ECB’s Christine Lagarde signals July and September rate hikes

May 23 22

Inflation: Nagel predicts end of moderate wage policy: In view of the high inflation, the demand for higher wages is not surprising, says Joachim Nagel ...

handelsblatt.com/finanzen/geldpolitik/bundesbank-chef-nagel-prognostiziert-baldiges-ende-der-moderaten-lohnpolitik-in-deutschland/28369360.html

0

Politico

B+

May 23 22

ECB’s Christine Lagarde signals July and September rate hikes: Central bank chief makes first explicit call for two interest rate bumps in quick succession.

politico.eu/article/ecbs-christine-lagarde-signals-july-and-september-rate-hikes/

0

6

Bloomberg

B

Apr 23

ECB's Nagel Says Can Cut Rates If Data Confirm Economic Forecast: The European Central Bank can envisage reducing borrowing costs if new forecasts and fresh ...

bloomberg.com/news/articles/2024-04-23/ecb-can-cut-rates-if-data-confirm-economic-forecast-nagel-says

3

N-tv

C

2h

Bundesbank President Nagel: "Could see first rate cut for euro zone in June": The inflation rate has fallen significantly in recent months. If the ECB announces ...

n-tv.de/mediathek/videos/wirtschaft/Koennten-im-Juni-erste-Zinssenkung-fuer-Euroraum-sehen-article24897008.html

49

Apr 16

US to grow at double the rate of G7 peers this year, says IMF: Fund also upgrades inflation forecasts as strong demand and tight labour market delay possible Fed ...

ft.com/content/3b819571-662d-4185-9ca5-c7e682b55700

Quick Glance: IMF upgrades global growth forecast despite risks

The International Monetary Fund slightly raised its global growth forecast on Tuesday, noting that the economy had proven 'surprisingly resilient' despite inflationary pressures and monetary policy shifts.

IMF's chief economist, Pierre-Olivier Gourinchas, indicated that the global economy is heading for a 'soft landing,' with risks to the outlook now broadly balanced.

While advanced economies are expected to lead the growth, dim prospects in China and other major emerging markets could impact global trade partners, according to the report.

Despite Tuesday's brighter outlook, global growth remains low compared to historical standards, partly due to weak productivity growth and increasing geopolitical fragmentation.

438

10h

ECB’s First Rate Cut Doesn’t Have to Kick Off Series, Nagel Says: The European Central Bank can’t commit to what will happen after a likely first reduction in ...

bloomberg.com/news/articles/2024-04-24/ecb-s-first-rate-cut-doesn-t-have-to-kick-off-series-nagel-says

7

Apr 17

Europe Economy Is Showing Signs of Recovery, Christine Lagarde Says: Europe’s economy is nearing the end of a malaise that’s resulted in more than a year of near ...

bloomberg.com/news/articles/2024-04-17/lagarde-says-euro-zone-economy-clearly-showing-signs-of-recovery

24

Apr 16

Brazil seeks to weaken fiscal targets it set only a year ago: Leftist administration of Luiz Inácio Lula da Silva wants greater flexibility on budget surplus ...

ft.com/content/14e6a4d4-8be7-46cf-bb51-8445b0e85dc1

Quick Glance: Brazil Moves to Relax Fiscal Targets Set a Year Ago

The leftist administration of Luiz Inácio Lula da Silva wants more flexibility on budget surplus goals

Brazilian President Luiz Inácio Lula da Silva’s government is seeking to loosen its own budget targets as investor concerns rise about the risk of fiscal slippage in Latin America’s largest economy

Ministers intend to balance the budget next year, replacing the previous goal for income to exceed outgoings by 0.5 per cent of gross domestic product

Analysts warn that the current deficit targets are unrealistic and likely to be tweaked, prompting investors to express concerns about Brazil’s economic approach under Lula

381

Apr 17

UK inflation falls as crumpet and meat prices drop: New official figures show that inflation, the rate at which prices rise over time, fell again in March.

bbc.com/news/business-68833077

Quick Glance: Powell Warns of Lack of Progress on Inflation

Federal Reserve Chair Jerome Powell emphasized that the U.S. economy, while otherwise strong, has not seen a return of inflation to the central bank's target.

Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.

Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.

Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.

