What the Federal Reserve’s next move means for the rates you pay

The Federal Reserve announced Wednesday it will leave interest rates unchanged, setting the stage for rate cuts to come and paving the way for relief from the combination of higher rates and inflation that have hit consumers particularly hard.  Although Fed officials indicated as many as three cuts coming this year, the pace that they trim interest … Read more

Why Is 2 Percent The Federal Reserve’s Magic Number For Inflation?

Transcript Santul Nerkar: Inflation in America is high. You’ve probably noticed when you’ve gone to the grocery store or gas station. But ordinary Americans aren’t the only ones unhappy with our current 6 percent inflation rate. The Federal Reserve isn’t thrilled, either. The number that the Fed would like to see — its target inflation … Read more

Australian Gas Developer Adds Reserves and Exploration Potential

December 8, 2023 (Investorideas.com Newswire) Recently, ADX Energy Ltd. announced updates on increased reserves, new exploration prospects, and near-term drilling catalysts, noted Stephane Foucaud in an Auctus Advisors research note. ADX Energy Ltd. (ADX:ASX) provided updates on increased reserves, new exploration prospects, and near-term drilling catalysts across its oil and gas assets in Austria and … Read more