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
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.
ECB in Horrible Bind If Fed Stays Put, Allianz’s Subran Says: The European Central Bank will find itself in a pickle this year if it ends up cutting interest ...
bloomberg.com/news/articles/2024-03-07/ecb-s-horrible-prospect-is-if-fed-doesn-t-cut-subran-says
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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/
Fed’s Kashkari Sees Two Rate Cuts in 2024, Potentially Just One
bloomberg.com/news/articles/2024-03-06/fed-s-kashkari-sees-two-rate-cuts-in-2024-potentially-just-one
Stock Markets Today: ECB decision, Fed policy path, UK budget, BOJ rate hike: Get up to speed with what the markets are monitoring
bloomberg.com/news/newsletters/2024-03-07/stock-markets-today-ecb-decision-fed-policy-path-uk-budget-boj-rate-hike
Nasdaq, S&P 500 Futures Signal Market Rebound At Open Today: What's Going On? - Invesco QQQ Trust, Series
benzinga.com/news/earnings/24/03/37504955/us-stock-futures-rise-on-tech-strength-while-bitcoin-gold-rallies-fizzle-as-all-eyes-turn-to-fed-ch
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/
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
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Inflation Risks Leave Federal Reserve Officials Reluctant to Cut Rates: The Federal Reserve entered 2024 within spitting distance of its inflation goal ...
bloomberg.com/news/articles/2024-02-14/lingering-inflation-risks-leave-federal-reserve-officials-reluctant-to-cut-rates
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Fed’s Neel Kashkari Sees Two to Three Rate Cuts as Appropriate in 2024: Federal Reserve Bank of Minneapolis President Neel Kashkari said officials would like to ...
bloomberg.com/news/articles/2024-02-07/fed-s-kashkari-sees-two-to-three-rate-cuts-as-appropriate-in-24
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Fed Has Room to Wait on Rate Cuts, Neel Kashkari Says: Federal Reserve Bank of Minneapolis President Neel Kashkari said policymakers have time to gauge incoming ...
bloomberg.com/news/articles/2024-02-05/kashkari-says-higher-neutral-rate-gives-fed-room-to-wait-on-cuts
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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/
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
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BlackRock’s Rick Rieder on Bitcoin, the Fed and His Big Worry in 2024 - WSJ's Take On the Week - WSJ Podcasts
wsj.com/podcasts/take-on-the-week/blackrocks-rick-rieder-on-bitcoin-the-fed-and-his-big-worry-in-2024/458b3582-d43b-49f5-bc34-9ab04d251f99
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
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Central bankers see victory within reach in push to tame inflation: New data gives policymakers confidence they can cut rates by the summer
ft.com/content/76d07a7e-3af4-4024-854f-61828ad1b25a
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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
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
‘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
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
The financial system needs more capital and less complexity : As the Fed ponders the Basel III rules, we should aim for a regulatory structure that is simple and ...
ft.com/content/224e4410-0cac-4d18-918b-d34a08207914
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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/
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 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/
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
S&P 500, Nasdaq score longest win streak in 2 years on rates view: U.S. stocks rose on Tuesday, with the S&P 500 and Nasdaq notching their longest streak of ...
reuters.com/markets/us/futures-dip-rate-cut-optimism-wanes-more-fed-speakers-tap-2023-11-07/
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
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.
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
Fed's Neel Kashkari not convinced rate hikes are over -WSJ: Minneapolis Federal Reserve Bank President Neel Kashkari said he would err on the side of ...
reuters.com/markets/rates-bonds/feds-neel-kashkari-not-convinced-rate-hikes-are-over-wsj-2023-11-06/
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
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/
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/
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 Kashkari: inflation still too high: Minneapolis Federal Reserve Bank President Neel Kashkari on Tuesday said it has taken much longer than expected for ...
reuters.com/markets/us/feds-kashkari-inflation-still-too-high-2023-10-17/
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/
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
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/
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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.
Minneapolis Fed President Kashkari Says Geopolitical Events Have 'Uncertain' Implications For Economy
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/
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
Morning Bid: Banks, Biden visit buoy markets: A look at the day ahead in U.S. and global markets from Mike Dolan
reuters.com/markets/us/global-markets-view-usa-2023-10-17/
In the Market: US bond market signals the end of an era: The U.S. bond market is calling a moment: the age of low interest rates and inflation that began with ...
reuters.com/markets/rates-bonds/market-us-bond-market-signals-end-an-era-2023-10-02/
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
Investors Are Calling It: The Federal Reserve May Be Done Raising Rates: Investors doubt that central bankers will lift borrowing costs again following big ...
nytimes.com/2023/10/11/business/wall-street-interest-rates-federal-reserve.html
Fed QT mix may be capping, not spurring, long yields: The recent surge in long-dated U.S. bond yields to their highest since 2007 has a few plausible triggers ...
reuters.com/markets/us/fed-qt-mix-may-be-capping-not-spurring-long-yields-2023-10-11/
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
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/
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
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
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/
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
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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?
