central banking system of the United States
Rates in 2024: Markets React as Powell's Fed Stays Course: The Fed chief has been reluctant to make a call on how the US economy has changed since the ...
bloomberg.com/news/articles/2024-03-17/rates-in-2024-markets-react-as-powell-s-fed-stays-course
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Inflation Day: The Bloomberg Open, Europe Edition: Good morning. Inflation data today may support the Fed’s patient approach to rate cuts ...
bloomberg.com/news/newsletters/2024-03-12/inflation-day-the-bloomberg-open-europe-edition
Paid articlePaid Fed’s ‘Golden Path’ to Soft Landing Aided by Productivity Boom: Wall Street economists are looking for the post-Covid boom in productivity to continue ...
bloomberg.com/news/articles/2024-02-20/fed-s-golden-path-to-soft-landing-aided-by-productivity-boom
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Retirements spike again as stock market booms: More working stiffs are exiting the stage.
axios.com/2024/02/19/american-retirement-boom-high-stock-market-returns
Why Buying a Car Is More Expensive Than Ever in the US: The cost of car ownership in the US surged after Covid shut down assembly lines and made vital ...
bloomberg.com/news/articles/2024-01-12/why-buying-a-car-is-more-expensive-than-ever-in-the-us
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Why Wait on Rate Cuts? Post-Covid Economic Changes Warrant Caution, Barkin Says.
barrons.com/articles/fed-rate-cuts-barkin-244f2243
Paid articlePaid How Do Retired Middle Class Americans Feel About Home Payments, Income?: Do you consider yourself a middle class American approaching retirement? Tell us.
bloomberg.com/news/articles/2024-01-03/how-do-retired-middle-class-americans-feel-about-home-payments-income
Paid articlePaid Fed Policy: The End of Quantitative Tightening Needs to Be Soon: The stakes are high for central bankers to prove they know how to control and retire their ...
bloomberg.com/opinion/articles/2024-01-25/fed-policy-the-end-of-quantitative-tightening-needs-to-be-soon
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Stock market today: S&P 500 notches record high as Fed affirms rate cuts: The S&P 500 surpassed 5,200 for the first time as the Fed affirmed three rate cuts are ...
markets.businessinsider.com/news/stocks/stock-market-today-fed-rate-cut-outlook-inflation-sp500-record-2024-3
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.
Markets say the battle against inflation is over — and the Fed won: A market measure of inflation expectations is at its lowest point since 2021.
axios.com/2023/12/08/markets-inflation-recession-fed-reserve-predictions
Markets Don’t Know What to Expect Anymore, and That’s Good: A greater diversity of economic forecasts can lead to a richer discussion and help expose previously ...
bloomberg.com/opinion/articles/2024-02-02/markets-don-t-know-what-to-expect-anymore-and-that-s-good
The Ultimate Lesson from the Covid Inflation: Hello and welcome to the weekly Odd Lots newsletter, where Joe Weisenthal and Tracy Alloway bring you their ...
bloomberg.com/news/newsletters/2023-12-01/the-ultimate-lesson-from-the-covid-inflation
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US Gender Employment Gap Shrank Sharply in NY Region Since 2021: The gender gap in employment shrank to well below pre-Covid levels this year in the US as more ...
bloomberg.com/news/articles/2023-12-01/us-gender-employment-gap-shrank-sharply-in-ny-region-since-2021
Paid articlePaid Pivot Ahead, Pandemic Behind as Markets Exit 2023: The stock market truly blew past the pandemic era in 2023, with cruise operators soaring and vaccine-makers ...
bloomberg.com/opinion/articles/2023-12-22/pivot-ahead-pandemic-behind-as-markets-exit-2023
Fed chief: Powell hints at a pause on interest rates: Before the last interest rate meeting of the American Federal Reserve, Fed Chairman Jerome Powell indicated ...
faz.net/aktuell/finanzen/fed-chef-powell-deutet-zinspause-an-19355305.html
Home Prices Are Historically High Next to Rents. Don’t Panic.: The ratio is well above the levels that preceded the last housing crash. But there might be ...
bloomberg.com/opinion/articles/2023-12-05/home-prices-are-historically-high-next-to-rents-don-t-panic
Paid articlePaid
The Federal Deficit Is Growing. This Is Why.: Tax receipts dipped unexpectedly last year. The Biden administration blames Republican tax cuts ...
