A former executive for a subsidiary of candymaker Mars Inc. pleaded guilty Thursday to fraud and tax charges in connection with his theft of $28 million from the company, federal prosecutors said.| Boston Herald
U.S. producer prices fell unexpectedly last month, dropping 0.1% from July.| Boston Herald
The zero lower bound is the concept that the federal funds rate would not be cut below zero percent. This lower bound constraint can limit the effectiveness of monetary policy when rates are at or near the zero lower bound, especially during recessions. In our Economic Letter, The Zero Lower Bound Remains a Medium-Term Risk, […]| San Francisco Fed
U.S. consumer confidence dipped in August as concerns over the labor market, high prices, and tariffs continued to shape Americans’ economic outlook The Conference Board reported Tuesday that its consumer confidence index fell to 97.4 in August, down from 98.7 in July. While the decline was modest and aligned with economists’ expectations, the index has […]| ASBN Small Business Network
Latest 0.25 point hike marks 12th rise in a row as Bank battles stubbornly high inflation| the Guardian
Editor’s note: This is part four of a series on the Rural STEP program and the ongoing conundrum of rural depopulation. Read part one, part two and part three. It’s 1984. The trial of an 18-year-old farm boy from Minnesota makes the pages of the New York Times. Steven Todd Jenkins is accused of working The post In the shadow of the ’80s appeared first on Manitoba Co-operator.| Manitoba Co-operatorFeatures & Farming Articles - Manitoba Co-operator
The number of contract signings dropped this July, per the National Association of Realtors® (NAR). NAR found that nationally, pending| RISMedia
Learn how to buy a home in Southern California despite high mortgage rates. Explore smart financing strategies, buyer tips, and expert advice.| Berkshire Hathaway HomeServices California Properties
UBS chief economist George Tharenou said public sector wages had more than doubled since 2008-09, keeping upward pressure on interest rates.| Australian Financial Review
Risk to market confidence if regional Fed banks are politicized too: Scotia The post Loss of Fed independence could spread appeared first on Investment Executive.| Investment Executive
President Trump has made no secret of his dislike for Federal Reserve Chair Jerome Powell, repeatedly using sharp, disparaging nicknames such as “Mr. Too Late,” “Numbskull,” and “Knucklehead,” and even branding him “grossly incompetent.” His irritation stems from the Fed’s refusal to heed his calls for US interest rates to be cut to euro-area levels. Yet Trump overlooks a crucial point: US rates have long been higher than those in the euro area because of fundamentally diffe...| Rangvid’s Blog
Minutes show central bank considering delayed effect of rate cuts| Policy | Advisor.ca
"Thanks to this disinflationary process ... the time is thus ripe in June to ease the monetary policy stance and start cutting rates," the ECB's Olli Rehn said.| CNBC
This week, the Federal Open Market Committee (FOMC) voted 9-2 to hold rates steady. Two Trump-appointed Fed governors, Michelle Bowman and Christopher Waller, voted against the decision, marking the first FOMC meeting since 1993 in which more than one board governor dissented from the majority. The Fed’s Decision Implications for CRE Looking Ahead Chair Powell […]| The Real Estate Roundtable
The Fed should be replaced by free markets, not unbridled presidential power.| Reason.com
The producer price index was expected to show a 0.2% increase for July, according to the Dow Jones consensus estimate.| CNBC
The U.S. Treasury Department announced a new interest rate for Series I bonds, as they do every May and November. The base rate is slightly lower, but a higher inflation-indexed rate of 1.43% means that your Series I Bonds purchased will earn more than they have been until the rate gets reset in November.| Unsolicited Advice from Tiffany B. Brown
Rate cut unlikely next week, but Bank of Canada could still ease this year| Advisor.ca
The rate for a 30-year fixed-rate mortgage was 6.72% this week, down from last week when it was 6.74%, according| ABA Banking Journal
The Fed kept interest rates unchanged for the fifth time this year, resisting Trump’s calls for a cut as inflation and internal dissent shape policy.| Long Island Business News
The Federal Reserve voted to hold its benchmark interest rate steady for the fifth time this year, keeping it in the range of 4.25% to 4.50%.| CBT News
The rate for a 30-year fixed-rate mortgage was 6.74% this week, down from last week when it was 6.75%, according| ABA Banking Journal
Australians are splurging more by shopping online but some remain wary of being stung by interest rate speculation.| SmartCompany
Most business owners are feeling less pessimistic about a potential recession than earlier this year, but still say they're feeling 'subdued.'| Global News
The rate for a 30-year fixed-rate mortgage was 6.75% this week, up from last week when it was 6.72%, according| ABA Banking Journal
The housing market is in flux, but that isn't inherently a bad thing. See how the headlines you see today may actually be opportunities.| The Hard Money Co.
