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Apr 25 2024
News
U.S. Fertility Rate Hits Record Low
The U.S. fertility rate hit a new record-low last year, continuing a persistent trend that will have significant consequences for American society.
The total fertility rate dropped to 1.62 births per woman last year, a 2 percent decline from the year before, according to newly released data from the Centers for Disease Control. The figure is below replacement level, meaning Americans
National Review (News)Jan 03 2024
News
What's ahead for the US economy and job growth? A peek at inflation, interest rates, more
The post-COVID-19 economy was finally supposed to stop defying gravity and topple into a recession this year.
Instead, the stock market is roaring on the growing belief that the Federal Reserve is on track to wrestle down inflation without causing a downturn, a rare feat known as a “soft landing.”
To be sure, growth is expected to slow amid the delayed effects of the Fed’s
USA TODAYMar 20 2024
News
Fed leaves rates alone; still foresees 3 rate cuts this year
WASHINGTON — Federal Reserve officials signaled Wednesday that they still expect to cut their key interest rate three times in 2024 despite signs that inflation stayed surprisingly high at the start of the year. Yet they foresee fewer rate cuts in 2025, and they slightly raised their inflation forecasts. After ending their latest meeting, the officials kept their benchmark interest rate
Boston HeraldApr 22 2024
News
Ankeny school district tax rate falls by nearly $1, while city tax rate remains the same
Ankeny property owners could see a drop in the amount of taxes they pay to the school district, which lowered its property tax rate by nearly $1. The Ankeny school board on April 15 approved the district's budget for the upcoming fiscal year, which starts July 1. The budget includes a property tax rate of $16.05 for every $1,000 of a home's value, which is a decrease of 95 cents from last's
Des Moines RegisterSep 21 2023
News
Egypt's central bank keeps key interest rates unchanged
CAIRO, Sept 21 (Reuters) - Egypt's central bank, as widely expected, left its key overnight interest rates unchanged on Thursday, saying both economic growth and core inflation were slowing. The bank kept its lending rate at 20.25% and its deposit rate at 19.25%. The median forecast in a poll of 17 analysts had been for the bank's Monetary Policy Committee (MPC) to leave rates steady. Five
ReutersApr 09 2024
News
The FCA’s Unwise Idea In The Name Of Public Interest
Last month the U.K.'s Financial Conduct Authority (FCA) issued Consultation Paper CP24/2, suggesting a new approach to disclosure of enforcement investigations. This proposal, a notable departure from current practice, would permit the FCA to publicly identify firms and individuals at the initiation of any investigation. This represents a significant policy shift, introducing considerable risk
ForbesNov 02 2023
News
Bank of England Votes to Hold Interest Rate at 5.25 Percent
Many mortgage-holders are yet to experience the impact of the bank’s two-year long cycle of interest rate hikes, paused in September. The official bank base interest rate in the UK has remained at 5.25 percent, following a vote by the Bank of England (BoE). The BoE’s September decision to hold the interest rate broke a spell of 14 consecutive rises in almost two years. With the bank rate
The Epoch TimesNov 02 2023
News
Fed holds steady on interest rates but leaves room for future hikes
The Federal Reserve announced another pause on interest rate hikes during its November meeting on Wednesday, leaving the federal funds rate at a 22-year high of 5.25% to 5.5%. In a statement, the central bank reaffirmed its commitment to bring inflation to a 2% target rate, and it would continue to assess economic indicators to determine if additional rate hikes are warranted. The Fed cited
Fox BusinessNov 02 2023
News
Bank Of England Says Holds Key Interest Rate At 5.25%
The Bank of England on Thursday held its key interest rate at 5.25 percent, a day after the Federal Reserve also froze borrowing costs as global inflation retreats.
The BoE had already kept its rate steady at the central bank's previous monetary policy meeting in September, snapping 14 hikes in a row. It remains, however, at the highest level in more than 15 years.
Barron'sNov 01 2023
News
Fed Holds Interest Rates, No Hike, as Expected - The Florida Capital Star
The Federal Reserve on Wednesday kept its benchmark interest rates, as expected. The Fed held the rate amid a growing economy and labor market and inflation that remains about the central bank’s target. But additional increases also raise concerns about throwing the U.S. economy into a recession. The Fed’s rate-setting group unanimously agreed to hold the key federal funds rate in a target
The Florida Capital Star