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44 hours ago

FOMC Preview: No Change to Fed Funds Rate

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a story from Calculated Risk › Calculated Risk

Most analysts expect no change to FOMC policy at the meeting this week, keeping the target range at 4 1/4 to 4 1/2 percent.    Market participants currently expect the FOMC to also be on hold at the …

3 days ago

4 days ago

Fed's Flow of Funds: Household Net Worth Decreased $1.6 Trillion in Q1

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a story from Calculated Risk › Calculated Risk

The Federal Reserve released the Q4 2024 Flow of Funds report today: Financial Accounts of the United States.
The net worth of households and nonprofits fell to $169.3 trillion during the first quar…

5 days ago

Reeves pours cold water on Nato demands for more defence spending making clear it WON'T go over 2.5% of GDP before 2029 and hinting 3% will be the limit in the next Parliament

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a story from The Daily Mail 💩 › The Daily Mail

Chancellor Rachel Reeves stressed that Labour had only committed to hitting 2.5 per cent of GDP in the current Parliament.

UK yet to commit to Nato plan for rise in defence spending to 3.5% of GDP

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a story from The Guardian ⚠️ › International

Nato chief Mark Rutte wants members to agree to plan at summit later this month but UK remains cautious

Britain has still not committed to agreeing an increase in defence spending to 3.5% of GDP by th…

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