We now expect growth to slow to 1.1% this year, inflation to rise above 3% and a 4.4% unemployment rate.| The Real Economy Blog
We expect the 10-year yield to remain in a range between 4% and 4.5% amid of elevated volatility and now expect it to finish the year near 4.35% with risk of a lower rate.| The Real Economy Blog
Trump pressures Fed Chair Powell to cut interest rates or resign, citing costly HQ renovation plans as scrutiny grows over the central bank’s independence.| Finance & Commerce
Australians could receive their first back-to-back interest rate cuts in more than five years, with the Reserve Bank expected to lower rates.| SmartCompany
The housing market experienced historically low levels of inventory along with rapid price growth in the two years following the onset of the pandemic. Analysis of national and county-level housing data suggests this price surge was fueled by heightened demand rather than low supply. The inflow of new listings remained at pre-pandemic levels, but the outflow due to sales was unusually high, which fed into the low inventory. By mid-2022, rising mortgage rates moderated demand, allowing invento...| Federal Reserve Bank of San Francisco
A practical guide for UK SMEs to navigate rising interest rates and economic shifts with confidence, featuring strategic insights and real-world solutions.| Nucleus
Economists say that while pockets of economic uncertainty persist, consumer confidence has rebounded from its spring dip; steady mortgage rates| RISMedia
Savers are missing out on bank interest because of misconceptions, with almost a third believing it isn’t worth moving accounts.| Your Money
The May CPI report is ratcheting up pressure on Jerome Powell and the Federal Reserve to cut interest rates. In other words, the perception that the inflation problem is solved is raising the specter of more inflation.| Headline USA
Current account holders are missing out on interest because they're not moving their spare money into higher-paying savings accounts.| Your Money
Famous Danish author Hans Christian Andersen told a renowned fairy tale of an emperor who was conned into believing he is wearing an invisible suit. The crowd was too embarrassed to acknowledge his nakedness, so they pretend to not notice – until a young boy shouted, “The emperor has no clothes!” Much like the fairy […]| Investing Caffeine
Remember Liberation Day – the day reciprocal tariffs were announced? For those of us strapped daily into the financial market seat, it has felt like an endless rollercoaster ride since that eventfu…| Investing Caffeine
Before diving into today’s topic on how President Trump’s policies are undermining trust in the US as a credible borrower, let me start with some good news—especially for those who understand Danish. My new book, How Low Interest Rates Change the World, will soon be published in Danish! Even better, the Danish version will be priced far more accessibly—likely just 25–30% of the price of the global version. And there’s more: I’ll be adding a couple of new chapters exploring the s...| Rangvid’s Blog
High Court reaffirms that surcharge interest rates that are 'extravagant and unconscionable' and not commercially justifiable are not legally enforceable.| WILLIAM FRY
Housing prices surged as housing inventories dropped to historically low levels in the first two years following the onset of the pandemic. In our Economic| Federal Reserve Bank of San Francisco
The rate for a 30-year fixed-rate mortgage was 6.83% this week, up from last week when it averaged 6.62%, according| ABA Banking Journal
The Federal Reserve in a closely watched decision Wednesday held the line on benchmark interest rates though still indicated that reductions are likely later in the year.| CNBC
Investor mood or sentiment can change rather quickly. Immediately after the 2024 presidential elections, positive animal spirits catapulted the stock market higher due to hopes of stimulating tax c…| Investing Caffeine
The first part of my new book, How Low Interest Rates Change the World, examines the unprecedented decline in interest rates from 1980 to 2020, placing it within a historical context. I highlight how this period marked the most significant 40-year decline in nominal interest rates over the past seven centuries—driven by reductions in both […]| Rangvid’s Blog
My new book is out! In the book, How Low Interest Rates Change the World, I argue that forty years of declining interest rates from 1980 to 2020 fundamentally reshaped the world, and I speculate on what may lie ahead.| Rangvid’s Blog
(I write a monthlyish opinion piece for Barron’s. This one was published there in September. My previous pieces are here.) A lingering puzzle about inflation is why the public still seems so unhappy about it, even though it has, by conventional measures, returned to normal. One explanation is that people are simply confused, or misled by the media. But … Continue reading At Barron’s: The Cost of Living and the Cost of Money| J. W. Mason
Stocks have been in a multi-year bull market, but just as investors cannot earn positive returns every month, golfers also cannot achieve a hole-in-one or birdie on every hole, either. A challenging performance is exactly what happened last month when stocks recorded a bogey on the scorecard. More specifically, this is how far out-of-bounds the […]| Investing Caffeine
We were honored to have our white paper on the cryptocurrency market published by the California Business Journal last month. Please enjoy the article below. Newly inaugurated President Donald Trum…| Investing Caffeine
The Federal Reserve holds interest rates steady as concerns about President Trump's policy changes and inflation persist.| CBT News
It was an interesting year for interest rates in the United States, one in which we got more evidence on the limited power that central banks have to alter the trajectory of market interest rates. We started 2024 with the consensus wisdom that rates would drop during the year, driven by expectations of rate cuts from the Fed. The Fed did keep its end of the bargain, cutting the Fed Funds rate three times during the course of 2024, but the bond markets did not stick with the script, and market...| Musings on Markets
