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Profile picture of The Atlantic
The 3.5 Percent Inflation Plateau: Prices have been rising faster than expected for the past three months. What’s going on?
theatlantic.com/ideas/archive/2024/04/inflation-above-fed-target/678174/
The 3.5 Percent Inflation Plateau
Profile picture of The Wall Street Journal
Trump Allies Draw Up Plans to Blunt Fed’s Independence: Some former Trump administration officials argue that the president could help set interest rates and ...
on.wsj.com/3WdJfFi
Trump Allies Draw Up Plans to Blunt Fed’s Independence
Profile picture of Insider (news website)
Fed rates outlook: June cut on deck as job market weakens: Hiring activity could see a substantial slowdown later in the year, Citi economist Veronica Clark said ...
businessinsider.com/fed-rate-cuts-outlook-june-job-market-unemployment-economy-recession-2024-4
Fed rates outlook: June cut on deck as job market weakens
Profile picture of Axios (website)
U.S. economy grew at 1.6% annualized rate in first quarter: By comparison, GDP increased at 3.4% annual rate in the fourth quarter of 2023.
axios.com/2024/04/25/us-economy-gdp-report-q1-2024
U.S. economy grew at 1.6% annualized rate in first quarter
Profile picture of Bloomberg
Inflation Past Keeps Markets Guessing on What's Next: Traders were spooked as first-quarter core inflation came in worse than expected ...
bloomberg.com/opinion/articles/2024-04-25/inflation-past-keeps-markets-guessing-on-what-s-next
Inflation Past Keeps Markets Guessing on What's Next
Profile picture of Reuters
Wall St loses over 1% amid fading rate-cut hopes: Wall Street stocks closed lower on Thursday as markets were stunned by data showing slower-than-expected U.S ...
reuters.com/markets/us/futures-falter-meta-platforms-weighs-megacaps-2024-04-25/
Wall St loses over 1% amid fading rate-cut hopes
Profile picture of Newsweek
Homeowners Get Good News Over Mortgage Rates: Mortgage rates are likely to come down to 6 percent by next year, Moody's Ratings experts predict.
newsweek.com/homeowners-good-news-mortgage-rates-1893775
Homeowners Get Good News Over Mortgage Rates
Profile picture of Reuters
Confounding US economic, inflation data cloud Fed's rate path: The Federal Reserve's latest financial stability report was good news for anyone worried that a ...
reuters.com/markets/us/confounding-us-economic-inflation-data-muddy-feds-rate-path-2024-04-25/
Confounding US economic, inflation data cloud Fed's rate path
Profile picture of Fox Business
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
Mortgage demand falls again as interest rates soar past 7%
Profile picture of Frankfurter Allgemeine Zeitung
Building interest rates are rising again: How expensive will it be to build a house?
faz.net/aktuell/finanzen/bauzinsen-steigen-wieder-wie-teuer-wird-der-hausbau-19677969.html
Building interest rates are rising again: How expensive will it be to ...
Profile picture of Bloomberg
Indonesia Rates: Risky Bid for Monetary Leadership Against the Dollar: A shock rate hike is all about the local currency, not the economy. Other Asian countries ...
bloomberg.com/opinion/articles/2024-04-25/indonesia-rates-risky-bid-for-monetary-leadership-against-the-dollar
Indonesia Rates: Risky Bid for Monetary Leadership Against the Dollar
Profile picture of Reuters
Slow, but solid US economic growth anticipated in Q1; inflation likely heats up: U.S. economic growth likely slowed to a still-solid pace in the first quarter ...
reut.rs/3WeBxe5
Slow, but solid US economic growth anticipated in Q1; inflation likely ...
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Gold Continues to Boom. The Major Buyer: Central Bankers: Central banks have long been supporting players in the demand for gold. But the sanction on dollar ...
barrons.com/articles/gold-central-banks-china-treasuries-federal-reserve-emerging-markets-948ed914
Gold Continues to Boom. The Major Buyer: Central Bankers
Profile picture of Reuters
Gold little changed as spotlight shifts to US data: Gold prices steadied on Wednesday as risk premiums over tensions in the Middle East eased ...
reuters.com/markets/commodities/gold-prices-rangebound-traders-focus-us-economic-data-2024-04-24/
Gold little changed as spotlight shifts to US data
Profile picture of Bloomberg
JPY/USD: Why the Yen Is So Weak and What That Means for Japan: The yen continues to languish near a 34-year low against the dollar, mainly because interest rates ...
bloomberg.com/news/articles/2024-03-21/why-the-yen-is-so-weak-and-what-that-means-for-japan-quicktake
JPY/USD: Why the Yen Is So Weak and What That Means for Japan
Quick Glance: Why the Yen is Weak and Its Impact on Japan
  • The yen remains near its historic low against the dollar due to lower interest rates in Japan compared to the US and elsewhere, diminishing the currency's allure.

