The Fed’s Secret Tightening of Monetary Policy
Federal funds rate also rises The Federal Reserve's decision to cut the federal funds rate by 0.5 percentage points More significant increases in long-term rate estimates. of Economic forecast summary In forecasts released last week to coincide with the Fed's rate cut, the median forecast for the longer-term federal funds rate rose to 2.9%, the […]
Lisa Nandy: Tories’ ‘violent indifference’ to the arts damaged access to culture | Arts policy
The Conservative government's “fierce disinterest” in the arts is leaving communities across the country with less access to culture, Lisa Nandy said ahead of the budget review. The Culture Secretary promised to deliver state funding to all communities and expand private charity beyond major cities, and accused her Conservative predecessors of “vandalism”. In an interview […]
‘What Is Her Plan?’: Fox News Host Verbally Jousts With Dem Guest Over Kamala Harris’ Economic Policy
Fox News host Sandra Smith got into a spat with a Democratic strategist on Monday after pressing him for details about Vice President Kamala Harris' economic plan. Harris promised to deliver a speech on economic policy this week at a fundraiser in New York on Sunday, The Associated Press reported. ReportedSmith, who was a guest […]
Biden-Harris Policy of ‘Unlimited Immigration’ Is Deliberate
Mark Krikorian, executive director of the Center for Migration Studies, said President Joe Biden and Vice President Kamala Harris' policy of “unlimited immigration” into the United States was implemented “by design, not incompetence.” At a House Oversight Committee hearing this week, Krikorian made it clear that Biden and Harris' welcoming of millions of immigrants into […]
Climate Policy Has Largely Been Be Poorer for the Climate
On Friday's episode of HBO's “Real Time,” host Bill Maher acknowledged that climate policy over the past 20 years has essentially asked people to lower their standard of living in the name of the environment. “One of the things we've been trying to do in climate policy for the last 20 years is basically tell […]
MSNBC Host Says Trump Poses ‘Threat’ To ‘Democracy,’ Defends Harris’s Lack Of Policy Clarity
MSNBC host Stephanie Ruhle defended Vice President Kamala Harris for not providing detailed answers to policy questions on Friday night, arguing that former President Donald Trump poses a “threat” to democracy. Ms. Harris has avoided detailed policy answers in several interviews since President Joe Biden announced he was not seeking reelection. When New York Times […]
Caterpillar makes policy changes in yet another corporate DEI rollback
Former Levi Strauss senior marketing executive Jennifer Say explains on The Big Money Show why some of America's biggest companies are backsliding on DEI practices. Heavy equipment manufacturer Caterpillar The company is reviewing and making changes to its diversity, equity and inclusion (DEI) policies amid increased scrutiny of DEI efforts at companies across the country. […]
Which path will the Fed take to ease monetary policy?
The Federal Reserve Board A new easing cycle This week, the Federal Reserve Board cut the federal funds rate by half a percentage point at its Federal Open Market Committee meeting. Market participants took the news in stride, as they had expected the Fed to cut rates by that amount, not a quarter of a […]
US to host first AI safety network summit as nations seek alignment on policy
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Bank of Japan keeps benchmark interest rate steady as it treads cautiously on normalizing policy – CNBC
The Japanese flag flies above the Bank of Japan's headquarters building (below) in Tokyo on April 27, 2022. Nogi Kazuhiro | AFP | Getty Images The Bank of Japan kept its policy rate unchanged at about 0.25% – the highest since 2008 – at the end of a two-day meeting on Friday. This decision: Reuters […]