936

Apr 20

ECB’s Vasle Sees Limit to How Far Lagarde’s ECB Can Diverge From Powell and Fed: The European Central Bank can’t fully disregard inflation dynamics and monetary ...

bloomberg.com/news/articles/2024-04-18/ecb-s-vasle-sees-limit-to-how-far-lagarde-s-ecb-can-diverge-from-powell-and-fed

7

Apr 17

US deficit poses ‘significant risks’ to global economy, warns IMF: Fund also cites concerns over fiscal ‘imbalances’ in UK, China and Italy

ft.com/content/0d098011-0ff5-4125-8cbb-5a5b281c9bd0

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.

112

Apr 19

ECB Needs to Remain Restrictive Even If Cuts Start, Nagel Says

bloomberg.com/news/articles/2024-04-19/ecb-needs-to-remain-restrictive-even-if-cuts-start-nagel-says

8

Apr 19

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.

77

Apr 22

West is best? How we stack up against Australia: Running a quick stock take on the NZ and Aussie economies, Australia comes out on top.

newsroom.co.nz/2024/04/23/west-is-best-how-we-stack-up-against-australia/

30

Apr 10

Traders Pare ECB Cut Bets After US CPI, All Eyes on Lagarde: Traders pared bets on European Central Bank interest-rate cuts after US inflation topped forecasts ...

bloomberg.com/news/articles/2024-04-10/traders-pare-ecb-cut-bets-after-us-cpi-with-all-eyes-on-lagarde

Paid articlePaid

72 similar articles

35

6 .

T-Online Apr 18

Cash: Germans' assets at record value - Daily money is also popular: The Germans have more money in their pockets again. The reason for this is higher interest ...

t-online.de/finanzen/aktuelles/id_100388504/bargeld-vermoegen-der-deutschen-auf-rekordwert-auch-tagesgeld-beliebt.html

Quick Glance: Record: Germans Hold 7716 Billion Euros in Wealth

German private individuals hold a net wealth of 7716 billion euros.

Stocks and investment funds saw significant gains in the last quarter.

Cash and bank deposits remain the largest component of wealth.

Household net wealth increases by 244 billion euros to 5560 billion euros.

3 similar articles

243

484

San Francisco Chronicle

B+

Apr 21

SF sales down 28% from 2019. What sectors and areas were hit hardest?: This map and table breaks down trend in S.F. sales tax revenue for the past five years

sfchronicle.com/bayarea/article/sf-sales-tax-neighborhood-19394489.php

158

306

Die Presse

B

Apr 23

Eurozone economy grows surprisingly strongly: The Purchasing Managers' Index rose by 1.1 points to 51.4, the highest level in eleven months ...

diepresse.com/18396920/wirtschaft-der-eurozone-waechst-ueberraschend-stark

32

Apr 18

ECB’s Nagel Says June Cut More Probable, But Still Caveats: CNBC: The European Central Bank is moving closer to lowering borrowing costs at its next policy ...

bloomberg.com/news/articles/2024-04-17/ecb-s-nagel-says-june-cut-more-probable-but-still-caveats-cnbc

5

Apr 22

Lagarde Reiterates Europe, US Shouldn’t Engage in Subsidy Race: European Central Bank President Christine Lagarde reiterated that Europe and the US should avoid ...

bloomberg.com/news/articles/2024-04-22/lagarde-reiterates-europe-us-shouldn-t-engage-in-subsidy-race

0 similar articles

4

2

FIJ NG Apr 18

Bag of Rice Still Selling for Up to N84,000 in Lagos: To verify if a bag of rice indeed sells for N60,000, FIJ took to two food markets in Lagos to ask the ...

fij.ng/article/bag-of-rice-still-selling-for-up-to-n84000-in-lagos/

8

Apr 18

ECB’s Guindos Reiterates Inflation Trend May Allow for Rate Cut: European Central Bank Executive Board member Luis de Guindos reiterated that a continuation in ...

bloomberg.com/news/articles/2024-04-18/ecb-s-guindos-reiterates-inflation-trend-may-allow-for-rate-cut

4

Apr 17

Christine Lagarde says US plan to raise debt against Russian assets carries legal risk

ft.com/content/f4996537-329d-4946-821e-67d11f5928b7

56

Apr 20

Investors raise bets on euro falling to parity with dollar: Eurozone borrowing costs seen as likely to fall first as strength of US economy lowers chance of ...

ft.com/content/700f0282-e939-4441-8093-6e012c39f4bd

35

Apr 08

Is Japan finally becoming a ‘normal’ economy? : Prices are rising, workers are demanding higher pay and the stock market is booming. But the country still has to ...

ft.com/content/88174b91-27d6-4936-ba5c-62c831b0a1c7

Quick Glance: Record Audience at NCAA Women's Championship

South Carolina's victory over Caitlin Clark and Iowa in Sunday's women's NCAA championship game garnered a preliminary average viewership of 18.7 million on ABC and ESPN.

