More news on this subject
Previous
BREAKING: The United States effectively stopped the United Nations from recognizing a Palestinian state by casting a veto in the Security Council to deny the ...
reut.rs/3U2pduU
Fed May Delay Rate Cuts Until After 2024, Neel Kashkari Says: The Federal Reserve needs to achieve more confidence that inflation is declining before cutting ...
bloomberg.com/news/articles/2024-04-18/kashkari-says-fed-could-potentially-hold-rates-steady-all-year
Peter Murrell charged with embezzlement in SNP finance probe: The husband of Nicola Sturgeon had been re-arrested in connection with the SNP finances ...
bbc.com/news/uk-scotland-68850088
Quick Glance: Police Investigation into SNP Finances: Key Updates
- On Thursday, the re-arrest of Peter Murrell, the husband of Nicola Sturgeon, took place as part of the police investigation into the SNP’s finances.
- Murrell, aged 59, was apprehended and underwent interrogation by detectives.
- The arrest occurred slightly more than a year subsequent to the search conducted by Police Scotland officers at the couple’s residence, where a blue tent was set up outside the property, alongside searches at the SNP’s headquarters in Edinburgh.
- In April 2024, Peter Murrell was charged with 'embezzlement' of funds from the SNP.
Fossils of colossal snake Vasuki unearthed in India mine: Fossil vertebrae unearthed in a lignite mine are the remains of one of the largest snakes that ever ...
reuters.com/science/fossils-colossal-snake-vasuki-unearthed-india-mine-2024-04-18/
Bloomberg Evening Briefing: Blame the Rent for America’s Sticky Inflation: Get caught up.
bloomberg.com/news/newsletters/2024-04-18/bloomberg-evening-briefing-blame-the-rent-for-america-s-sticky-inflation
IMF Urges Asia’s Central Banks to Avoid Closely Tracking Fed: The International Monetary Fund cautioned Asian central banks against prioritizing what they think ...
bloomberg.com/news/articles/2024-04-18/imf-urges-asia-s-central-banks-to-avoid-closely-tracking-fed
US Bond Yields Climb on Interest-Rate Hike Mention by Fed’s Williams: The US bond market’s recovery from the year’s highest yield levels was cut short Thursday ...
bloomberg.com/news/articles/2024-04-18/bonds-stumble-on-mere-mention-of-fed-rate-hike-by-williams
Paid articlePaid
Fed May Not Cut Interest Rates at All This Year, JPMorgan's Daniel Pinto Says
bloomberg.com/news/articles/2024-04-18/relatively-high-chance-of-no-rate-cuts-this-year-jpmorgan-s-pinto-says
Paid articlePaid
Fed's Bostic says he is not in a 'mad dash hurry' on rate cuts: Atlanta Federal Reserve President Raphael Bostic on Thursday said inflation is going to return to ...
reuters.com/markets/us/feds-bostic-says-he-is-not-mad-dash-hurry-rate-cuts-2024-04-18/
US 30-Year Mortgage Rates Surge Past 7%: Mortgage rates in the US climbed past 7% for the first time this year.
bloomberg.com/news/articles/2024-04-18/us-mortgage-rates-surge-to-highest-since-november-hitting-7-1
Paid articlePaid
Fed's Loretta Mester Expects Inflation to Fall Further: Federal Reserve Bank of Cleveland President Loretta Mester said monetary policy is in a good place ...
bloomberg.com/news/articles/2024-04-17/mester-says-fed-can-hold-rates-steady-not-in-a-hurry-to-cut
Mortgage Rates Pass 7% for First Time in 2024: The average 30-year fixed mortgage rate this week was 7.1%, according to Freddie Mac.
barrons.com/articles/mortgage-rates-pass-7-percent-a68234b4
Paid articlePaid
If Rates Stay Higher for Longer, Buy Tech Stocks and Value: Don’t abandon big growth names because Amazon and Alphabet have a lot of cash and little debt ...
barrons.com/articles/rates-higher-tech-stocks-value-c4edead1
Paid articlePaid
Sydney church stabbing: Australian bishop forgives alleged attacker: Bishop Mar Mari Emmanuel also appealed for the community to stay calm after the alleged ...
