rise in price level in an economy over time
The economy grew a disappointing 1.6% in Q1. What does it mean for interest rates?
usatoday.com/story/money/2024/04/25/gdp-report-first-quarter/73437532007/
Quick Glance: Unlikelihood of Fed Rate Cut Before Elections Disrupts Markets
- Investors cast doubt on a Fed rate cut before September.
- Expectations are now fully priced in for a rate cut on November 6-7.
- The shift in market expectations stemmed from inflation and growth data.
- There is now an estimated 75 percent likelihood of a Fed rate cut by September.
Increase higher than inflation: Federal cabinet approves pension increase of 4.57 percent
spiegel.de/wirtschaft/rente-bundeskabinett-beschliesst-rentenerhoehung-bezuege-steigen-staerker-als-inflation-a-86189476-6c53-4fad-a05f-441aca7d5d0a
Staff at Kent school face redundancies due to rising 'costs and inflation': The Duke of York's Royal Military School said it was consulting on a ...
kentlive.news/news/kent-news/staff-dover-school-face-redundancies-9248991
Quick Glance: Arrest and Three Injured in Wales School Attack
- Police urge removal of social media footage to prevent contempt of court and distressing those affected.
- A parent expresses concern over the injured and highlights the rarity of such incidents in Ammanford.
- Three injured and one arrested after an incident at Ysgol Dyffryn Aman in Ammanford, South-west Wales.
- Recap of the ongoing investigation at the school as parents anxiously wait for updates on their children's safety.
The Fed’s preferred inflation gauge just moved in the wrong direction: Inflation remained stubbornly high last month.
cnn.com/2024/04/26/economy/pce-inflation-spending-march/
Quick Glance: Rising Key Fed Inflation Measure in March
- In March, inflation remained strong, with an important indicator closely monitored by the Federal Reserve indicating elevated price pressures.
- The personal consumption expenditures price index excluding food and energy increased 2.8% from a year ago in March, above expectations.
- Both the all-items PCE price gauge and the core index increased by 2.7%, higher than estimates, leading to a positive market reaction.
- Markets reacted mildly to the data, with Wall Street set to open higher, while Treasury yields fell and the probability of rate cuts increased slightly.
Copper Hits $10,000 a Ton as BHP Bid Shows Tight Supply Pipeline: Copper hit $10,000 a ton for the first time in two years as speculation builds that the world’s ...
dailymaverick.co.za/article/2024-04-26-copper-hits-10000-a-ton-as-bhp-bid-shows-tight-supply-pipeline/
RBA to ‘increase interest rates three times’: A top forecaster issued a dire interest rate warning, predicting that the Reserve Bank will be forced to hike three ...
news.com.au/finance/economy/interest-rates/leading-forecaster-warren-hogan-predicts-rba-will-hike-cash-rate-to-51-per-cent-this-year/news-story/f6f2f084778953ccaa0538383f67449f
JPMorgan's Dimon hopes for soft landing for US economy but says stagflation is a possible scenario
apnews.com/article/jpmorgan-chase-jamie-dimon-economy-stagflation-76b6dbb8c87580a709c50dd3d00d751d
UK consumers feeling more confident about finances, says NatWest boss: For first time since August 2021 people expect position to be better in a year ...
theguardian.com/business/2024/apr/26/uk-consumers-feeling-more-confident-about-finances-says-natwest-boss
Explainer: Charting the Fed's economic data flow: The U.S. Federal Reserve held its benchmark overnight interest rate steady in the 5.25%-5 ...
reuters.com/markets/us/charting-feds-economic-data-flow-2024-04-05/
Mortgage rates continued their climb past the 7% threshold this week, sidelining affordability-sensitive buyers in their wake ... Show more
High mortgage rates hang around, reaching 7.17%
High mortgage rates hang around, reaching 7.17%
Jamie Dimon says US has less than 50% odds of nailing a soft landing: "It looks a little bit more like the '70s to me, and I point out to a lot of people ...
businessinsider.com/jamie-dimon-soft-landing-outlook-recession-inflation-jpmorgan-geopolitics-2024-4
Q1 GDP Report: Don't Use Yesterday's News To Predict Tomorrow's Inflation: Despite the first-quarter GDP anomaly, the long-term trend suggests a soft landing ...
