Jerome Powell’s Federal Reserve is stuck in a self-defeating paradox that makes cutting rates more difficult, economist warns The Federal Reserve has talked financial markets into creating an easier environment, which paradoxically makes lowering rates a more difficult task for the central bank, a top economist said. The Bloomberg US Financial Conditions Index indicates that the availability and cost of credit across money, 06/1/2024 - 10:55 am | View Link
Inflation Remains Steady, With Signs of Further Cooling The Personal Consumption Expenditures price index rose 2.7 percent from a year earlier, the same level as in March. After stripping out volatile food and fuel prices for a clearer reading of price trends — called the core index — inflation remained steady at 2.8 percent on an annual basis. 05/31/2024 - 4:11 am | View Link
The Fed The FOMC holds eight regularly scheduled meetings during the year and other meetings as needed. Links to policy statements and minutes are in the calendars below. The minutes of regularly scheduled meetings are released three weeks after the date of the policy decision. Committee membership changes at the first regularly scheduled meeting of ... 05/30/2024 - 12:29 am | View Link
Federal Reserve Board Monetary policy in the United States comprises the Federal Reserve's actions and communications to promote maximum employment, stable prices, and moderate long-term interest rates--the economic goals the Congress has instructed the Federal Reserve to pursue. 05/29/2024 - 8:26 pm | View Link
Federal Reserve System: What It Is and How It Works The Federal Reserve System is the central banking system of the United States. The Fed uses the system and the tools it has to set interest rates and regulate the money supply to accomplish... 05/29/2024 - 12:55 pm | View Link
Federal Reserve News What Happened Today at the Fed Meeting Federal Reserve News. What Happened Today at the Fed Meeting. The Federal Reserve raised interest rates by a quarter of a point, its 10th straight increase, as inflation remains stubbornly... 05/29/2024 - 6:36 am | View Link
Federal Reserve Board The Federal Reserve conducts the nation’s monetary policy to promote maximum employment, stable prices, and moderate long-term interest rates in the U.S. economy; promotes the stability of the financial system and seeks to minimize and contain systemic risks through active monitoring and engagement in the U.S. and abroad; 05/29/2024 - 1:06 am | View Link
Although the CRISPR-AI combination is still in its infancy, once it matures it is likely to be highly beneficial and could even help the world tackle climate change.
During her chemistry Nobel Prize lecture in 2018, Frances Arnold said, “Today we can for all practical purposes read, write, and edit any sequence of DNA, but we cannot compose it.” That isn’t true anymore.
Biden’s Chinese tariffs could hamper e-bike sales in the U. S.—but an even bigger threat looms when a tariff exclusion expires on June 14.
In May, the Biden administration slapped new tariffs on a range of Chinese goods, including a 100% levy on electric vehicles. Though few Chinese EVs are sold in the U.
NASA cited a number of risks as to why SpaceX wouldn’t be allowed to visit the 34-year-old telescope.
Hubble has seen better days—and with NASA formally rejecting SpaceX’s commercial repair offer, that’s unlikely to change.
Data suggests the March headline numbers—which pointed to a very robust job market—may have been deceptively sunny.
As the saying goes, “There are lies, damned lies, and statistics.”
The textile-to-textile recycling company was bought by a Swedish investment firm and has been renamed Circulose.
When textile recycling company Renewcell opened its commercial factory in 2022, it was a landmark moment for circularity and sustainable fashion. That facility, housed in a paper mill in Sweden, was the first industrial-scale textile-to-textile recycling plant in the world.
Given growing access to data and advancements with AI, providers should be able to predict which patients will fare better on a specific weight loss drug.
Originally developed to treat diabetes, GLP-1 agonists—now also popularly known as obesity drugs—have been making headlines for their weight-loss effects. Now, the commercial success of these GLP-1s such as Ozempic, Wegovy, Mounjaro, and Zepbound has unlocked a flurry of new research into how this blockbuster drug class may support more treatments beyond just diabetes and weight loss.