bbc.com/news/world-australia-68814813
IMF tells Asian central banks not to follow Fed too closely: The International Monetary Fund urged Asian central banks on Thursday to focus on domestic inflation ...
reuters.com/markets/imf-tells-asian-central-banks-not-follow-fed-too-closely-2024-04-18/
Why Is US Inflation Still High? Blame Powell Pivot, Housing Shortage: This was supposed to be the year that US inflation rode the last mile down to 2% ...
bloomberg.com/news/articles/2024-04-17/inflation-s-stubborn-start-to-2024-blamed-partly-on-powell-pivot
Paid articlePaid
IMF Chief Kristalina Georgieva Says World Watching US Interest Rates, Policies: The head of the International Monetary Fund warned the US that the global economy ...
bloomberg.com/news/articles/2024-04-18/imf-boss-says-all-eyes-on-us-amid-risks-to-global-economy
Paid articlePaid
Fed to cut rates in September and maybe once more this year - Reuters poll: The U.S. Federal Reserve will wait until September to cut its key interest rate ...
reuters.com/markets/us/fed-cut-rates-september-maybe-once-more-this-year-2024-04-18/
Fed Rate-Cut Reluctance Will Limit ECB Leeway, Holzmann Says: The European Central Bank’s room for maneuver will be limited if sticky US inflation forces the ...
bloomberg.com/news/articles/2024-04-18/hesitant-fed-will-limit-ecb-leeway-on-rate-cuts-holzmann-says
Leveraged Loans Are Next to Face Higher-for-Longer Rates Stress: The US leveraged loan market, as yet unruffled by the shift to a higher-for-longer view on ...
bloomberg.com/news/articles/2024-04-18/leveraged-loans-are-next-to-face-higher-for-longer-rates-stress
Paid articlePaid
US Junk-Bond Funds Post Biggest Outflow in Over a Year: Funds that invest in US corporate high-yield notes saw the biggest outflow in more than a year as the ...
bloomberg.com/news/articles/2024-04-18/us-junk-bond-funds-post-biggest-outflow-in-over-a-year
Citi (C) Holds Call for 125 Basis Points of Fed Rate-Cuts in 2024: Economists at Citigroup Inc. are going out on a limb by wagering that virtually everyone on ...
bloomberg.com/news/articles/2024-04-17/citigroup-says-wall-street-is-wrong-to-slash-fed-rate-cut-bets
IMF & World Bank Spring Meetings 2024: News, Updates on Economy, Fiscal Policy: International Monetary Fund Managing Director Kristalina Georgieva said that the ...
bloomberg.com/news/articles/2024-04-18/imf-latest-georgieva-says-dollar-strength-has-stoked-concerns
After stalling for months, Ukraine aid heads to vote in House of Representatives: Despite right-wing outcries, Speaker Mike Johnson is pressing to pass billions ...
bbc.com/news/world-us-canada-68840405
US Rent Inflation Looms Over Potential Interest-Rate Cut: Rent increases are taking longer to moderate in the Northeast and Midwest than in the West and South.
bloomberg.com/news/articles/2024-04-18/us-rent-inflation-looms-over-potential-interest-rate-cut
Paid articlePaid
Five Things You Need to Know to Start Your Day: Americas: Good morning. US stocks are calmer after a slide to February lows and the Fed remains in no rush to cut ...
bloomberg.com/news/newsletters/2024-04-18/five-things-you-need-to-know-to-start-your-day-americas
Emerging Markets With Strong Buffers Against US Dollar Shock: As the dollar’s strength roils developing markets, the good news is that many are now well prepared ...
bloomberg.com/news/articles/2024-04-18/emerging-markets-with-strong-buffers-against-us-dollar-shock
Paid articlePaid
BPI’s Bill Nelson Sees Fed Pushing Reserves Below Resistance Point: As the Federal Reserve shrinks its balance sheet, there’s a chance policymakers will keep ...
bloomberg.com/news/articles/2024-04-17/bpi-s-nelson-sees-fed-pushing-reserves-below-resistance-point
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
Paid articlePaid
Wall St turns higher, gold climbs, oil dips amid economic, geopolitical crosswinds
reuters.com/markets/global-markets-wrapup-1-2024-04-18/
Scotland to ditch key climate change target: The Scottish government is to scrap its flagship target of reducing greenhouse gas emissions by 75% by 2030.