seekingalpha.com/article/4686661-q1-gdp-report-dont-use-yesterdays-news-to-predict-tomorrows-inflation
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Asia stocks, yen tentative with eyes on BOJ decision: Asian shares rose cautiously on Friday as markets sobered up to the idea that U.S. rate cuts were most ...
reuters.com/markets/global-markets-wrapup-1-2024-04-26/
Surging auto insurance rates squeezing drivers, fueling inflation. What to know before you buy
omaha.com/news/nation-world/business/personal-finance/car-insurance-premiums-geico-allstate-progressive/article_ad8948e9-b31d-584c-9840-17343a9a58b9.html
LKQ Corporation: FY 2024 Adjusted Net Income Guidance Is Achievable: Despite weak organic growth in 1Q24, LKQ's momentum in alternative parts utilization and ...
seekingalpha.com/article/4686633-lkq-corporation-fy-2024-adjusted-net-income-guidance-achievable
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Mortgage demand falls again as interest rates soar past 7%: A key measure of home-purchase application fell for the third straight week as mortgage interest ...
foxbusiness.com/economy/mortgage-demand-falls-again-interest-rates-soar-past-7
Tokyo Inflation Slows Sharply on Education Subsidy Impact Before BOJ Meeting: Price growth in Tokyo decelerated sharply to a pace below 2% in April ...
bloomberg.com/news/articles/2024-04-25/tokyo-inflation-slows-sharply-on-education-subsidy-impact
If I Had To Retire With Only 5 Stocks, It Would Be These: Buffett once encouraged investors to only make a few high-quality investment decisions ...
seekingalpha.com/article/4686001-if-had-to-retire-with-5-stocks
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4.6 percent more from July: This is what you need to know about the pension increase in 2024
focus.de/finanzen/altersvorsorge/inflation-frisst-steigerung-nicht-auf-4-6-prozent-mehr-ab-juli-das-muessen-sie-zur-diesjaehrigen-rentenerhoehung-wissen_id_259888791.html
Japanese yen rises sharply after hitting 34-year low against dollarJapanese yen rises sharply after hitting 34-year low against dollar | The Asahi Shimbun: Breaking News, Japan News and Analysis
BBC TV Licence rule that could save you £170 on licence fee: The cost of getting a BBC TV Licence has increased by £10.50 to £169.50
herefordtimes.com/news/24277105.bbc-tv-licence-rule-save-170-licence-fee/
4.4 million percent with inflation protection: The top stocks against mega inflation - now in the new AKTIEN-Report
deraktionaer.de/artikel/aktien/44-millionen-prozent-mit-inflationsschutz-20356201.html
Housing market: Is now the best time for real estate?: The head of Merkur Privatbank, Marcus Lingel, expects an interest rate cut this year ...
faz.net/aktuell/finanzen/meine-finanzen/mieten-und-wohnen/wohnungsmarkt-ist-jetzt-der-beste-zeitpunkt-fuer-immobilien-19678469.html
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Car insurance: Policies are becoming more expensive - how you can still save money
wiwo.de/unternehmen/versicherer/kfz-versicherungen-policen-werden-teurer-wie-sich-trotzdem-sparen-laesst/29773392.html
Morgan Stanley Warns of Possible Tokyo CPI Yen Shock Before BOJ: Morgan Stanley MUFG Securities economists flagged a risk of Tokyo inflation data causing a ...
bloomberg.com/news/articles/2024-04-25/morgan-stanley-warns-of-possible-tokyo-cpi-yen-shock-before-boj
JPMorgan Chase CEO Jamie Dimon says Bidenomics is only ‘partially’ working as many Americans aren’t feeling ‘lifted up by this economy’
fortune.com/2024/04/25/jamie-dimon-on-bidenomics-jpmorgan-chase-economy-inflation-infrastructure/
Paid articlePaid Jamie Dimon warns world order is being challenged, bashes crypto again: JPMorgan's CEO warned of sticky inflation, rising interest rates, recession ...
businessinsider.com/jpmorgan-jamie-dimon-economy-inflation-recession-stagflation-geopolitics-crypto-bitcoin-2024-4
Quick Glance: JPMorgan CEO Dimon Praises US Economy
- Jamie Dimon, Chairman and Chief Executive Officer of JPMorgan Chase & Co., speaks to the Economic Club of New York.
