Profile picture of Politico
Fed forecasts rate cuts this year but sees economic strength: The speed and timing of rate cuts is top of mind for both Washington and Wall Street as they try to ...
politico.com/news/2024/03/20/wall-street-fed-inflation-verdict-00148000
Fed forecasts rate cuts this year but sees economic strength
Quick Glance: UK Inflation Rate Drops to 3.4% - Lowest Level in Almost Two and a Half Years - BBC News
  • The UK inflation rate fell to 3.4% for the year to February - the lowest level in almost two and a half years.

  • Economists predict that inflation is likely to hit the Bank of England's target of 2% this summer.

  • Cost of living is increasing while wage growth is outpacing inflation.

  • Housing costs are rising faster, putting pressure on renters and homeowners.
Profile picture of The Hill (newspaper)
5 things to know about the Fed’s March rate decision: The Federal Reserve is expected to hold steady Wednesday after a run of strong economic data delayed the ...
thehill.com/business/4542240-fed-rate-decision-march-5-things/
5 things to know about the Fed’s March rate decision
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Morning Bid: Powell tees up after megacaps scatter: A look at the day ahead in U.S. and global markets from Mike Dolan
reuters.com/markets/us/global-markets-view-usa-2024-03-06/
Morning Bid: Powell tees up after megacaps scatter
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S&P 500 hits record high with earnings, rate outlook in spotlight: Wall Street gained on Wednesday, with the benchmark S&P 500 scaling a new record high ...
reuters.com/markets/us/futures-flat-with-focus-earnings-rate-cut-expectations-2024-02-07/
S&P 500 hits record high with earnings, rate outlook in spotlight
Profile picture of Insider (news website)
Basic income cash spent on housing in Minneapolis, study finds: An experimental basic income program in Minneapolis is helping 200 low-income families make rent ...
businessinsider.com/basic-income-gbi-ubi-housing-rent-minneapolis-homeless-real-estate-2024-1
Basic income cash spent on housing in Minneapolis, study finds
Profile picture of Bloomberg
Federal Reserve Officials Temper Interest-Rate Cut Expectations: Four Fed officials suggested Wednesday they don’t see an urgent case for lowering interest rates ...
bloomberg.com/news/articles/2024-02-07/federal-reserve-officials-temper-expectations-for-rate-cuts-soon
Federal Reserve Officials Temper Interest-Rate Cut Expectations
Profile picture of Axios (website)
Maybe high rates aren't slowing the economy much, after all: Growth has been strong — and that might mean higher borrowing costs stick around.
axios.com/2024/02/05/us-economy-federal-reserve-interest-rates
Maybe high rates aren't slowing the economy much, after all
Profile picture of Insider (news website)
Stock market news today: stocks mixed on Fed cut comments and earnings: Fed presidents Neel Kashkari and Loretta Mester signaled caution for investors expecting ...
markets.businessinsider.com/news/stocks/stock-market-news-today-stocks-federal-reserve-interest-rates-earnings-2024-2
Stock market news today: stocks mixed on Fed cut comments and earnings
Profile picture of MarketWatch
‘Maybe monetary policy isn’t all that tight,’ Bill Dudley says: Large and chronic fiscal deficits are among the factors that ‘have pushed up the neutral interest ...
marketwatch.com/story/another-risk-for-markets-emerges-maybe-monetary-policy-isnt-all-that-tight-bill-dudley-says-4728419a
‘Maybe monetary policy isn’t all that tight,’ Bill Dudley says
Profile picture of Handelsblatt
Monetary policy: US Federal Reserve Banker Kashkari: Gut feeling says “two to three” interest rate cuts in 2024
handelsblatt.com/finanzen/geldpolitik/geldpolitik-us-notenbanker-kashkari-bauchgefuehl-sagt-zwei-bis-drei-zinssenkungen-2024/100013430.html
Monetary policy: US Federal Reserve Banker Kashkari: Gut feeling says “two ...
Profile picture of Daily Maverick
Stocks Retreat After Hotter-Than-Anticipated CPI: Markets Wrap: Stocks declined as traders dialed back their bets on Federal Reserve rate cuts after ...
dailymaverick.co.za/article/2024-01-11-stocks-retreat-after-hotter-than-anticipated-cpi-markets-wrap/
Stocks Retreat After Hotter-Than-Anticipated CPI: Markets Wrap
Profile picture of Inc.com
Minneapolis Fed Warns Unemployment Numbers Could Complicate Soft Landing: The Minneapolis Fed has issued a study examining the changed relationship between job ...
inc.com/bruce-crumley/minneapolis-fed-warns-unemployment-numbers-could-complicate-soft-landing.html
Minneapolis Fed Warns Unemployment Numbers Could Complicate Soft Landing
Profile picture of Star Tribune
Minneapolis economists explain how inflation can cool without recession: In this reader response column, our business columnist admits he fell for conventional ...
startribune.com/ramstad-minneapolis-economists-explain-how-inflation-can-cool-without-recession-freshwater-economics/600328758/
Minneapolis economists explain how inflation can cool without recession
Profile picture of Yahoo Finance
Federal Reserve Chair Jay Powell said Thursday that monetary policy is in "restrictive territory" and putting downward pressure on inflation ... Show more
Quick Glance: Powell's Pushback Impacts Market Reaction
  • Federal Reserve Chairman Jerome Powell holds a press conference in Washington