bbc.com/news/uk-scotland-68841141
US Economy Has 'Expanded Slightly' Since Late February, Fed Beige Book Says
bloomberg.com/news/articles/2024-04-17/us-economy-expands-slightly-inflation-modest-fed-beige-book
SOFR Futures: Traders Pile Into Contrarian Bet of Aggressive Fed Easing: Traders in the interest-rate futures market are piling into a contrarian bet that would ...
bloomberg.com/news/articles/2024-04-17/traders-pile-into-contrarian-bet-that-fed-will-front-run-cuts
Paid articlePaid
Powell’s US Rates Warning Means Headaches for Rest of the World: Federal Reserve Chair Jerome Powell is making life tougher for his peers around the world as the ...
bloomberg.com/news/articles/2024-04-17/powell-s-us-rates-warning-means-headaches-for-rest-of-the-world
Paid articlePaid
Investor Sentiment: Watching 'Dumb Money' Could Be a Smart Move: Shifting views on economic landings may have thwarted the drop in inflation ...
bloomberg.com/opinion/articles/2024-04-18/investor-sentiment-watching-dumb-money-could-be-a-smart-move
Paid articlePaid
Morning Bid: Recoiling oil and dollar sow calm as tech earnings loom: A look at the day ahead in U.S. and global markets from Mike Dolan
reuters.com/markets/us/global-markets-view-usa-2024-04-18/
Czechs Can’t Afford to Accelerate Interest Rate Cuts: Central Banker: Persistent inflation risks and hawkish signals from the US Federal Reserve are preventing ...
bloomberg.com/news/articles/2024-04-18/czechs-can-t-afford-to-accelerate-rate-cuts-central-banker-says
Paid articlePaid
Fed’s Mester Says Recent Inflation Means Longer Wait for Rate Cuts: Loretta Mester remains optimistic about inflation coming down this year.
barrons.com/articles/federal-reserve-mester-rate-cuts-be93b648
Paid articlePaid
Stop thinking your expensive watch is an investment, says Rolex boss: It's "dangerous" to view luxury watches like they're investments, said Rolex CEO ...
businessinsider.com/rolex-ceo-watches-not-investments-dangerous-wrong-message-dufour-2024-4
Nasdaq, S&P muted as higher bond yields weigh: The benchmark S&P 500 and the Nasdaq were subdued on Thursday as higher Treasury yields pressured equities ...
reuters.com/markets/us/futures-rise-chip-stocks-bounce-back-after-sell-off-2024-04-18/
Fed’s Beige Book Holds Clues to Predicting Downturn, Study Shows: A trove of anecdotes on the economy gathered by the Federal Reserve over five decades may hold ...
bloomberg.com/news/articles/2024-04-17/fed-s-beige-book-holds-clues-to-predicting-downturn-study-shows
Paid articlePaid
US Bank Reserve Balances See Largest Drop Since 2022 Tax Season: The amount of reserves in banking system — a key determinant for the Federal Reserve to continue ...
bloomberg.com/news/articles/2024-04-18/us-bank-reserve-balances-see-largest-drop-since-2022-tax-season
‘Rye Lane’ Star David Jonsson Penning Debut Drama Series ‘Hype’: David Jonsson, star of 'Industry' and 'Rye Lane', is writing drama series ...
deadline.com/2024/04/david-jonsson-writing-drama-series-hype-clerkenwell-films-1235885688/
Firms in Beige Book Fret Over Any Lengthy Baltimore Port Closure: The closure of one of the East Coast’s busiest ports after the collapse of Baltimore’s Francis ...
bloomberg.com/news/articles/2024-04-17/firms-in-beige-book-fret-over-any-lengthy-baltimore-port-closure
Paid articlePaid
Nvidia, Chip Stocks Drop Into Correction as Rate Bets Shift: A gauge of global chip stocks and AI bellwether Nvidia Corp. have fallen together into a technical ...