- Dimon expressed confidence in a robust U.S. economy with strong employment and healthy consumer finances.
- However, he warned about the potential economic effects of rising national debt, inflation, and geopolitical conflicts.
- Dimon also discussed the need for a more harmonious relationship between lenders and regulators, as well as praised U.S. leadership and economic power.
Long-term Treasury bond ETFs under pressure as investors weigh GDP report: Exchange-traded funds that buy long-term Treasury bonds were under pressure Thursday ...
trib.al/UA2GI98
Investors Sick And Tired Of Inflation Hoard This Asset: Looking for signs that inflation is taking a toll? The closure of 99 Cents Only Stores is one — but so is ...
investors.com/etfs-and-funds/etfs/gold-price-investors-tired-of-inflation-hoard-this-asset/
Rising costs - Motor vehicle insurers are turning up the price screw: The inflation rate has recently calmed down significantly. But drivers still face ...
insuedthueringen.de/inhalt.steigende-kosten-kfz-versicherer-drehen-an-der-preisschraube.adcbb04f-dfe6-4281-a618-3110f31c08c1.html
Paid articlePaid
Cost of borrowing continues to rise – IMF: IMF advises the affected countries that adapting to these challenges requires a resolute package of strong domestic ...
monitor.co.ug/uganda/news/national/cost-of-borrowing-continues-to-rise-imf-4603202
Bonds at Risk from Asia’s Most Inflation-Sensitive Central Bank: Emerging Asia’s worst-performing sovereign bonds are at risk of further declines as the ...
bloomberg.com/news/articles/2024-04-25/bonds-at-risk-from-asia-s-most-inflation-sensitive-central-bank
Paid articlePaid Artisan Global Value Fund Q1 2024 Commentary: The MSCI World Index’s 10-year compound annual return is 9%; this quarter it gained 9%.
seekingalpha.com/article/4686046-artisan-global-value-fund-q1-2024-commentary
Bank of Canada Officials Split on How Soon Rate Cuts Could Start, Minutes Say: Senior Bank of Canada officials were divided on how soon the central bank could ...
wsj.com/articles/bank-of-canada-officials-split-on-how-soon-rate-cuts-could-start-minutes-say-b3d33899
The Federal Reserve will not bring interest rates back down to their post-financial crisis lows, according to veteran investor Howard Marks — and he believes ... Show more
Market veteran Howard Marks says Fed is 'not going back' to ultra-low rates
Market veteran Howard Marks says Fed is 'not going back' to ultra-low rates
Why the Fed keeping rates higher for longer may not be such a bad thing: It's a tough case to sell that higher interest rates today are having a substantially ...
cnbc.com/2024/04/24/why-the-fed-keeping-rates-higher-for-longer-may-not-be-such-a-bad-thing.html
What’s the Difference Between the CPI and PCE Indexes?: Inflation is top of mind for investors, but there’s more than one way to measure consumer prices.
morningstar.com/markets/whats-difference-between-cpi-pce
Here's how Gen Z should build their retirement portfolio: Life expectancy is increasing rapidly. That doesn't make a fifty-year pension unlikely - for Gen Z.
businessinsider.de/wirtschaft/international-business/so-sollte-die-gen-z-ihr-portfolio-fuer-den-ruhestand-aufbauen/
How Risky Is Japan’s Monetary-Policy Normalization? | by Takatoshi Ito - Project Syndicate
project-syndicate.org/commentary/bank-of-japan-monetary-policy-normalization-risks-by-takatoshi-ito-2024-04
JPMorgan warns of need for ‘reality check’ on phasing out fossil fuels: US bank says higher interest rates, inflation and global conflict have dented outlook for ...
ft.com/content/352b38a7-f298-4b54-adc2-f4cc1b17444b
Quick Glance: JPMorgan warns of Need for 'Reality Check' on Phasing out Fossil Fuels
- JPMorgan warns of setbacks in transitioning to renewable energy due to higher interest rates, inflation, and global conflicts.