  • Market reacts to Powell's resistance against early rate cuts

  • Minimal change in market pricing after Powell's precautionary measure

  • 30-year auction closes with higher yield than expected, signaling investor concerns
Profile picture of Bloomberg
Fed Inflation Fight Not Over, to Do More If Needed: Neel Kashkari: Federal Reserve officials are still trying to assess whether a run-up in long-term Treasury ...
bloomberg.com/news/articles/2023-11-07/kashkari-says-fed-inflation-fight-not-over-to-do-more-if-needed
Fed Inflation Fight Not Over, to Do More If Needed: Neel Kashkari
Quick Glance: Fed's Kashkari Urges Caution in Inflation Battle
  • President of the Federal Reserve Bank of Minneapolis, Neel Kashkari, warns against premature victory declarations over inflation, despite signs of easing price pressures.

  • While Federal Reserve Chair Jerome Powell hinted at the central bank being done with interest-rate hikes, Kashkari emphasized it's too early to conclude on future hikes.

  • Why It Matters: Kashkari's insistence on more data signals the complexity of the ongoing war against inflation, highlighted by the ambiguous economic stance of Federal Reserve Chairman Powell.

  • This decision marked the second consecutive rate pause, as detailed in another Benzinga report.
Profile picture of Bloomberg
Minneapolis Fed President Neel Kashkari says, “I’m not see a lot of evidence that the economy is weakening,” as he discusses market expectations for an ... Show more
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Too Soon: The Bloomberg Open, Americas Edition: Good morning. Neel Kashkari says it’s too soon to declare victory on inflation. Elon Musk’s brain implant startup ...
bloomberg.com/news/newsletters/2023-11-07/too-soon-the-bloomberg-open-americas-edition
Too Soon: The Bloomberg Open, Americas Edition
Profile picture of Reuters
Dollar extends gains, euro hurt by German data: The dollar advanced on Tuesday as last week's rally in riskier currencies took a breather ...
reuters.com/markets/currencies/dollar-steady-risk-rally-eases-rba-focus-2023-11-07/
Dollar extends gains, euro hurt by German data
Profile picture of Reuters
Morning Bid: Some payback, but bonds hug gains on oil: A look at the day ahead in U.S. and global markets from Mike Dolan
reuters.com/markets/us/global-markets-view-usa-2023-11-07/
Morning Bid: Some payback, but bonds hug gains on oil
Profile picture of Bloomberg
Fed’s Neel Kashkari Says It's Too Soon to Say Interest-Rate Hikes Are Done: Federal Reserve Bank of Minneapolis President Neel Kashkari said that while a ...
bloomberg.com/news/articles/2023-11-03/fed-s-kashkari-welcomes-jobs-slowdown-won-t-call-rate-hike-end
Fed’s Neel Kashkari Says It's Too Soon to Say Interest-Rate Hikes Are ...
Profile picture of Insider (news website)
Sharp inflation drop coming, prices still won't be normal: top economist: Core inflation is unlikely to return to the Fed's 2% target anytime soon ...
businessinsider.com/inflation-forecast-price-drop-us-economy-outlook-2024-el-erian-2023-11
Sharp inflation drop coming, prices still won't be normal: top economist
Profile picture of Star Tribune
Twin Cities inflation is still lower than the U.S. as a whole: Here are 5 things to know about the latest report on price increases
startribune.com/twin-cities-minnesota-inflation-lower-than-u-s-5-things-to-know-cpi-food-fuel-shelter-fed-rates/600311687/
Twin Cities inflation is still lower than the U.S. as a whole: Here are 5 ...
Quick Glance: Inflation stable as Fed considers more rate hikes
  • Poland's central bank lowered interest rates by 75 basis points on September 6, 2023, despite double-digit inflation.

