How to Invest in Slowed Growth as Fed Signals Half Point Increase
Federal Reserve Chairman Jerome Powell has indicated that the central bank will be increasing interest rates by half a percentage point in May.
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Federal Reserve Chairman Jerome Powell has indicated that the central bank will be increasing interest rates by half a percentage point in May.
Inflation came in hot yet again in another record, rising to 8.5%, the fastest gain in 40 years, and while stocks initially rallied, they have since fallen.
As first reported YESTERDAY (NET NEWS, 4/12), JON MANLEY has exited APD/MD/afternoons at CUMULUS Alternative WKQX/CHICAGO. MANLEY spent nearly three years at WKQX. He previously was APD/MD/afternoons at then-ENTERCOM Alternative KNDD (107.7 THE END)/SEATTLE for five years.MANLEY said, “Growing up as a kid I listened to WKQX from my bedroom, and during the pandemic I got to program WKQX from my bedroom. I can't think of a better way to end one chapter in my career and start ...
The Federal Reserve raised interest rates 0.25% at the March meeting while laying out the expectation of six more rate increases.
Skyrocketing oil, wheat, and other commodity prices driven higher by Russia’s invasion of Ukraine may have markets anticipating longer-term, high inflation.