- Investment in renewable energy currently offers subpar returns, potentially leading to social unrest.
- JPMorgan forecasts increasing demand for oil and gas until 2030, highlighting challenges in transitioning to renewable energy.
- Wood Mackenzie warns of the impact of higher interest rates on transitioning to a global net-zero economy, especially for renewables and nuclear power.
Stock market sell-off has 'further to go,' JPMorgan warns: JPMorgan analysts warned in a note to clients this week that the U.S. stock market sell-off has ...
foxbusiness.com/markets/stock-market-selloff-has-further-go-jpmorgan-warns
Average mortgage holder spending record $2,800 on monthly payments: The median monthly mortgage payment jumped 11% in the past year due to surging interest rates ...
businessinsider.com/mortgage-payments-housing-market-interest-rates-house-prices-sales-2024-4
Quick Glance: Mortgage Rates Surge Above 7% in 2024, Posing Major Dilemma for Homebuyers
- US mortgage rates have surged above 7%, increasing costs for homebuyers.
- The rise in mortgage rates impacts monthly costs, limiting purchasing power.
- Uncertainty surrounding rate trends poses a decision dilemma for potential homebuyers.
- Experts anticipate a moderate easing of mortgage rates later in the year.
Riester pension disappoints: many only receive measly returns: Disappointing Riester pension: New figures from the Federal Ministry of Finance reveal low payout ...
t-online.de/finanzen/ratgeber/altersvorsorge/privatevorsorge/riester-rente/id_100390008/riester-rente-enttaeuscht-viele-bekommen-nur-mickrige-ertraege.html
U.S. Mortgage Rates Jump Above 7% for the First Time This Year: Rates on 30-year mortgages — the most common kind among U.S. homeowners — surpassed the 7 percent ...
nytimes.com/2024/04/18/business/mortgage-rates.html
Iran-Israel escalation unsettles oil market: If the Middle East conflict spreads to Iran, it could restrict global oil supplies. The oil market therefore reacts ...
zdf.de/nachrichten/wirtschaft/iran-israel-eskalation-oelmarkt-100.html
Dave Myers: Premier Inn explain Cumbria Dave Day price rise: The hotel chain have responded after the cost for a room on June 8 roughly doubled compared to the ...
nwemail.co.uk/news/24271837.dave-myers-premier-inn-explain-cumbria-dave-day-price-rise/
Stock market today: Stocks slide for the 5th straight session: The S&P 500 hit its worst losing streak since last October as investors recalibrate amid forecasts ...
markets.businessinsider.com/news/stocks/stock-market-news-fifth-loss-fed-speakers-rate-cuts-delay-2024-4
Investors price in growing chance of another Federal Reserve interest rate rise: While base case remains reduction in borrowing costs, options market shows a 20% ...
ft.com/content/8c5da64b-766e-4993-86f5-aac95342432a
America’s debt problem is storing up trouble for the rest of the world: The high and rising level of US government debt risks driving up borrowing costs around ...
cnn.com/2024/04/17/economy/america-debt-interest-rates/
Quick Glance: IMF Warns of Fiscal Deficits in US and China
- The IMF has warned the US that its massive fiscal deficits have stoked inflation and pose “significant risks” for the global economy.
- Concerns were also raised about Chinese government debt, with the country projected to have a deficit of 7.6 per cent in 2025, more than double the average for other emerging markets.
- In addition to the US and China, the fund named two more countries that “critically need to take policy action to address fundamental imbalances between spending and revenues”.
- The IMF noted that “large and sudden increases” in US borrowing costs typically lead to surges in government bond yields globally and exchange rate turbulence in emerging markets and developing economies.
