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Brad Delong is Totally Wrong about Inflation & Fed Policy
Ludwig von Mises Institute· 8 hours agoEconomist Brad Delong believes that the US economy is in the midst of a soft landing, and that the Federal Reserve should have started cutting interest ...
The furniture industry’s recovery relies on customers getting used to paying more
Market Watch· 3 hours agoFurniture sales, which hinge largely on the housing industry, are still down this year. A recovery,...
ECB’s Schnabel Says Second Rate Cut in July ‘Does Not Seem Warranted’
The Wall Street Journal· 15 hours agoEUROPE ECONOMY The European Central Bank should move cautiously after delivering a first rate cut in...
High Interest Rates Are Hitting Poorer Americans the Hardest
New York Times· 4 days agoThe economy as a whole has proved resilient amid the highest rates in decades. High interest rates...
Interest costs on the national debt just surpassed spending on defense, Medicare
Fox Business via Yahoo Finance· 4 hours agoFrom just four decades ago, the debt skyrocketed from $907 billion to more than $34.5 trillion as of...
1 in 7 Gen Z credit card users are ‘maxed out’
CNN Business via Yahoo Finance· 6 hours agoHowever, the transition rate into delinquency for those who have used more than 60% of their credit card limit has now... Fed said. “While most...
ECB’s Schnabel Says July Cut Doesn’t Look Warranted
Bloomberg via Yahoo Finance· 6 hours agoThis Data Shows WhyPutin and Xi Vow to Step Up ...
Major European Markets Close Weak On Interest Rate Concerns
RTT News· 2 hours agoThe major European stocks closed lower on Friday, drifting down for a second straight session, on concerns the Federal Reserve will likely keep interest rates higher for a longer time.
Housing has a problem bigger than interest rates
TheStreet.com· 20 hours agoThe U.S. housing market remains perhaps the weakest link in the economy's surprise success story, as high mortgage rates and a dearth of new construction shut out new buyers ...
Interest rates alert as Bank of England panel could make several surprise moves
Daily Express· 3 days agoThe base interest rate could finally drop later this year, an expert has said. The latest GDP...