nytimes.com/2023/10/20/business/federal-budget-deficit-trillion.html
More free COVID-19 tests from the government are available for home delivery through the mail
omaha.com/news/nation-world/free-covid-test-online-order/article_3ccaebf9-6880-59bd-9a0c-4ba5ae7b4109.html
US Has Two Million Excess Retirees Despite Covid-19 Fading: More than three-and-a-half years after Covid struck, the US still has around 2 million more retirees ...
bloomberg.com/news/articles/2023-11-06/us-retiree-surplus-is-still-near-two-million-years-after-covid
Americans' net worth grew 37% after pandemic hit: Fed survey: American families posted double-digit percent increases in their real median net worths over the ...
foxbusiness.com/economy/americans-net-worth-grew-37-after-pandemic-fed-survey
Judge dismisses suit against New York Fed over COVID-19 firings: A judge on Monday dismissed a lawsuit accusing the Federal Reserve Bank of New York of illegally ...
reuters.com/legal/judge-dismisses-suit-against-new-york-fed-over-covid-19-firings-2023-09-25/
Listen: Refugees Leave Gaza, Fed Pause, More: Get caught up on the latest news this hour
bloomberg.com/news/articles/2023-11-02/listen-refugees-leave-gaza-fed-pause-more
Turning point for the Fed, BI: BI deserves praise for its careful recalibration of monetary policy in recent years, from the stimulus needed after COVID-19 had ...
thejakartapost.com/opinion/2023/12/27/turning-point-for-the-fed-bi.html
Inflation Undershoots Fed Projections: Given the most recent inflation data, the FOMC should probably begin cutting its target rate in January.
seekingalpha.com/article/4659536-inflation-undershoots-fed-projections
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Investors on the US stock exchanges are eagerly awaiting information from the Federal Reserve's interest rate decision on Wednesday evening ... Show more www.handelsblatt.com/finanzen/maerkte/marktberichte/dow-jones-sp-500-nasdaq-us-anleger-vor-fed-entscheid-vorsichtig-optimistisch/100003316.html
This year, an economic slowdown brought on by the Fed's tightening and China's lackluster recovery from the COVID crisis has weighed on Southeast Asian ... Show more s.nikkei.com/3SLCTvc
Gold (XAU/USD) Market Volatility Slumps to Lowest Since Start of Pandemic: Gold markets haven’t been this calm since the onset of the Covid-19 pandemic ...
bloomberg.com/news/articles/2023-09-15/gold-market-volatility-slumps-to-lowest-since-start-of-pandemic
Gold Demand in India Seen Declining to Lowest Since 2020: Gold purchases in India this year are forecast to drop to the lowest since the Covid-19 pandemic hit ...
bloomberg.com/news/articles/2023-08-01/gold-demand-in-india-seen-declining-to-lowest-since-pandemic
Consumer Boom: Turn Out the Lights If the Post-Covid Savings Party Is Over: Confidence remains resilient, but a dip in retail spending and new evidence that ...
bloomberg.com/opinion/articles/2023-07-19/consumer-boom-turn-out-the-lights-if-the-post-covid-savings-party-is-over
How Inflation Is Measured and Why It’s So Hard to Tame: Taming inflation is a major challenge facing the post-pandemic world. After governments spent freely to ...
bloomberg.com/news/articles/2023-08-21/how-inflation-is-measured-and-why-it-s-so-hard-to-tame
The Taylor Swift Economy Is a Post-Covid Myth: Despite the hype around Swiftonomics, spending on live events actually looks pretty tame compared to pre-pandemic ...
bloomberg.com/opinion/articles/2023-07-31/the-taylor-swift-economy-is-a-post-covid-myth-lkrdzlpk
High-Yield Bond Maturity Wall Doesn’t Look So Insurmountable: Looming maturities of high-yield debt appeared scary. But they are being extended without ...
bloomberg.com/opinion/articles/2023-09-18/high-yield-bond-maturity-wall-doesn-t-look-so-insurmountable
Jerome Powell Has a Chance to Be a Legend: If you like chatting with us, check out the Odd Lots Discord, where you can hang out and talk with us and with other ...
