Why the Fed keeping rates higher for longer may not be such a bad thing
It's a tough case to sell that higher interest rates today are having a substantially negative impact on the course of the economy.
It's a tough case to sell that higher interest rates today are having a substantially negative impact on the course of the economy.
For five of the past six weeks, the level of initial jobless filings totaled exactly 212,000.
The Washington DC-based institute this week nudged its global growth outlook slightly higher to 3.2% in 2024.
High corporate valuations could pose a significant risk to financial stability as market optimism becomes untethered from fundamentals, the IMF said Tuesday.
Economists polled by Reuters expected a reading of 3.1%, down from 3.4% in February.
The IMF on Tuesday raised its global growth forecast slightly, saying the economy had proven "surprisingly resilient" despite inflationary pressures.
Altaf Kassam told CNBC that classic monetary policy mechanisms had "broken."
The early data is in for the path of inflation during the first three months of 2024, and the news so far is not good.