AllSides Balanced Search reveals information and ideas from all sides of the political spectrum so you can get the full picture.
Apr 14 2024
News
UK Is Beating US on Inflation Fight And May Cut Rates Sooner
Britain is starting to rein in inflation at a quicker pace than the US, underscoring a divergence between the two economies that may allow the Bank of England to move sooner on cutting interest rates than the US Federal Reserve. Official figures due out this week in the UK are likely to show that the Consumer Prices Index eased further in March while unemployment picked up as the nation starts
BloombergApr 27 2024
News
Columbus fashion designer rates highly with fans of reality TV show
While other little boys were drawing cars and dinosaurs, Terrence O’Brian Henderson was sketching people wearing clothing styles born from his colorful imagination. “I take it back to almost infancy. It was almost something I couldn’t control – how fascinated I was with how people use the art of uniform and clothing to have a conversation with the world,” said Henderson, a Columbus transplant
The Columbus DispatchApr 10 2024
News
Thai Central Bank Holds Rate, Deepening Rift With Government
Thailand’s central bank left interest rates unchanged, refusing to yield to the demands of Prime Minister Srettha Thavisin to lower borrowing costs and signaling growing differences with the government over approaches to supporting Southeast Asia’s second-largest economy.
The Monetary Policy Committee voted 5-2 to maintain the one-day repurchase rate steady at a decade-high 2.50%, as
BloombergApr 06 2024
News
Top economist says the Fed will not cut rates this year
Ever since the Federal Reserve signaled last fall that it was likely done raising interest rates, Wall Street traders, economists, car buyers, would-be homeowners — pretty much everyone — began obsessing over a single question: When will the Fed start cutting rates? But now, with the U.S. economy showing surprising vigor, a different question has arisen: Will the central bank really cut rates
FortuneApr 11 2024
Analysis
Fed Rate Cuts Are Now a Matter of If, Not Just When
Another firmer-than-anticipated inflation report delivered a meaningful setback Wednesday to the Federal Reserve’s hope that it could buoy prospects of a so-called soft landing by dialing back some of the past year’s interest-rate increases.
Solid hiring and the prospect that inflation might settle out closer to 3% than the Fed’s 2% goal could call into question whether the central bank
Wall Street Journal (News)Apr 25 2024
News
Dow tumbles nearly 700 points as new inflation fears dent hopes of Fed rate cut
Stocks tumbled on Thursday, dragged down by growth stocks after dour quarterly results from Meta Platforms, while signs of persistent inflation dampened hopes of the Federal Reserve cutting interest rates anytime soon. The Dow Jones Industrial Average slid 680 points, or 1.8%, at 37,780. The S&P 500 dropped 1.4%, and the Nasdaq fell 1.7%. Meta plunged 14.7% after the Facebook-parent
New York Post (News)Apr 19 2024
News
Patriots Reportedly Interested in AJ Brown Who Made Big Social Media Change
The New England Patriots have the No. 3 overall pick in the upcoming NFL Draft next week. If they keep the pick, they're widely expected to take a top quarterback, whether it be LSU's Jayden Daniels, UNC's Drake Maye, or even Michigan's J.J. McCarthy. USC's Caleb Williams is as close to a sure thing as it gets to go No. 1 overall to the Chicago Bears. The Patriots, however, could also trade
NewsweekMay 03 2023
News
Fed raises interest rate 0.25 percentage point
The Federal Reserve raised its key interest rate another quarter of a percentage point on Wednesday in its ongoing bid to crush inflation. The Fed's rate-setting body said it would raise its benchmark rate to a range between 5% and 5.25%, the highest level since 2007. The increase is the 10th straight interest-rate hike since last March in what has been the most aggressive rate-hiking regime
CBS News (Online)Apr 10 2024
News
Transatlantic rate rift opening up at midyear: Mike Dolan
LONDON, April 10 (Reuters) - A June jamboree in central banking is being scratched from diaries as markets now suspect the Federal Reserve will drag its heels on a first interest rate cut by then and leave the European Central Bank to go solo. And persistent stability in the transatlantic exchange rate despite that shift in policy thinking may well give the ECB heart to push ahead regardless
Reuters