Nielsen's final numbers on Tuesday may reveal an increase in viewership.

It marks the most-watched basketball game since 2019, when the men's NCAA title game between Virginia and Texas Tech averaged 19.6 million viewers on CBS.

The women's final also recorded the highest viewership for a Sunday afternoon sporting event on ESPN and ABC since early 2021.

113

Apr 08

Inflation rate falls to lowest level in three years in Thuringia: Prices for food and non-alcoholic beverages fell by an average of 0.7 percent compared to the ...

thueringer-allgemeine.de/wirtschaft/article242050862/Inflationsrate-sinkt-in-Thueringen-auf-niedrigsten-Stand-seit-drei-Jahren.html

210

Apr 11

Resurgent inflation looms over Joe Biden’s White House bid: Consumer prices are rising quickly at just the wrong time for the US president

ft.com/content/d8520a33-f202-4679-b6f7-99fe9e4fb3ae

42

Apr 19

Mortgage rates top 7 percent for first time in 2024: Mortgage rates topped 7 percent for the first time this year, according to data released Friday by Freddie ...

thehill.com/business/4605828-mortgage-rates-top-first-time/

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.

63

Apr 18

ECB’s Lagarde digs in as US pushes Europe on using Russian assets for Ukraine aid

politico.eu/article/ecbs-lagarde-digs-in-as-us-pushes-europe-on-using-russian-assets-for-ukraine-aid/

12

Apr 19

ECB's Lagarde says inflation more likely to ease but risks both ways: Euro zone inflation is likely to decline further and the European Central Bank may cut ...

reuters.com/markets/rates-bonds/ecbs-lagarde-says-inflation-more-likely-ease-risks-both-ways-2024-04-19/

12

Apr 19

Financial assets of private households at a record high: Overall, people in Germany have more financial assets than ever before. However ...

hna.de/wirtschaft/geldvermoegen-privater-haushalte-auf-rekordhoch-zr-93018343.html

40

Apr 13

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.

80

Apr 15

Joe Biden’s approval rating on the economy is rising among US voters: FT-Michigan Ross poll finds president’s gains could be derailed by persistent fears over ...

ft.com/content/bdd37729-8225-4f52-ae88-a7edeb329bb5

20

Apr 08

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.

100

Apr 14

US and India stoke hopes of global growth in 2024 : FT-Brookings Tiger index shows ‘positive omens’ for modest pick-up compared with last year

ft.com/content/7d1199bb-8283-49c3-801e-249938bcbae8

0 similar articles

35

12

The Wall Street Journal

B

Apr 10

Consumer Prices Rose 3.5% in March From Year Earlier: Annual inflation ticked up and underlying price pressures remained strong last month. .

599

Apr 21

By almost 20 percent: gas prices in Germany are rising again: The regular VAT rate for gas has been in effect again in Germany since the beginning of April. This ...

n-tv.de/wirtschaft/Gaspreise-in-Deutschland-steigen-wieder-article24889291.html

48

Apr 11

Best-Laid Plans: The Bloomberg Close, Europe Edition: Good afternoon. Here's what you need to know to end your day.

bloomberg.com/news/newsletters/2024-04-11/best-laid-plans-the-bloomberg-close-europe-edition

6

Apr 12

ECB Versus the Fed: There’s a Danger to Going It Alone With Rate Cuts: I’m Craig Stirling, a senior editor in Frankfurt. Today we’re looking at the prospects for ...

bloomberg.com/news/newsletters/2024-04-12/ecb-versus-the-fed-there-s-a-danger-to-going-it-alone-with-rate-cuts

5

Apr 19

Escalating Middle East tensions a fresh jolt to world markets: Reports of an Israeli attack on Iranian soil that possibly drags the Middle East into a deeper ...

