WCCO-TV's Jonah Kaplan talks with the Federal Reserve Minneapolis about why the central bank is raising interest rates and how that will affect Americans' bank accounts.
She also pushed back on market views that the Fed will need to cut rates much sooner than central bankers currently expect. "Can I come up with scenarios that would have the Fed cutting rates? Yes. Is it my modal forecast? No." Mester expressed confidence that banking sector woes should ...
he said. If prices keep rising, the Fed could be forced to slam on the brakes much harder by sharply raising interest rates, threatening hiring and growth.
The debate isn’t so much whether the Fed will decrease rates, but whether it will be by a quarter-point or half-point. Assuming that it happens, the cut would represent the first since 2020. Equally important will be Fed Chair Jerome Powell’s comments on the path of interest rates for...
WASHINGTON (MarketWatch) -- It won't matter to the Federal Reserve, but the economic data in the coming week will largely support the Fed's expected decision to cut interest rates. The data are expected to show reduced inflation and a much weaker housing sector. Aside from a few minor ...
But even if the feds eventually renege on that promise — as some Republican legislators say they fear in justifying their opposition to the governor's proposal — the study maintains the state still would be ahead of the game if it expanded Medicaid eligibili- ty but kept a cap on the ...
Regionally, new home sales soared 41.7% in the Northeast and 20.3% in the West, while they declined in the South (-2.1%) and Midwest (-3.3%). Mortgage rates, hovering just below 7%, remain a challenge. However, tight inventory in the resale market has bolstered demand for new homes. ...
Maybe states such as Florida might blow off the feds. Though they had the Old Groper say “If they’ll not help, if these governors won’t help us beat the pandemic, I’ll use my power as president to get them out of the way”. How? By arresting them?By killing them?
The big moral question that confronts us is … do we really use our supplies of lead to shoot a few of those “out of their mind” people scrounging for food … as doing so will help to feed the other cannibals … and by eating meat they will become “more human” again … like us...
The trough real rate on short term rates (e.g. FF-PCE) coming out of recessions has varied, hitting about about 0 in 92 and -2% in 2003 (its hard to draw conclusions before the 90s since for example PCE was still 3+% into 92, above the Feds comfort zone, so disinflation had not...