Fed officials flag further hikes even after holding steady: U.S. Federal Reserve officials warned on Friday of further rate hikes even after voting to hold the ...
reuters.com/markets/rates-bonds/feds-bowman-says-more-rate-hikes-needed-ensure-timely-inflation-control-2023-09-22/
Quick Glance: US Federal Reserve Maintains Steady Interest Rates - Temporarily
- In March 2022, the bank already raised interest rates from near zero to cool the economy and control price inflation.
- They also anticipate higher interest rates next year compared to previous forecasts.
- The US announcement precedes the Bank of England's meeting on Thursday, as it tackles its own inflation challenges.
- The widely expected rate increase by the Bank has not been announced.
US yields hit 2007 levels as Fed signals, shutdown fears stoke angst: U.S. Treasury yields hit a peak not seen since the early tremors of the 2007-2008 global ...
reuters.com/markets/global-markets-wrapup-1-2023-09-26/
Dollar sticks near 10-month high, keeping heat on yen: The dollar clung near a 10-month high against a basket of its peers on Thursday, keeping the yen under ...
reuters.com/markets/currencies/dollar-sticks-near-10-month-high-keeping-heat-yen-2023-09-28/
Quick Glance: Dollar Reaches 10-Month High as US Yields Spike; Yen Slides
- The dollar reaches a 10-month high against a range of major currencies, supported by US bond yields at 16-year highs.
- The yen moves cautiously deeper into the intervention danger zone.
- The US dollar index reaches its highest level since November at 106.1.
- Rising commodity prices have provided some support to the Australian and New Zealand dollars, although they have been mostly sideways in recent months.
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/
Wall St pounded as investors grapple with higher rates: Wall Street's main indexes ended down over 1% on Tuesday as 10-year Treasury yields held their multi-year ...
reuters.com/markets/us/futures-drop-rate-concerns-keep-treasury-yields-elevated-2023-09-26/
Morning Bid: Fed's hawkish pause keeps pressure on markets: A look at the day ahead in European and global markets from Brigid Riley
reuters.com/markets/europe/global-markets-view-europe-2023-09-25/
Morning Bid: Markets catch breath after bruising recoil: A look at the day ahead in U.S. and global markets by Mike Dolan
reuters.com/markets/us/global-markets-view-usa-2023-09-27/
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
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 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
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/
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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
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/
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.
Tribal nations face less accurate, more limited 2020 census data because of privacy methods
seattletimes.com/nation-world/nation/tribal-nations-face-less-accurate-more-limited-2020-census-data-because-of-privacy-methods/
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
San Francisco Fed's chief of supervision to retire: Azher Abbasi, head of supervision at the San Francisco Federal Reserve, will retire at the end of October ...
reuters.com/business/finance/san-francisco-feds-chief-supervision-retire-2023-08-28/
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
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/
'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
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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/
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.
Insight: Many small US banks not ready to borrow from Fed in an emergency: The lightning-fast collapse of Silicon Valley Bank this spring laid bare an ...
reuters.com/business/finance/many-small-us-banks-not-ready-borrow-fed-an-emergency-2023-08-02/
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
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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
Nasdaq leads Wall St to higher close as CPI report lifts sentiment: U.S. stocks ended solidly higher on Wednesday, led by a gain of more than 1% in the Nasdaq ...
reuters.com/markets/us/futures-inch-up-cautious-optimism-ahead-inflation-data-2023-07-12/
Quick Glance: US Inflation Rises at Slowest Pace in Two Years
- Inflation rose 3% in June compared to the previous year, according to data, down from 4% in May.
- Inflation has significantly decreased from its peak of over 9% in June 2022, and the latest reading represents the slowest pace since March 2021.
- The increase in US inflation in June was driven by higher housing costs, as reported by the Labor Department.
- The figures highlight the relatively fast progress the US has made in controlling price increases, especially compared to the UK, where inflation reached 8.7% in May despite multiple interest rate hikes.
Fed hawk Bullard steps down to be dean at business school in Indiana: St. Louis Federal Reserve President James Bullard, a leading hawk at the U.S ...
reuters.com/world/us/feds-bullard-steps-down-be-dean-purdue-school-business-2023-07-13/
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: 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
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
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