reuters.com/markets/global-markets-middle-east-graphic-2024-04-19/

25

Apr 09

Small business optimism hits lowest level since 2012: NFIB: The NFIB's Small Business Optimism Index slid in March to its lowest level since December 2012 amid ...

foxbusiness.com/economy/small-business-optimism-hits-lowest-level-since-2012-nfib

8 similar articles

319

112

The Sydney Morning Herald

B+

Apr 18

If the Reserve Bank were a football coach, it would have been sacked eons ago: The bank’s job is to hold inflation between 2 and 3 per cent. Since mid-2014 ...

smh.com.au/politics/federal/if-the-reserve-bank-were-a-football-coach-it-would-have-been-sacked-eons-ago-20240418-p5fkv9.html

46

Apr 05

US employers added a surprisingly robust 303,000 jobs in March in a sign of economic strength

apnews.com/article/jobs-hiring-unemployment-economy-inflation-federal-reserve-1e456b8df0e11b218ed50f1ead6f6797

Quick Glance: US economy adds impressive 303,000 jobs last month

Employers added 303,000 jobs in March, bringing the unemployment rate down to 3.8%.

US stock futures rose slightly on Friday morning, but markets have had a rough week.

The S&P 500 companies are expected to report positive first-quarter earnings, fueling optimism in the market.

Investors are hopeful for a strong earnings season to continue the stock rally amidst concerns about inflation and interest rates.

270

Apr 23

Could interest rate hikes be keeping inflation high?: The stickiness of the post-pandemic inflation is raising questions about how effective high interest rates ...

thehill.com/business/4612114-could-interest-rate-hikes-be-keeping-inflation-high/

20

Apr 21

Biden needs to face facts: He’s still losing to Trump : For President Biden and the Democrats, thing are looking ugly in November.

thehill.com/opinion/campaign/4604865-biden-needs-to-face-facts-hes-still-losing-to-trump/

52

Apr 12

It’s Time for the ECB to Diverge From Fed, Stournaras Says: The European Central Bank shouldn’t be afraid to shift its “overly prudent” stance on interest rates ...

bloomberg.com/news/articles/2024-04-12/it-s-time-for-the-ecb-to-diverge-from-the-fed-stournaras-says

3

Apr 22

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

1

Apr 21

Hundreds of young supporters of Donald Trump lined up for his recent Green Bay, Wisconsin, campaign rally. The most common reason many are backing the former ...

reut.rs/49HtDgh

0 similar articles

6

33

The Charlotte Observer

B+

Apr 09

Get ready for $5-a-gallon gasoline

charlotteobserver.com/news/business/article287472190.html

26

Apr 12

Europe's economic divergence with US is real but has its limits: Inflation in the euro zone is different to that in the United States, much as ECB President ...

reuters.com/world/europe/europes-economic-divergence-with-us-is-real-has-its-limits-2024-04-12/

16

Apr 16

Xi Jinping says China’s exports are helping ease global inflation: Chinese president warns German Chancellor Olaf Scholz against ‘rise of protectionism’

ft.com/content/7cc89622-66a7-4b1c-9b2e-138f121a4731

10

Apr 08

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.

15

Apr 18

Few in new poll say Biden law has helped fight climate change: Very few Americans believe the Inflation Reduction Act (IRA), signed into law by President Biden ...

42

Apr 23

BOJ to project inflation will stay around target, signal chance for rate hike: The Bank of Japan is expected to project inflation will stay around its 2% target ...

reuters.com/markets/asia/boj-project-inflation-will-stay-around-target-signal-chance-rate-hike-2024-04-22/

1 similar article

20

9

Times of Oman Apr 17

Is it the right time to buy gold or wait as prices continue to soar: Is it the right time to buy gold as prices spiral?

timesofoman.com/article/144450-is-it-the-right-time-to-buy-gold-or-wait-as-prices-continue-to-soar

45 similar articles

10

5

The Sydney Morning Herald

B+

Apr 16

Business defaults soar as Australian house prices outpace the globe: Australian house prices are out-performing most of the world, even after inflation ...

smh.com.au/politics/federal/business-defaults-soar-as-australian-house-prices-outpace-the-globe-20240416-p5fk42.html