  • The BOJ raised interest rates for the first time in 17 years, affecting the Japanese economy, businesses, and consumers positively and negatively.

  • A weak yen benefits large Japanese companies with global operations but burdens consumers with more expensive imports of energy and food.

  • Investors and economists are divided on the BOJ's future rate hikes, while the government may intervene to support the currency.
Profile picture of CNBC
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
Why the Fed keeping rates higher for longer may not be such a bad thing
Profile picture of American Banker
Climate change, stifled mergers and other challenges facing banks and investors: Institutions and their investors are facing pressure from climate activists ...
americanbanker.com/news/climate-change-stifled-mergers-and-other-challenges-facing-banks-and-investors
Climate change, stifled mergers and other challenges facing banks and ...
Profile picture of Bloomberg
A Strong Economy Doesn’t Necessarily Make the Fed’s Job Harder: The past year has shown that it is possible to have a rapid decrease in inflation along with low ...
trib.al/Ta728iH
A Strong Economy Doesn’t Necessarily Make the Fed’s Job Harder
Profile picture of American Banker
Will the Fed cut rates this year?: Recent economic data have shown inflation stubbornly above the Fed's 2% target, putting rate cuts in jeopardy ...
bondbuyer.com/leaders/will-the-federal-reserve-cut-rates-this-year
Will the Fed cut rates this year?
Profile picture of American Banker
The Fed's manipulation of debit card interchange fees must stop: The Federal Reserve's new proposal to lower the cap on debit card fees will drive up the prices ...
americanbanker.com/opinion/the-feds-manipulation-of-debit-card-interchange-fees-must-stop
The Fed's manipulation of debit card interchange fees must stop
Profile picture of Bloomberg
JPY/USD: Why the Yen Is So Weak and What That Means for Japan: The yen continues to languish near a 34-year low against the dollar, mainly because interest rates ...
bloomberg.com/news/articles/2024-03-21/why-the-yen-is-so-weak-and-what-that-means-for-japan-quicktake
JPY/USD: Why the Yen Is So Weak and What That Means for Japan
Profile picture of Bloomberg
StanChart Tells Clients Craving Oil, Copper to Beware Inflation: Some Standard Chartered Plc clients are increasingly favoring tangible assets like copper and ...
bloomberg.com/news/articles/2024-04-24/stanchart-tells-clients-craving-oil-copper-to-beware-inflation
StanChart Tells Clients Craving Oil, Copper to Beware Inflation
Profile picture of Bloomberg
Bank Indonesia Surprises With Rate Hike, Expects Rupiah Gain: Bank Indonesia defied expectations and raised its benchmark interest rate to a record high to help ...
bloomberg.com/news/articles/2024-04-24/indonesia-raises-key-rate-to-lift-rupiah-from-pandemic-era-lows
Bank Indonesia Surprises With Rate Hike, Expects Rupiah Gain
Profile picture of Mail & Guardian
Disinflation uncertainty could push interest rate cuts to 2025: The US Federal Reserve’s ‘higher for longer’ stance and local election jitters have weighed on ...
mg.co.za/business/2024-04-23-disinflation-uncertainty-could-push-interest-rate-cuts-to-2025/
Disinflation uncertainty could push interest rate cuts to 2025
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Timber Prices Plunge Hugely: Global Lumber Prices Drop 20%: Lumber prices on the world market fall by 20 percent in just 4 weeks. This means that lumber costs ...
agrarheute.com/energie/holz/holzpreise-stuerzen-gewaltig-ab-globale-bauholzpreise-fallen-um-20-619465
Timber Prices Plunge Hugely: Global Lumber Prices Drop 20%
Profile picture of The Oregonian
The Sports Bra announces plans to franchise with investment from Reddit co-founder Alexis Ohanian
oregonlive.com/sports/2024/04/the-sports-bra-announces-plans-to-franchise-with-investment-from-alexis-ohanian.html
The Sports Bra announces plans to franchise with investment from Reddit ...
Quick Glance: The Sports Bra Announces Franchising Plans with Investment from Reddit Co-Founder Alexis Ohanian
  • The Sports Bra, a now-iconic Portland destination that made history as the first women’s sports bar in the world, has announced plans to franchise and expand into other cities.

  • Investment from Reddit co-founder Alexis Ohanian - the husband of tennis legend Serena Williams - will fund the effort in partnership with Ohanian’s 776 Foundation. All returns from the investment will be invested back into girls’ and women’s sports via the foundation, the Sports Bra wrote in a post on Instagram.

  • Owner Jenny Nguyen opened The Sports Bra in Portland in 2022, and the business thrived in a city and state that has consistently showcased strong support for women’s sports.

  • But the growing hype around women’s sports is not unique to Portland. The popularity of women’s professional sports has seen a significant national uptick thanks, in part, to the emerging stardom of athletes like Sophia Smith, Caitlin Clark and others.
Profile picture of Fox Business
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
Stock market sell-off has 'further to go,' JPMorgan warns