Author: John Arcadipane

– 202403Federal Reserve 07933

Across the United States, many people are eagerly awaiting the Federal Reserve’s first cut to its benchmark interest rate this year: Prospective home buyers hope for lower mortgage rates. Wall Street traders envision higher stock prices. Consumers are looking for a break on credit card debt at record-high interest rates. Not to mention President Joe Biden, whose re-election campaign would likely benefit from an economic jolt stemming from lower borrowing rates. Yet Chair Jerome Powell and his fellow Fed officials are expected to play it safe when they meet his week, keeping their rate unchanged for a fifth straight time and signaling that they still need further evidence that inflation is returning sustainably to their 2% target.

Read More
– 202403202401290818TMS MNGTRPUB SPORTS CHICAGO BEARS HIRE ERIC WASHINGTON GREAT 2 TB5 8660c2

For the first time since September, Chicago Bears coach Matt Eberflus will have a separate defensive coordinator on his staff. The Bears announced Saturday that they hired Buffalo Bills assistant head coach and defensive line coach Eric Washington to be their new DC. Washington previously coached with the Bears from 2008-10 under Lovie Smith and served as…

Read More