2023 was another year where many Canadians have been spending more money on their day-to-day expenses. Groceries, gas, dining out, airfare, accommodation,| Tawcan
You have so many options for finding the best mortgage rate for you. Here’s how you can compare some of the best fixed rates available.| MoneySense
2024 witnessed soaring stock markets, falling but persistent inflation, easing of monetary policy, and large fiscal deficits and an awakening of bond vigilantes in some countries. In this review of the past year, I reflect on five key lessons we learned in 2024 about economic and financial trends in the US and Europe.| Rangvid’s Blog
Where are mortgage rates now? Check out our weekly interest rate update to track the latest market rates.| journal.firsttuesday.us
The U.S. Treasury Department announced a new interest rate for Series I bonds, as they do every May and November. A lower fixed rate, and a lower inflation-indexed rate means a lower yield for savings bonds purchased over the next six months.| Unsolicited Advice from Tiffany B. Brown
The Federal Open Market Committee announced today that it would lower the target range for the federal funds rate by| ABA Banking Journal
The Federal Reserve cut the rate by a quarter of a percentage point, which was in line with economist expectations.| Virginia Mercury
Investing in bonds offers a valuable opportunity to diversify your portfolio and generate a steady income stream. This guide is designed to equip beginners with essential strategies and analyses to navigate the bond market effectively. Understanding Bonds Before diving into investment strategies, it’s crucial to grasp the fundamentals of bonds. A bond is essentially a … Continue reading "Beginner’s Guide to Investing in Bonds: Strategies and Analysis" The post Beginner’s Guide to Inve...| Disfold Blog
This week we’ve had some major announcements relating to UK inflation and interest rates, both of which could have an impact on the property investment outlook. Today, the Bank of England announced that it would be holding its base rate once more at 5.25%, where it has remained since August 2023. Just yesterday, the Office... Read more »| BuyAssociation Group
The rate for a 30-year fixed-rate mortgage averaged 6.44% this week, up from last week when it averaged 6.32%, according| ABA Banking Journal
Birmingham, AL home appraiser Tom Horn discusses possible reasons why a house listing may not sell even with lower interest rates.| Birmingham Appraisal Blog
In a widely anticipated move, the Bank of Canada (BoC) has announced another quarter-point decrease to its policy interest rate, bringing it down to 4.25%. This marks the third consecutive meeting to culminate in a quarter-point cut.“In Canada, the economy grew by 2.1% in the second quarter, led by ...| STOREYS
The US may split into parts based on political philosophy. The area with adequate energy supplies relative to population may fare better than elsewhere.| Our Finite World
It looks like a big margin call started in Japan. The Japanese Yen has become a funding currency in recent years, a source of cheap financing with the proceeds reinvested in better returning assets – such as US$ listed AI stocks. Debtors benefit when the currency in which they’ve borrowed depreciates. The Yen offered low borrowing costs and a lower value – until it didn’t.| Catalyst Insights
The unemployment rate climbed to 4.3% in July, up 0.2% from June, the Friday employment report from the Bureau of Labor Statistics shows, alarming some economists who believe the Federal Reserve has waited too long to cut interest rates.| North Dakota Monitor
Markets are pricing in an aggressive path for interest rate cuts starting in September.| CNBC
Federal Reserve officials held short-term interest rates steady, but indicated that inflation is getting closer to its 2% target.| CNBC
As the jobless level has ticked up in recent months, the "Sahm Rule" has generated increasing talk on Wall Street.| CNBC
Chicago Federal Reserve President Austan Goolsbee spoke Monday morning on CNBC's "Squawk Box."| CNBC
Labour, with an eye on the next election, wants voters to hear that the public finances are worse than they thought — so blame the Tories for higher taxes.| POLITICO
THE VARIABLE GEOMETRY OF MONEY Measured as a system which supplies physical products and services to society, the global economy was 29% larger in 2023 than it had been in 2003. By contrast, best e…| Surplus Energy Economics
The rate for a 30-year fixed-rate mortgage averaged 6.77% this week, down from last week when it averaged 6.89%. A| ABA Banking Journal
The rate of capital appreciation often fluctuates throughout the course of a property investment, and interest rates can have an impact.| BuyAssociation Group
Find the best GIC rates in Canada. Plus, everything you need to know about how they work.| MoneySense
The US stock market has grown much faster than the US economy since the early 1980s. The total value of US corporate equities is now 280% of US GDP, up from 50% in the early 1980s. A key reason for this is the decline in interest rates over the same period. While interest rates have risen since 2022, they still cannot fall as much in the future, and therefore cannot support stocks as much, as they have over the past forty years. Expect low future returns from stocks.| Rangvid’s Blog
In the last year or so, I have received many emails from readers asking if we are investing in GICs. With the interest rates at the highest level in the last| Tawcan
The Federal Reserve on Wednesday held its key interest rate steady for the third straight time and set the table for multiple cuts to come in 2024 and beyond.| CNBC
Average card APR climbs again as more lenders adjust to Fed's half-point rate hike.| CreditCards.com
A blog about markets, finance and all things money related.| aswathdamodaran.blogspot.com
There is a black hole, we are told. A yawning one, that needs to be filled in, oooh, around 10 days from now, or we face some unmentionable doom. Fortunately, after a brief flirtation with Rule by …| Freethinking Economist