  • The consumer price index (CPI) rose roughly in line with economists' expectations.

  • Annual inflation rate stayed flat and monthly price growth fell from a 0.6% increase in August.

  • Rising housing costs were the biggest contributor to inflation in September, driven primarily by rents and high home prices.
Profile picture of Star Tribune
Here's what you can't see as hundreds of millions are spent to fill broadband gaps in Minnesota
startribune.com/ramstad-65-billion-biden-broadband-gaps-minnesota-turtle-island-tribal-twin-cities-digital-divide/600313826/
Here's what you can't see as hundreds of millions are spent to fill ...
Profile picture of Bloomberg
Yields’ Impact on Fed Interest Rate Outlook Is Unclear, Kashkari Says: Federal Reserve Bank of Minneapolis President Neel Kashkari said he wasn’t yet convinced ...
bloomberg.com/news/articles/2023-10-10/kashkari-says-yields-impact-on-fed-rate-outlook-is-unclear
Yields’ Impact on Fed Interest Rate Outlook Is Unclear, Kashkari Says
Profile picture of Bloomberg
Federal Reserve Officials Set to Extend Rate Pause Without Saying Hikes Are Done: Federal Reserve officials look set to hold interest rates steady for the second ...
bloomberg.com/news/articles/2023-10-14/federal-reserve-officials-set-to-extend-rate-pause-without-saying-hikes-are-done
Federal Reserve Officials Set to Extend Rate Pause Without Saying Hikes ...
Profile picture of The Jakarta Post
Asian markets take a breather after Fed rate pause rally: Asian markets turned negative Tuesday after their latest rally as high hopes the US Federal Reserve has ...
thejakartapost.com/business/2023/11/07/asian-markets-take-a-breather-after-fed-rate-pause-rally.html
Asian markets take a breather after Fed rate pause rally
Profile picture of Reuters
Dollar loses steam ahead of Fed meeting minutes, US inflation test: The dollar dipped broadly on Wednesday, tracking a slide in U.S. Treasury yields weighed down ...
reuters.com/markets/currencies/dollar-loses-steam-ahead-fed-meeting-minutes-us-inflation-test-2023-10-11/
Dollar loses steam ahead of Fed meeting minutes, US inflation test
Profile picture of Bloomberg
Stock Markets Today: Fed rates, Chinese economy, WeWork, Israel war: Get up to speed with what the markets are monitoring
bloomberg.com/news/newsletters/2023-11-07/stock-markets-today-fed-rates-chinese-economy-wework-israel-war
Stock Markets Today: Fed rates, Chinese economy, WeWork, Israel war
Profile picture of Bloomberg
CPI: Clash of Inflation Expectations as Tighter Credit Bites: Many economists assume that rate rises are over and we can look ahead. Small businesses and ...
bloomberg.com/opinion/articles/2023-10-11/cpi-clash-of-inflation-expectations-as-tighter-credit-bites
CPI: Clash of Inflation Expectations as Tighter Credit Bites
Profile picture of Star Tribune
Twin Cities area retailers weigh shorter hours to cope with high labor costs this holiday season
startribune.com/retailers-weigh-shorter-hours-to-cope-with-high-labor-costs-this-holiday-season/600314330/
Twin Cities area retailers weigh shorter hours to cope with high labor ...
Profile picture of Bloomberg
Fed Yield-Curve Controls Are Coming, Marketfield’s Shaoul Predicts: An unruly Treasury market raises the likelihood of intervention, he says
bloomberg.com/news/newsletters/2023-10-12/fed-yield-curve-controls-are-coming-marketfield-s-shaoul-predicts
Fed Yield-Curve Controls Are Coming, Marketfield’s Shaoul Predicts
Profile picture of Yahoo Finance
Minneapolis Fed President Neel Kashkari pins the odds of the Federal Reserve being able to engineer a "soft landing" at 60% ... Show more
Quick Glance: US job market defies rising interest rates and high unemployment
  • Last year's inflation spike was painful, but the job market remained resilient.

