Analytics chief economist Mark Zandi cautioned that the longer rates remained high,...
How elections test the Federal Reserve's independence
CNBC· 1 day agoThe anticipated November matchup between President Joe Biden and former President Donald Trump could...
Hong Kong keeps rate steady for seventh time as traders shift hope of cuts to later this year
South China Morning Post via Yahoo Finance· 18 hours agoHong Kong's de facto central bank kept its base rate unchanged for the seventh time - with local...
Fed’s $1 trillion pile of paper losses are turning into actual losses — with more in sight
Market Watch· 17 hours agoThe longer rates stay high, however, the harder it will be for the Fed to repair its balance sheet....
Stock market today: Wall Street holds most of its gains after Federal Reserve keeps rates steady
Minneapolis-St. Paul Star Tribune· 2 days agoU.S. stocks are holding onto most of their gains for the day after the Federal Reserve held its main interest rate steady. The S&P 500 was 0.9% higher Wednesday afternoon after rising as much ...
A reply to Professor Sovern’s arguments as to why the Fed, notwithstanding its losses, can still...
JD Supra· 3 days agoAlthough neither the CFPB, the Federal Reserve Board, nor the Treasury has responded to Professor Emeritus Hal Scott’s op-ed on May 20 in the Wall Street Journal, my interview with Professor ...
Fed forecasts just one US rate cut this year as inflation fight not over
The Telegraph via Yahoo Finance· 1 day agoThe chairman of the US Federal Reserve has warned the battle to tame inflation is not over as...
CNBC Daily Open: Fed signals just one rate cut
NBC Chicago· 22 hours agoThe Federal Reserve signaled it expects to cut rates only once this year, down from the three quarter-point reductions projected in March. The Fed...