bloomberg.com/news/articles/2024-04-18/chips-stocks-fall-into-correction-on-rates-china-demand-worries
Paid articlePaid
'As Long As Needed': The Bloomberg Open, Europe Edition: Good morning. Jerome Powell says the Fed can wait as long as needed before cutting rates ...
bloomberg.com/news/newsletters/2024-04-17/-as-long-as-needed-the-bloomberg-open-europe-edition
Paid articlePaid
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
Dollar Power: Fed's Higher-for-Longer Is Turning the Currency Screws: Powell makes clear that the Fed won’t cut soon. The dollar is turning the screws ...
bloomberg.com/opinion/articles/2024-04-17/dollar-power-fed-s-higher-for-longer-is-turning-the-currency-screws
Paid articlePaid
Americans Sick of 0.01% Yields Create New Dilemma on Wall Street: Across JPMorgan Chase & Co.’s broad suite of consumer accounts, one number is just about ...
bloomberg.com/news/articles/2024-04-17/americans-sick-of-0-01-yields-create-new-dilemma-on-wall-street
Where To Find Princely 5% Yields For Your Cash And Take No Risk: The Federal Reserve threw you a curveball with interest rates. Cash is still king as inflation ...
investors.com/etfs-and-funds/personal-finance/interest-rates-how-to-cash-in-on-high-yielding-cash-cds-apys/
Gold (XAUUSD) Holds Near Record as Traders Overlook Delayed Cuts Scenario: Gold held near a record-high, even as as investors weighed a shift in messaging from ...
bloomberg.com/news/articles/2024-04-17/gold-xauusd-holds-near-record-as-traders-overlook-delayed-cuts-scenario
Paid articlePaid
Jeremy Hunt Says Thames Water Customers Shouldn’t Pay for Its Mistakes: Chancellor Jeremy Hunt said consumers in the UK shouldn’t foot the bill for mistakes made ...
bloomberg.com/news/articles/2024-04-17/hunt-says-thames-water-customers-shouldn-t-pay-for-its-mistakes
Paid articlePaid
US Republican Kari Lake tells supporters: 'Strap on a Glock' as election nears: Republican U.S. Senate candidate Kari Lake, an ardent supporter of former ...
reut.rs/43YgqyF
Tech Stocks Slump in Europe as ASML Rattles High-Flying Sector: Technology stocks declined while the broader index treaded water, as ASML Holding NV reported ...
bloomberg.com/news/articles/2024-04-17/tech-stocks-slump-in-europe-as-asml-rattles-high-flying-sector
Paid articlePaid
The Economy Is Humming, Hiring is Up, and Other Beige Book Insights
barrons.com/articles/economy-federal-reserve-beige-book-insights-db3d197b
Paid articlePaid
The number of Americans applying for jobless benefits holds steady as labor market remains strong
bostonglobe.com/2024/04/18/business/number-americans-applying-jobless-benefits-holds-steady-labor-market-remains-strong/
Powell says rate cuts will take ‘longer than expected’ after ‘lack of progress’ on inflation
thehill.com/business/4597924-powell-says-rate-cuts-will-take-longer-than-expected-after-lack-of-progress-on-inflation/
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.
Expert warns: The markets will soon collapse by 30 percent: Expert David Brady predicts 30% market crash, possible Fed intervention and subsequent bull market ...
boerse-online.de/nachrichten/aktien/experte-warnt-die-maerkte-werden-bald-um-30-prozent-einbrechen-20355476.html
Wells Fargo has worn its dunce cap long enough: The problem child of U.S. banking has been sitting on the naughty step for six long years ...
reuters.com/breakingviews/wells-fargo-has-worn-its-dunce-cap-long-enough-2024-04-18/
Fed’s Powell Delivers Rate-Cut Blow, Why the Market Is Already Over It. And 5 Other Things to Know...
on.barrons.com/3xCLpUT
Philippine Peso (PHP USD) Weakens Past Key 57-Per-Dollar Level: The Philippine peso weakened past the closely watched 57-per-dollar level for the first time ...
bloomberg.com/news/articles/2024-04-17/philippine-peso-weakens-past-key-57-per-dollar-level-lv345342
Dollar edges down but still close to 5-1/2 month high, Fed, Middle East in focus
reuters.com/markets/currencies/dollar-steady-yen-fragile-after-fed-comments-dash-rate-cut-bets-2024-04-17/
The U.S. may be entering a new era of persistently high interest rates: With the Fed’s pivot plans now in disarray, it’s 2015 in reverse.
