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Merrill Lynch’s Noel Weil Predicted Rising Inflation and Interest Rates. What He Sees Next.
Barron s Online· 1 day ago“I can’t find one person who thinks interest rates are going to go up any time in the next three or four years.” The Federal Reserve responded with a rate
Stubborn Inflation Could Prod Fed to Keep Rates High for Longer
New York Times· 1 day agoHopes for substantial cuts in interest rates are fading as inflation shows more staying power than...
Savers handed £1,000 boost as rates beat inflation
The Telegraph via Yahoo Finance· 2 days ago“There are a plentiful number of savings accounts that pay more than 3.2pc, but it’s important for savers to check that they are earning a competitive ...
With Sticky March PCE Inflation, When Will the Fed Hit Its 2% Target?
Morningstar· 1 day agoAnalysts had expected the overall PCE Index to rise slightly on a year-over-year basis to 2.6% from...
US Fed's favored inflation measure accelerates, dimming rate cut hopes
AFP via Yahoo Finance· 1 day agoThe US central bank's favored measure of inflation accelerated last month, according to government...
Russian central bank warns of slower drop in inflation as it holds rates at 16% By Reuters
Investing.com· 1 day agoMOSCOW (Reuters) -Inflation is set to ease more slowly than previously thought, Russia's central...
New inflation reading reinforces Fed's higher-for-longer stance
Yahoo Finance· 1 day agoAnother hot inflation reading released Friday reinforces that any near-term interest rate cuts are...
Fed’s preferred inflation gauge shows price pressures remain elevated
Orange County Register· 1 day agoA measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed’s reluctance to cut interest
Want interest rate cuts this year? Too bad
TheStreet via Yahoo Finance· 2 days agoYou want a strong economy. You want low inflation. The problem right now is this: While inflation is better than in 2022 when it topped 9%, it is showing...
Ghost of Stagflation
The New York Sun· 6 hours agoJust as President Biden and his allies on the left are pushing for lower interest rates, the economy is flashing a proverbial “check engine” light —...