The market rally is at its most fragile point in months. The S&P 500 ended Friday below 5,000, its first close below that mark since late February. Meanwhile ... Show more
Fed's favorite inflation gauge and Big Tech earnings greet a slumping stock market: What to know this week
Fed's favorite inflation gauge and Big Tech earnings greet a slumping stock market: What to know this week
2024 will be a new record year for sales of electric cars worldwide: Despite high inflation and increased raw material prices and despite canceled subsidies such ...
tageblatt.lu/headlines/2024-wird-neues-rekordjahr-fuer-verkaeufe-von-elektroautos-weltweit/
How much money do you need to retire? Most Americans calculate $1.8 million, survey says.
usatoday.com/story/money/personalfinance/2023/08/02/how-much-money-americans-need-for-retirement/70507274007/
Four hurdles for bank buyers to clear: As recently as a few months ago, many observers predicted a surge of bank mergers this year. But longtime obstacles to ...
americanbanker.com/list/four-hurdles-for-bank-buyers-to-clear
Wall Street retreated on Friday as dimming hopes for a coming interest rate cut and geopolitical uncertainty intensified a sell off in Big Tech ... Show more
Stock market today: Tech stocks smoked, Nvidia tumbles 10% to cap worst week of the year
Stock market today: Tech stocks smoked, Nvidia tumbles 10% to cap worst week of the year
Basic tax-free allowance: 244,000 pensioners do not have to pay taxes: The basic tax-free allowance was increased at the turn of the year to compensate for ...
zdf.de/nachrichten/wirtschaft/rentner-deutschland-steuern-grundfreibetrag-100.html
DOESN'T ADD UP: The overwhelming evidence debunking the president's claims that he inherited the country's economic issues.Biden claims inflation was 'skyrocketing' when he took office, despite data showing opposite | Fox Business
Biden's new take on inflation: Trump would be worse: Biden's team knows there's not a lot it can do to lower it before the Nov. 5 election.
axios.com/2024/04/13/biden-trump-inflation-worse-tariffs
Quick Glance: Biden's New Perspective on Inflation: Trump Would Be Worse
- The White House warns that inflation would worsen if Trump is re-elected as a strategy to sway voters.
- March's inflation increase surpassed expectations, undermining Biden's claim of lowering prices.
- Rising oil prices due to geopolitical tensions could lead to higher gas prices, a concern for the White House.
- Biden emphasizes fighting inflation as top priority while experts debate the impact of his economic stimulus packages.
March's inflation data had good and bad news about food: It's getting increasingly cheaper to eat at home.
axios.com/2024/04/10/march-cpi-food-inflation
Stocks on Wall Street got a boost after fresh economic data rekindled hopes that inflation remains in a downward trend. The Dow remained steady ... Show more
S&P 500, Nasdaq end sharply higher on soft inflation data, eyes on earnings | Reuters
S&P 500, Nasdaq end sharply higher on soft inflation data, eyes on earnings | Reuters
JPMorgan CEO warns interest rates could rise to 8 percent ‘or even more’: JPMorgan Chase CEO Jamie Dimon warned that interest rates could rise to 8 percent or ...
thehill.com/business/4585341-jpmorgan-ceo-dimon-warns-interest-rates-8-percent/
Focus: Soaring insurance costs hit as US buyers finally get a break on car prices
reuters.com/markets/us/soaring-insurance-costs-hit-us-buyers-finally-get-break-car-prices-2024-04-11/
Hot inflation may put Fed rate cut in thick of election season: Hot U.S. inflation data has put the Federal Reserve's debate over a first interest rate cut on a ...
reuters.com/world/us/hot-inflation-may-put-fed-rate-cut-thick-election-season-2024-04-11/
Food inflation across rich nations drops to pre-Ukraine war levels: Annual change in prices across 38 industrialised countries eased to 5.3% in February ...
ft.com/content/f51368f0-c157-451d-a231-b944fbe7e7a0
Quick Glance: Decline in Food Prices in Industrialized Countries
- Annual change in prices across 38 industrialized countries eased to 5.3% in February, according to the latest OECD data.
- Food inflation across rich nations has dropped to its lowest level since before Russia’s full-scale invasion of Ukraine, alleviating pressure on households affected by cost increases.
- The OECD is expected to address food prices as part of its comprehensive inflation update.
- The decrease in food price inflation was widespread in industrialized countries in February, with the latest OECD reading halved or almost halved from recent peaks.
Jamie Dimon warns rates could stay high as market mood shifts: JPMorgan chief says inflation could be ‘stickier’ than markets expect in annual letter to ...
ft.com/content/9c3b136c-79c0-4347-9cc9-b90e5489a85f
Quick Glance: Jamie Dimon warns of potentially prolonged high rates
- JPMorgan chief Jamie Dimon warns in his annual letter to investors of potentially prolonged higher inflation and interest rates due to high government spending.
