The problem of sticky inflation resides with housing, Fed’s Goolsbee says

marketplace.org The Bureau of Labor Statistics reported today that the April consumer price index clocked in at 3.4% year over year and rose 0.3% from March, a lower rate than in the…

"Trifecta Of Dovish News... Consistent With Fed Cutting In September": Wall Street Reacts To Weaker CPI Print

zerohedge.com "Trifecta Of Dovish News... Consistent With Fed Cutting In September": Wall Street Reacts To Weaker CPI Print With the CPI report came in on top of expectations on 3 of the…

Speech by Vice Chair Jefferson on communicating about monetary policy

federalreserve.gov Introduction Thank you, Ed, for the kind introduction and for the opportunity to speak.1 You and the organizers of this conference have put together an excellent program on…

Dow Jones, Nasdaq, S&P 500 weekly preview: CPI report, retail earnings in focus By

investing.com concluded its eighth straight day of gains, marking its best week in 2024. The index increased by 125.08 points, or 0.32%, finishing at 39,512.84. Meanwhile, the rose by…

Inflation is “not yet where it needs to be,” Treasury Secretary Yellen says

marketplace.org As the November election draws nearer, U.S. Treasury Secretary Janet Yellen has been making the case for the Biden economy. Over the weekend, Yellen spoke at the East Valley…

Billionaire Barry Sternlicht expects one bank failure per week due to real estate’s ‘fragile’ loans

fortune.com Barry Sternlicht, cofounder, chairman, and CEO of the $115 billion real estate giant Starwood Capital Group, is worried about the more than 4,000 regional and community…

Billionaire real estate investor Barry Sternlicht says he expects at least one bank failure per week due to real estate loans: ‘That’s a fragile animal right…

finance.yahoo.com Barry Sternlicht, cofounder, chairman, and CEO of the $115 billion real estate giant Starwood Capital Group, is worried about the more than 4,000 regional and community…

Morgan Stanley warns about an 'uncertain macro backdrop'

investing.com The US economy continues to send mixed signals, leading to recent swings in both stock and bond markets. In a recent note, Morgan Stanley strategists indicated that the…