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High interest rates aren’t going away anytime soon – a business economist explains why
The Conversation via Yahoo Finance· 2 days agoInitially, it had some success in reducing inflation that had peaked at about 9% that year. Indeed,...
Take Five: Surfin USA By Reuters
Investing.com· 9 hours agoU.S. consumers are in focus as the University of Michigan's preliminary reading on consumer sentiment in May gives a snapshot of their inflation...
Fed holds interest rates higher for even longer as inflation remains high
FOX Business· 1 day agoFed officials have said in past meetings that they anticipated rate cuts for 2024 but need more...
Key Equity ETFs Trade Flat as Central Bank Holds Rates in Place
etf.com via Yahoo Finance· 2 days agoHe added: "Our employment...charge one another for borrowing and lending excess reserves. March's ...
Take Five: Surfin USA
Investing.com· 12 hours agoU.S. consumers are in focus as the University of Michigan's preliminary reading on consumer sentiment in May gives a snapshot of their inflation...
Australian Dollar remains steady amid tepid US Dollar, awaits Nonfarm Payrolls
The Forex Market· 10 hours agoThe Australian Dollar (AUD) continues its winning streak for the third successive session on Friday.
Why Markets Must Beware Powell’s Comments on Fed Rate Hikes, and 5 Other Things to Know Today
Barrons.com· 1 day agoNovo Nordisk hikes guidance as sales of weight-loss drugs surge, Qualcomm profit lifted amid high...
4 Safe Bets Amid Growing Concerns Over Delay in Rate Cuts
Zacks· 12 hours agoOn May 1, the Federal Reserve left interest rates unchanged in its current range of 5.25-5.5%....
The US economy added just 175,000 jobs last month and unemployment rose to 3.9%
CNN Business via AOL· 3 hours agoUS job growth slowed considerably last month, with just 175,000 positions added in April, according...
Consumer confidence down, despite growth signs | Northwest Arkansas Democrat-Gazette
Northwest Arkansas Democrat Gazette· 2 days agoThe Conference Board, a business research group, said Tuesday that its consumer confidence index...