7 similar articles

20

197

ZDF

A-

Apr 15

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

125

Apr 19

Petrol and diesel back to nearly €2 a litre as drivers hit by biggest price rise this year

independent.ie/business/personal-finance/petrol-and-diesel-back-to-nearly-2-a-litre-as-drivers-hit-by-biggest-price-rise-this-year/a1753249448.html

39

Apr 21

Poll: Election interest hits new low in tight Biden-Trump race: Amid a tight Joe Biden-Donald Trump race, the share of voters with high interest in the election ...

nbcnews.com/politics/2024-election/poll-biden-trump-tight-race-election-interest-low-rcna148170

Quick Glance: Poll: Election Interest Declines in Tight Biden-Trump Race

The interest of voters in the election has reached the lowest point in two decades at this stage in a presidential race.

The latest national NBC News poll reveals that the number of voters with high interest in the 2024 presidential election has nearly hit the lowest point in almost 20 years, with a majority holding negative views of President Joe Biden and former President Donald Trump.

Inflation and immigration top the list of the country's most pressing issues, with only one-third of voters giving Biden credit for improving economic performance.

The survey also highlights how the low voter interest and the independent candidacy of Robert F. Kennedy Jr. could potentially disrupt what has been a stable presidential contest with over six months until Election Day.

51

Apr 06

Long Shadow of Fed to Fall on ECB After Lagarde’s First Cut: The European Central Bank insists it won’t take any cues from the Federal Reserve as it prepares to ...

bloomberg.com/news/articles/2024-04-04/long-shadow-of-the-fed-shows-limits-of-ecb-talk-of-independence

3

Apr 23

Singapore core inflation eases more than expected to 3.1% in March: Both core and overall inflation dipped from the previous month and came in well below analyst ...

straitstimes.com/business/singapore-core-inflation-eases-more-than-expected-to-31-in-march

26

Apr 12

Biden administration raises costs to drill on public lands: The Interior Department finalized a rule Friday making it more expensive for oil and gas producers to ...

thehill.com/policy/energy-environment/4590251-biden-administation-raises-costs-drill-public-lands/

Quick Glance: Biden Raises Drilling Costs on Federal Lands, Trump Courts Oil Donors

The Biden administration has finalized a new rule requiring oil companies to pay at least ten times more for drilling on federal lands to generate more revenue for taxpayers.

While Trump discusses easing drilling regulations with energy executives, the US is historically pumping a lot of crude oil, complicating regulations for Trump and Biden's climate agenda.

The rule mandates higher bonds and royalties for fossil fuels on federal lands to better compensate taxpayers and cover the costs of cleaning up abandoned wells.

In addition to reshaping fossil fuel production on federal lands, the administration has advanced renewable energy development on these tracts and significantly reduced rents and fees for clean energy projects.

7 similar articles

44

226

NPR

B+

Apr 12

The Forever Stamp is forever rising in price. How does the U.S. cost compare globally?

npr.org/2024/04/12/1244273973/forever-stamp-cost-price-going-up-usps-postage

235

Apr 10

Mortgage rates hit highest level since November after hot inflation report: Mortgage rates jumped to their highest reading since November as the timeline for ...

thehill.com/business/housing/4585910-mortgage-rates-hit-highest-level-since-november-after-hot-inflation-report/

72

Apr 11

European shares dip ahead of ECB policy decision: European shares slipped on Thursday as investors avoided big bets ahead of a monetary policy decision by the ...

reuters.com/markets/europe/european-shares-flat-with-market-focus-ecb-policy-decision-2024-04-11/

35 similar articles

5

4

Insider (news website)

B-

Apr 09

California restaurant will up wages to compete with $20 fast-food pay: "Why wash dishes for $15 or $17 if I can go get $20 flipping burgers at McDonald's ...

businessinsider.com/california-fast-food-20-minimum-wage-restaurant-raise-pay-compete-2024-4

Quick Glance: California eateries adjust wages to meet competition with $20 fast-food pay

A restaurant owner in California plans to raise wages to compete with the $20 per hour pay for fast-food workers.

Legislation is expected to drive up wages in various sectors as they strive to attract and retain employees.

The increased minimum wages worsen the existing challenges faced by independent restaurants in California.

Implementing price changes, cost-cutting strategies, and reduced operating hours could be potential measures to streamline operations.