  • Economists predicted dire consequences from rate hikes, but the economy has shown unexpected durability.

  • How is the Fed managing to combat inflation without causing negative effects?

  • Can the job market stay strong despite the Fed's intention to keep rates high?
Profile picture of Reuters
Morning Bid: Edgy market calm after worst day of 2023: A look at the day ahead in U.S. and global markets by Mike Dolan
reuters.com/markets/us/global-markets-view-usa-2023-09-22/
Morning Bid: Edgy market calm after worst day of 2023
Profile picture of Bloomberg
Fed May Do Less If Risks Like Shutdown Hit, Kashkari Says: A US government shutdown or prolonged strike by automotive workers could slow the economy ...
bloomberg.com/news/articles/2023-09-27/fed-may-do-less-if-down-risks-like-shutdown-hit-kashkari-says
Fed May Do Less If Risks Like Shutdown Hit, Kashkari Says
Profile picture of Insider (news website)
Stock market news today: Stocks attempt rebound after interest rate move: Fed President Neel Kashkari said the Fed would lose its credibility if it settled with ...
markets.businessinsider.com/news/stocks/stock-market-news-today-stocks-attempt-rebound-interest-rates-move-2023-9
Stock market news today: Stocks attempt rebound after interest rate move
Profile picture of Insider (news website)
Stock market outlook 'rhymes with 2008' as headwinds keep piling up: "The current change in interest rates is about 5 times larger than the 2002-2008 increase ...
markets.businessinsider.com/news/stocks/stock-market-outlook-sp500-price-target-2008-headwinds-interest-rates-2023-9
Stock market outlook 'rhymes with 2008' as headwinds keep piling up
Profile picture of Star Tribune
It's like Draft Day at this north Minneapolis pre-K graduation: These kids are about to take their talents to kindergarten.
startribune.com/early-childhood-education-minnesota-minneapolis-laura-yuen/600297750/
It's like Draft Day at this north Minneapolis pre-K graduation
Profile picture of CNBC
CNBC Daily Open: Things are ‘likely to remain messy’: High yields and oil prices are dragging down stocks. Throw in a potential U.S. government shutdown — and ...
cnbc.com/2023/09/28/stock-markets-things-are-likely-to-remain-messy.html
CNBC Daily Open: Things are ‘likely to remain messy’
Profile picture of The Hill (newspaper)
Federal Reserve minutes: Too-high inflation, still a threat, could require more rate hikes
thehill.com/business/ap-federal-reserve-minutes-too-high-inflation-still-a-threat-could-require-more-rate-hikes/
Federal Reserve minutes: Too-high inflation, still a threat ...
Quick Glance: Fed divided on need for more rate hikes
  • Federal Reserve officials were divided on the need for more interest rate hikes at the July 25-26 meeting.