bloomberg.com/news/newsletters/2023-07-28/jerome-powell-has-a-chance-to-be-a-legend
Bank Lobbying Climbs Nearly 20% Ahead of New Fed Capital Rules: The banking industry ramped up lobbying during the second quarter of this year as a financial ...
bloomberg.com/news/articles/2023-07-21/bank-lobbying-climbed-nearly-20-as-new-fed-rules-loom
Biden administration announces $600M to produce COVID tests and will reopen website to order them
dailyprogress.com/news/nation-world/free-covid-tests-biden-administration/article_b78d3d1c-25d5-5640-b4a9-bd654f120b40.html
FDIC Says It Should Have Done More to Supervise First Republic Bank: The Federal Deposit Insurance Corp. acknowledged on Friday that it should have strengthened ...
bloomberg.com/news/articles/2023-09-08/fdic-says-it-should-have-done-more-to-supervise-first-republic-bank
Opinion | The Post-Covid Spending Spree’s Stealthy Economic Stimulus: As the Fed tries to lower inflation, the industrial policies and programs of Bidenomics ...
wsj.com/articles/the-stealthy-economic-stimulus-of-the-post-covid-spending-spree-fed-powell-6d171f94
The Great Inflation Scare Reaches Its Final Phase: The US appears to be in the last lap, but how long will it take to run? Certainly not as long as the UK.
bloomberg.com/opinion/articles/2023-06-14/us-inflation-great-post-covid-scare-enters-final-phase
Not Everything Is Getting Back to Normal In the Post-Pandemic Economy: Jared Gross of J.P. Morgan Asset Management says changes in trade and monetary policy may ...
bloomberg.com/news/articles/2023-06-23/podcast-not-everything-is-getting-back-to-normal-in-the-post-pandemic-economy
Report: Columbus urban neighborhoods shrinking, but faring better than in other cities
dispatch.com/story/business/2023/08/18/federal-reserve-bank-report-shows-columbus-urban-neighborhoods-shrink/70590601007/
Paid articlePaid Labor Market Is Not Buying Into Talk of a Recession: The latest US payrolls report showed that momentum is picking back up and that job gains are widespread ...
bloomberg.com/opinion/articles/2023-06-02/jobs-report-labor-market-is-not-buying-into-talk-of-a-recession
The Great Inflation Scare Reaches Its Final Phase: The US appears to be in the last lap, but how long will it take to run? Certainly not as long as the UK.
bloomberg.com/opinion/articles/2023-06-14/us-inflation-great-post-covid-scare-enters-final-phase
Little Fires in Banks Will Give Fed Something Else to Discuss: The market isn’t punishing lenders for being small so much as for not being big enough to be ...
bloomberg.com/opinion/articles/2023-05-03/fomc-banks-will-give-the-fed-something-else-to-discuss
Wall Street ends volatile week higher as Fed officials ease bank fears: U.S. stocks closed higher on Friday, marking the end of a tumultuous week as Federal ...
reuters.com/markets/us/futures-waver-bank-worries-linger-investors-weigh-rate-hike-pause-2023-03-24/
American are building fewer pools as high inflation bites: A broad consumer-spending slowdown has weight on pool construction as the industry comes down from a ...
businessinsider.com/backyard-pool-industry-slowdown-outlook-leslie-construction-markets-inflation-price-2023-7
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The Fed’s fight against inflation just got downgraded: The crisis is raising questions about whether the central bank can continue to hiking interest rates in ...
washingtonpost.com/business/2023/03/13/federal-reserve-interest-bank/
Gold pulls back as banking jitters ease: Gold prices retreated on Wednesday as investors trickled back into riskier assets betting that risks of contagion from ...
reuters.com/world/india/gold-prices-slip-fading-banking-jitters-dampen-demand-2023-03-29/
It's Time to Change the Rules of the Banking Game: A state-owned bank on the model of the Bank of North Dakota can provide low-interest loans, liquidity ...
commondreams.org/opinion/american-banking-rules
Fed and FDIC discussing backstop to make SVB depositors whole and stem contagion fears: Source
cnbc.com/2023/03/12/fed-fdic-discussing-backstop-to-make-svb-depositors-whole-and-stem-contagion-fears-source.html
Demand for Temp Workers Is Cooling: A leading indicator of the US job market is flashing slowdown ahead.