103

Apr 20

Iran-Israel tensions: Can Iran's economy handle a war?: Iran is suffering from inflation, currency depreciation and the impact of international sanctions ...

dw.com/en/iran-israel-tensions-can-irans-economy-handle-a-war/a-68862368

9

Apr 21

Lagarde: Geopolitical tensions & higher wage growth upside risks : Euro zone inflation is likely to decline further and the European Central Bank may cut ...

wionews.com/videos/lagarde-geopolitical-tensions-higher-wage-growth-upside-risks-713496

4

Apr 19

Debt brake: Bundesbank President supports Christian Lindner: Central bank chief Joachim Nagel speaks out in favor of a strong debt brake - against the urging of ...

wiwo.de/politik/deutschland/steuerentlastungen-auch-in-washington-kann-lindner-der-schuldenbremsen-debatte-nicht-entkommen/29763002.html

13

Apr 16

International Monetary Fund: Germany in last place among industrialized nations (again)

spiegel.de/wirtschaft/unternehmen/internationaler-waehrungsfonds-senkt-erneut-wachstumsprognose-fuer-deutschland-a-49d8a54b-1dbe-4406-a72b-604e1115b2b4

45

Apr 07

ECB Seen Cutting Interest Rates Once a Quarter Starting in June: The European Central Bank will embark in June on a steady-yet-gradual path of interest-rate cuts ...

bloomberg.com/news/articles/2024-04-05/ecb-seen-cutting-interest-rates-once-a-quarter-starting-in-june

55

Apr 20

America’s interest rates are unlikely to fall this year: That will squeeze financial markets and the world economy

economist.com/leaders/2024/04/17/americas-interest-rates-are-unlikely-to-fall-this-year

9

Apr 19

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

2 similar articles

91

565

Richmond Times-Dispatch

B+

Apr 09

What to know about Biden's latest attempt at student loan cancellation: President Biden is taking another shot at student loan cancellation, hoping to deliver on ...

richmond.com/news/nation-world/government-politics/student-loan-cancellation-biden-plan-explained/article_76583957-379d-5485-96a7-79d1316b242b.html

16

Apr 14

Wall St Week Ahead Surging US energy shares reflect robust growth, inflation worries

reuters.com/markets/us/wall-st-week-ahead-surging-us-energy-shares-reflect-robust-growth-inflation-2024-04-12/

74

Apr 21

'Perfect storm' brings €2 per litre fuel back in prospect: €2 per litre fuel prices are firmly back in sight following the recent restoration of excise ...

rte.ie/news/business/2024/0421/1444470-perfect-storm-as-2-per-litre-fuel-back-in-prospect/

27

Apr 11

Why are auto insurance premiums so high? Blame inflation and a few other factors: Wednesday's inflation report showed consumer price growth continues to drift ...

nbcnews.com/business/consumer/auto-insurance-premiums-costs-high-prices-inflation-explainer-rcna147204

142

Apr 08

ECB’s rate cuts can help bond traders – and itself: Christine Lagarde can have first-mover advantage. By lowering borrowing costs in June, ahead of her peers ...

reuters.com/breakingviews/ecbs-rate-cuts-can-help-bond-traders-itself-2024-04-08/

8

Apr 10

US inflation jumps as fuel and housing costs rise: Inflation was 3.5% in March, a sign that cooling has stalled and interest rate cuts may be delayed.

bbc.com/news/business-68781482

67

Apr 12

Euro plunges, eyes parity with dollar after Lagarde’s go-it-alone pledge: The currency weakened as the ECB signals it plans start cutting rates before the Fed.

politico.eu/article/euro-slumped-lowest-level-ebc-president-christine-lagarde-signaling-bank-willing-cut-interest-rates-before-us/

7

Apr 13

Auto insurance premiums are skyrocketing. What's to blame?: Inflation accelerated more than expected in March, and an unsuspecting culprit may be to blame: auto ...

foxbusiness.com/economy/auto-insurance-premiums-are-skyrocketing-whats-blame

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ZDF

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Apr 15

What the key interest rates mean for savers: Inflation is falling - the ECB is heading for a possible first interest rate cut. Consumers could already be feeling ...

zdf.de/nachrichten/wirtschaft/ezb-leitzinsen-banken-sparer-kredite-100.html