axios.com/2024/04/17/interest-rates-inflation-us-economics
New real estate agency awaits lower mortgage rates: A new Front Street real estate firm is expecting buyers to “appear out of the woodwork” if the Federal ...
royalgazette.com/local-business/business/article/20240417/new-real-estate-agency-awaits-lower-mortgage-rates/
Stock market news today: futures higher on hawkish Fed comments: The S&P 500 and Nasdaq Composite both look set to open higher on Wednesday ...
markets.businessinsider.com/news/stocks/stock-market-news-today-futures-trend-upwards-spx-nasdaq-fed-2024-4
Central Bankers Should Retire the 2% Inflation Target: With the energy shock now a memory, central bankers require more flexible objectives.
bloomberg.com/opinion/articles/2024-04-17/central-bankers-should-retire-the-2-inflation-target
Paid articlePaid
Discover Financial (DFS) Profit Plunges as Compliance Costs Bite: Discover Financial Services, the lender that agreed to be acquired by Capital One Financial ...
bloomberg.com/news/articles/2024-04-17/discover-financial-profit-plunges-68-as-compliance-costs-bite
How Thai, Korean, Malaysian Rate Cut Bets Are Shifting Due to Fed Pivot: Asian central banks’ need for assertive defense of their currencies is driving traders ...
bloomberg.com/news/articles/2024-04-18/slower-fed-pivot-weakens-rate-cut-bets-across-emerging-asia
Wall Street pushes out rate-cut expectations, sees risk they don't start until March 2025
cnbc.com/2024/04/17/wall-street-pushes-out-rate-cut-expectations-sees-risk-of-no-action-until-2025.html
Stock Markets Today: Rates outlook, Jerome Powell, LVMH, Morgan Stanley - Bloomberg
bloomberg.com/news/newsletters/2024-04-17/stock-markets-today-rates-outlook-jerome-powell-lvmh-morgan-stanley
Joe Biden Gets Bad News Right Before Speech: The Fed chair Jerome Powell suggested that borrowing costs may stay higher for longer.
newsweek.com/joe-biden-bad-news-before-speech-1891024
New Zealand Recession Is the Price of an Inflation Stalwart: New Zealand has a special place in the history of monetary policy. Its never-surrender approach to ...
bloomberg.com/opinion/articles/2024-04-16/new-zealand-recession-is-the-price-of-an-inflation-stalwart
Paid articlePaid
Dollar Scholar Asks: When Can Debt Be a Good Thing?: Good debt can help increase net worth or enhance your life, while bad debt does the opposite — but too much ...
money.com/dollar-scholar-good-vs-bad-debt/
Iraq forms committee with US Treasury, Federal Reserve to address banking violations
english.alarabiya.net/News/middle-east/2024/04/18/iraq-forms-committee-with-us-treasury-federal-reserve-to-address-banking-violations
High Inflation: The Reality Check on the Stock Exchanges: The mood on the stock markets has changed: many people had dismissed inflation too early ...
wiwo.de/politik/konjunktur/editorial-inflation-zeit-des-erwachens/29761904.html
Truist Financial: Improving Setup (Rating Upgrade): Truist Financial may benefit from a higher for longer rate environment, leading to higher capital returns for ...
seekingalpha.com/article/4684470-truist-financial-improving-setup-rating-upgrade
Paid articlePaid
Gold shines as Middle East tensions offset easing US rate-cut bets: GOLD prices climbed on Thursday, as risks of a widening Middle East conflict raised ...
thestar.com.my/business/business-news/2024/04/18/gold-shines-as-middle-east-tensions-offset-easing-us-rate-cut-bets
Stock Bull Ed Yardeni Sees `Roaring '20s' While IMF Expects 'Tepid' Decade
bloomberg.com/news/newsletters/2024-04-18/stock-bull-ed-yardeni-sees-roaring-20s-while-imf-expects-tepid-decade
Next
New to NewsWall?
Sign up now to get your own personalized news!
Trending topics