bloomberg.com/news/articles/2023-04-06/temp-worker-demand-ebbs-in-latest-sign-of-cooler-us-jobs-market
Europe's central bank backs big rate hike despite bank chaos: FRANKFURT, Germany (AP) — The European Central Bank has carried through with a large interest rate ...
apnews.com/article/ecb-bank-collapse-inflation-interest-rates-1b48e0456fa515c1378df197b061f572
US stocks closed sharply higher on Tuesday as fears of a banking crisis abated and investors turned their focus to the Federal Reserve ... Show more reut.rs/42wl0Tt
US stocks closed higher, marking the end of a tumultuous week as Federal Reserve officials calmed investor fears over a potential liquidity crisis in the ... Show more reut.rs/40AQ6rc
Stock futures nudge higher on Credit Suisse buyout: U.S. stock futures rose in Asian trade on Monday in relief at a weekend rescue deal for Credit Suisse ...
reuters.com/markets/global-markets-wrapup-1-2023-03-19/
Stock Markets Tumble as Bank Fears Go Global: Shares fell sharply, with banking stocks taking a beating, as Tuesday’s rally quickly faded.
nytimes.com/2023/03/15/business/stocks-today.html
Self-employed women, particularly mothers, saw significant business declines during COVID, according to Federal Reserve data ... Show more https://trib.al/IxT623b
Quick Glance: Bearded man breaks women's lifting record
- A bearded pro powerlifter entered a women's competition in Canada and broke a record held by a transgender lifter who was watching on.
- According to the NY Post, Avi Silverberg, the head coach for Team Canada Powerlifting for more than 10 years, entered last weekend's Heroes Classic tournament in Lethbridge, Alberta, after identifying as a female.
- Video shared by athlete activist group the Independent Council on Women's Sports (ICONS) shows him walking up to the platform still fully bearded and wearing a regular men's singlet.
- He then casually bench-pressed nearly 167kg - beating the current Alberta women's record by almost 45kg.
US stock futures, bonds rally as markets flirt with Fed pause: U.S. stock futures rallied in tense Asian trade on Monday as authorities announced plans to limit ...
reuters.com/markets/global-markets-wrapup-4-pix-2023-03-13/
U.S. stocks rebounded as largely on-target inflation data and easing jitters over contagion in the banking sector cooled expectations regarding the size of the ... Show more reut.rs/409F3VK
Silicon Valley Bank slams global shares, US payrolls loom: Global shares hit a two-month low on Friday as investors dumped banks on fears of contagion after a ...
reuters.com/markets/global-markets-wrapup-1-2023-03-10/
Financial Crisis 2.0? Morgan Stanley's Shalett Doesn't Think So: Lisa Shalett is no permabull. She’s spent six months warning about the futility of fighting the ...
bloomberg.com/news/articles/2023-03-15/this-is-not-great-financial-crisis-2-0-says-morgan-stanley-s-shalett
Here's what the Federal Reserve's 25 basis point interest rate hike means for your money
cnbc.com/2023/03/22/what-the-feds-25-basis-point-interest-rate-hike-means-for-you.html
European Stocks Steady as Investors Mull Banking Woes, Inflation: European stocks were muted after falling for three straight sessions as investors weighed ...
bloomberg.com/news/articles/2023-03-14/european-stocks-steady-as-investors-mull-banking-woes-inflation
Inflation likely eased for seventh straight month in January: Still, the Federal Reserve has made clear that it has a long way to go before inflation is rooted ...
washingtonpost.com/business/2023/02/14/inflation-easing-cpi-january/
Quick Glance: Lael Brainard's departure from the White House leaves a significant void at the Federal Reserve.
- Lael Brainard, the Federal Reserve's No. 2 official, is leaving for the White House, leaving a void at the central bank as it enters a new phase of its inflation fight.
- Many people close to the Fed and the White House believe Brainard will eventually succeed Yellen at Treasury after the NEC.
- It's unclear who the White House could quickly appoint to fill such a critical role at the Fed.
- She's so central that it appears she'll leave a void."