  • Some participants cited the risks to the economy of pushing rates too far.

  • However, most policymakers continued to prioritize the battle against inflation.

  • The minutes of the session were released on Wednesday.
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CNBC Daily Open: Is tech the gift that keeps on giving?: Tech-related names, particularly those in the AI space, have been some of the more eye-catching ...
cnbc.com/2023/09/27/cnbc-daily-open-is-tech-the-gift-that-keeps-on-giving.html
CNBC Daily Open: Is tech the gift that keeps on giving?
Profile picture of Yahoo Finance
Minneapolis Federal Reserve Bank President Neel Kashkari says inflation is still too high, and he is not ready to declare that the central bank is finished ... Show more
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Higher for longer US rates ringing Asia alarm bells: The broadside Moody’s Investors Service just fired at the US dollar and interest rates dramatizes why the ...
asiatimes.com/2023/09/higher-for-longer-us-rates-ringing-asia-alarm-bells/
Higher for longer US rates ringing Asia alarm bells
Profile picture of American Banker
'Economically invisible': A banker's push for better data on Native Americans: Dawson Her Many Horses, a commercial banker at Wells Fargo, is a pivotal player in ...
americanbanker.com/news/economically-invisible-a-bankers-push-for-better-data-on-native-americans
'Economically invisible': A banker's push for better data on Native ...
Profile picture of The Hill (newspaper)
Minneapolis Federal Reserve president declines to say how many more interest rate hikes remain
thehill.com/business/4127716-minneapolis-federal-reserve-president-declines-to-say-how-many-more-interest-rate-hikes-remain/
Minneapolis Federal Reserve president declines to say how many more ...
Quick Glance: Is the Clock Ticking on the Fed's 'Soft Landing'?
  • The Federal Reserve is focused on raising interest rates quickly to maintain public confidence.

  • In the past, the central bank has started reducing rates months before an economic downturn.

  • The slow effects of monetary policy make it difficult to predict future economic needs.

  • Expected inflation rates are declining faster than the projected decrease in interest rates, resulting in a real interest rate increase.
Profile picture of The Christian Science Monitor
Do clean energy incentives work? One-year effort in U.S. says yes.: The Inflation Reduction Act passes its first year in August. The climate legislation boosted ...
csmonitor.com/Environment/2023/0724/Do-clean-energy-incentives-work-One-year-effort-in-U.S.-says-yes
Do clean energy incentives work? One-year effort in U.S. says yes.
Profile picture of Bloomberg
Kashkari Calls Inflation Outlook ‘Positive,’ Expects Job Losses: The inflation outlook in the US is “quite positive,” Federal Reserve Bank of Minneapolis ...
bloomberg.com/news/articles/2023-07-30/kashkari-calls-inflation-outlook-positive-expects-job-losses
Kashkari Calls Inflation Outlook ‘Positive,’ Expects Job Losses
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Asian markets fall on China woes, US rate concerns: Asian markets were well in the red, with Tokyo, Hong Kong, Seoul and Sydney all down more than 1.0 percent ...
thedailystar.net/news/world/news/asian-markets-fall-china-woes-us-rate-concerns-3395461
Asian markets fall on China woes, US rate concerns
Profile picture of The Jakarta Post
Asian markets fall on China woes, US rate concerns: Asian markets fell Wednesday on concerns about the Chinese economy and after stronger-than-expected US retail ...
thejakartapost.com/business/2023/08/16/asian-markets-fall-on-china-woes-us-rate-concerns.html
Asian markets fall on China woes, US rate concerns
Profile picture of Insider (news website)
If you want to find affordable housing, you should try Minneapolis: In addition to having a lower pace of increasing prices, the city has more affordable ratios ...
businessinsider.com/affordable-housing-minneapolis-rates-fed-metro-construction-inflation-rental-zoning-2023-8
If you want to find affordable housing, you should try Minneapolis