- Dimon mentioned that the economy is being fueled by government deficit spending and past stimuli, which could lead to potentially stickier inflation and higher rates.
- Financial markets have significantly reduced their expectations for the number of expected rate cuts by the US Federal Reserve, with only two quarter-point cuts planned in 2024.
- Dimon also warns of the risks of the private credit market boom and emphasizes that regulations may increasingly focus on this market, warning of geopolitical risks due to events like Russia's invasion of Ukraine.
Why gold prices are at record highs: From central banks to Costco customers, it seems everyone is buying gold these days.
cnn.com/2024/04/09/economy/gold-prices-record-highs/
Soaring prices pose threat to consumers, and Biden: Crude's flirtation with levels above $90 are both a political and economic challenge.
axios.com/2024/04/12/crude-prices-inflation-gas
State pension increase: How much will payments go up in April with the triple lock?
independent.co.uk/news/uk/home-news/state-pension-age-2024-how-much-increase-b2524958.html
Reserve Bank set to update interest rate outlook as oil prices spike: Business & Investing: The price of a barrel of oil surged above US$90 a barrel for the ...
newsroom.co.nz/2024/04/08/reserve-bank-set-to-update-interest-rate-outlook-as-oil-prices-spike/
Citizens' money, stock pension, later retirement: the FDP's 5-point plan: At the weekend, the FDP presidium developed a five-point plan to strengthen the economy ...
focus.de/finanzen/news/diskutables-programm-ueberstunden-und-spaeter-in-rente-das-steckt-hinter-dem-5-punkte-plan-der-fdp_id_259837513.html
With 25% inflation, this country has highest living cost in all of Asia - News | Khaleej Times
khaleejtimes.com/world/asia/with-25-inflation-this-country-has-highest-living-cost-in-all-of-asia
Dollar firm, yen under watch ahead of key US CPI release: The dollar consolidated on Wednesday ahead of a key inflation report later in the day ...
reuters.com/markets/currencies/dollar-sideways-yen-under-watch-ahead-key-cpi-release-2024-04-10/
Wall Street’s main indexes plunged on Friday due to higher-than-expected inflation and jobs data, leading investors to revise their expectations for interest ... Show more
Wall St ends sharply lower on mixed earnings, sticky inflation, geopolitical fears | Reuters
Wall St ends sharply lower on mixed earnings, sticky inflation, geopolitical fears | Reuters
Insure the bones first: What insurance families need: Insurance premiums rise with inflation. Which insurance policies do you absolutely need - and which ones ...
faz.net/aktuell/finanzen/meine-finanzen/vermoegensfragen/welche-versicherungen-familien-brauchen-19649565.html
Paid articlePaid Why JPMorgan bosses are skeptical of an M&A comeback: JPMorgan's Jamie Dimon pointed to factors including inflation and geopolitical tensions as representing red ...
businessinsider.com/jpmorgan-bosses-are-skeptical-mergers-deals-comeback-2024-4
Fed’s Jeffrey Schmid Rejects Preemptive Rate Cuts, Favors ‘Patient’ Approach: A slew of Federal Reserve officials emphasized Friday that there is no urgency to ...
bloomberg.com/news/articles/2024-04-12/fed-s-schmid-rejects-preemptive-cuts-amid-lingering-inflation
Only 6 altcoins in the top 50 have outperformed Bitcoin this year: Only six altcoins of the top 50 largest tokens by market cap; Dogecoin, Shiba Inu, Stacks, BNB ...
cointelegraph.com/news/only-six-altcoins-outperform-bitcoin-this-year
Abolishing pension triple lock would be ‘toxic’, ex-ministers warn: Keir Starmer has said he cannot guarantee it will be in Labour's manifesto - but experts ...
inews.co.uk/news/politics/pension-triple-lock-abolish-toxic-3004334
Business News at 05:30 pm on 11th April, 2024: Morning Podcast
financialexpress.com/audio/expresso-business-update/business-news-at-0530-pm-on-11th-april-2024/3454044/
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