With fears of contagion in the banking sector hitting markets, wealth advisors are working overtime to ensure client assets are protected from the fallout ... Show more https://trib.al/BCNfR6U
Millions of workers are still missing after COVID. Where did they go?: Economists are scratching their heads as to how big the gap actually is and where all ...
bloomberg.com/news/articles/2023-02-24/millions-of-us-workers-are-still-missing-after-the-pandemic-where-did-they-go
Silicon Valley Bank slams global shares, US payrolls loom: Global shares hit a two-month low on Friday as investors dumped banks on fears of contagion after a ...
reuters.com/markets/global-markets-wrapup-1-2023-03-10/
Stop Panicking About Boomerang Kids: Adult children who move back home shouldn’t be slammed as moochers.
bloomberg.com/opinion/articles/2023-02-20/boomerang-kids-moving-back-in-with-parents-aren-t-a-problem
We Know Who's to Blame for the Silicon Valley Bank Failure: Average Americans should let their displeasure be known.
theatlantic.com/ideas/archive/2023/03/svb-collapse-fed-regulation-financial-system-safety/673401/
Quick Glance: What is causing bank failures? SVB and Signature Bank failures explained
- Over the next 48 hours, there was a surge in customer withdrawals from the bank, which then attempted to raise emergency capital on the equity markets, which investors rejected.
- It, too, would crumble.
- "SVB's collapse was caused by a liquidity crisis when many of its larger depositors wanted to take money out at the same time." Haine explained.
- "The issue at the heart of this was caused by massive losses on SVB's bond investments in the face of rising US interest rates, and a fire sale of these as its clients – typically technology start-up entrepreneurs and venture capital investors – began pulling money out."
Covid’s Long Shadow Still Spreads Over Commercial Real Estate: Some areas, such as warehousing, have enjoyed a boost, while others, such as retail and office ...
forbes.com/sites/miltonezrati/2023/03/17/covids-long-shadow-still-spreads-over-commercial-real-estate/
Fed interest rate decision today: Central bank hikes by 0.25 percentage point to tame inflation
usatoday.com/story/money/economy/2023/02/01/federal-reserve-interest-rate-decision-meeting-live-updates/11135680002/
Why China's reopening could be bad news for the Fed: Federal Reserve officials are increasingly wary that the country’s reopening after years of Covid ...
politico.com/news/2023/02/24/china-economy-federal-reserve-inflation-00084231
There Is More Inflation Complexity Ahead | by Mohamed A. El-Erian - Project Syndicate
project-syndicate.org/commentary/why-the-resurgent-transitory-inflation-narrative-is-dangerous-by-mohamed-a-el-erian-2023-02
Paid articlePaid Biden Announces Top Economic Aide Deese is Leaving White House: President Joe Biden announced Thursday that Brian Deese — his top economic aide ...
bloomberg.com/news/articles/2023-02-02/biden-announces-top-economic-aide-deese-is-leaving-white-house
Federal Reserve Chairman Jerome Powell tests positive for COVID-19: The Fed announced on Wednesday that its chairman, Jerome Powell, has tested positive for ...
foxbusiness.com/economy/federal-reserve-chairman-jerome-powell-tests-positive-for-covid-19
Fed's Powell tests positive for COVID, has 'mild' symptoms: WASHINGTON (AP) — Federal Reserve Chair Jerome Powell tested positive Wednesday for COVID-19 and is ...
apnews.com/article/federal-reserve-system-business-covid-3d1676665c5139644d188701a638299a
Tight Labor Market Eased Pandemic Job-Loss Pain, Fed Study Says: The US labor market’s sharp recovery after the Covid-19 pandemic made it easier for workers who ...
bloomberg.com/news/articles/2023-02-03/pain-from-pandemic-job-losses-was-eased-by-tight-labor-market
Don’t Bank On It: The Bloomberg Close, Americas Edition: Good afternoon. Here’s what you need to know to end your day.
bloomberg.com/news/newsletters/2023-03-24/don-t-bank-on-it-the-bloomberg-close-americas-edition
Silicon Valley Bank’s Failure Is Now Everyone’s Problem: If it gets bailed out, will every bank be too big to fail?
theatlantic.com/ideas/archive/2023/03/let-silicon-valley-bank-go-under/673360/
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