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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBlinken's China visit went 'well and predictably,' says professorGraham Allison, Douglas Dillon professor of government at Harvard University and former assistant secretary of defense for policy and plans under the first Clinton administration, discusses U.S. Secretary of State Antony Blinken's visit to China and says "we're in a period of fairly intense conversations between the parties, and the relationship is becoming slightly more stable, even though fundamentally it remains a struggle between competition on the one hand and cooperation on the other."
Persons: Graham Allison, Douglas Dillon, Clinton, Antony Blinken's Organizations: Harvard University, U.S Locations: China
Soon, dozens more students protesting the monthslong assault on Gaza were arrested at New York and Yale universities. Ash told CNN he was one of 20 students arrested following a sit-in on November 8. The charges were later dropped, according to the Brown Daily Herald, but 41 students arrested the following month in similar circumstances still face charges, which protesters now want dropped. Separately, the referendum on the BDS resolution “did not move forward because of potential conflict with federal and state laws,” the university told CNN in a statement. Police then were aggressive, Agrawal told CNN.
Persons: strode, , Jordan Vonderhaar, that’s, Zach Greenberg, ” Greenberg, ” “, , Dima Khalidi, , Greenberg, , Arman Deendar, Rafi Ash, Ash, ” Ash, Richard Vogel, Jack Petocz, Petocz, Vanderbilt, Samson Zhang, Alexander Hall, Pitzer, Mita Banerjee, Banerjee, ” Arrestees, Natascha, Shubh Agrawal, Agrawal, Colleen Mastony, Israel, Grace Hie Yoon, Adam Lehman, who’ve, they’re, ” Lehman, CNN’s Dana, Israel –, Palestine Legal’s Khalidi, ” Khalidi, CNN’s Nicquel Terry Ellis, Chelsea Bailey, Isabel Rosales, Devon Sayers Organizations: CNN, New York’s Columbia University, Yale, University of Texas, University of Southern, Emory University, Boston’s Emerson College, Indiana University, George Washington University and California State Polytechnic, Humboldt, Bloomberg, Getty, Foundation, Rights, , White, Palestine, Brown University, Brown Daily Herald, University Public, Vanderbilt University, Vanderbilt, Coalition, ” Vanderbilt University, Community, Officer, Barnard College, Harvard University, Boston, Pomona College, Claremont Colleges, Pomona, Pomona College’s, for Justice, ” Claremont Police, Pro, Palestinian, George Washington University, University of Michigan’s, Investment, University of Michigan, Police, New York University, New, Civil Liberties Union, Anadolu Agency, Jewish, Hillel International Locations: New, Gaza, New York, Austin, University of Southern California, Atlanta, Israel, Rhode Island, Los Angeles, Nashville, Florida’s, Southern, Palestine, TAHRIR, “ City, Vietnam
Two White House officials noted that the number of speeches for Biden and Harris is similar to the two previous years. Another White House official declined to preview how Biden might address the campus unrest. Biden campaign officials say that despite the media focus on campus protests, public polling and their own research show that young voters are more concerned with other issues. "We know from the conversations we have that young voters are planning to vote, and voters are planning to vote for us," she said. Rep. Ro Khanna, D-Calif., visited multiple Wisconsin college campuses this week as a member of the Biden campaign's national advisory board.
Persons: Joe Biden, Kamala Harris, Biden, Harris, Jill Biden, Barack Obama, Karine Jean, Pierre, John Della Volpe, Della Volpe, Eve Levenson, aren't, Levenson, Ro Khanna, It's Organizations: U.S, Capitol, Montgomery County Community College, Morehouse College, U.S . Military Academy, West, Air Force Academy, White House, Barnard College, Joplin High School, White, Harvard University, Harvard Kennedy School Institute of Politics, Biden campaign's, Freedoms, Democratic, Biden, Harvard Locations: Blue Bell, Valley Forge , Pennsylvania, U.S, West, Virginia, Florida, Gaza, Wisconsin
Emory University: 28 people were arrested, including 20 Emory community members, during a protest at the school, Vice President for Public Safety Cheryl Elliott said. Brown University: The university identified about 130 students who it alleges violated a school conduct code that forbids encampments on campus. George Washington University: DC Metropolitan Police were asked to assist in relocating an “unauthorized protest encampment” on campus, university president Ellen M. Granberg said. Northeastern University: An encampment formed at Northeastern University in Boston, where dozens of protesters were seen forming a human chain around several tents. Other campuses: Since last Thursday, there have been protests at several campuses, including the Massachusetts Institute of Technology, University of Texas at Austin, University of Michigan, University of New Mexico, University of California, Berkeley, Yale University, Harvard University, Princeton University and the University of Minnesota’s Twin Cities campus.
Persons: , Minouche, Shafik, Cheryl Elliott, Jay Bernhardt, Ellen M, Granberg, GWPD Organizations: New York's Columbia University, Columbia University, The New York Times, University of Southern, Emory University, Emory, Public, Troopers, Georgie State Patrol, Democratic, Georgia State Patrol, Emory . Brown University, Students, Emerson College, Boston, Boston Police Department, Indiana University, George Washington University, DC Metropolitan Police, University of California, UCLA, Northeastern University, Massachusetts Institute of Technology, University of Texas, Austin , University of Michigan, University of New, Yale University, Harvard University, Princeton University, University of Minnesota’s, University of Minnesota’s Twin Cities Locations: Israel, Gaza, University of Southern California, Democratic Georgia, Los Angeles, Boston, University of New Mexico, Berkeley, University of Minnesota’s Twin
New York CNN —When Minouche Shafik was announced as Columbia University’s president last year, she was called the “perfect candidate” by the chair of Columbia’s Board of Trustees. University of Pennsylvania president Liz Magill and Harvard University president Claudine Gay both stepped down in the wake of pressure over their response to antisemitism on campus. They say the crackdown on student protests, which resulted in more than 100 arrests, violated academic freedom. “I am here today, joining my colleagues and calling on President Shafik to resign if she cannot immediately bring order to this chaos,” Johnson said. Last week, Shafik authorized the New York Police Department to sweep the “Gaza Solidarity Encampment” on Columbia’s campus.
Persons: Minouche Shafik, Shafik —, Liz Magill, Claudine Gay, Shafik, Alexandra Ocasio, Cortez, Mike Johnson, , ” Johnson, , James Finkelstein, “ She’s, ” Finkelstein, Grayson Kirk, Kirk, Columbia’s Hillel, Robert Kraft Organizations: New, New York CNN, Columbia, Trustees, Representatives, World Bank, International Monetary Fund, Bank of England, London School of Economics, Hamas, College, University of Pennsylvania, Harvard University, New York Police Department, Democratic, Republican, George Mason University, ” Columbia’s, Police, NYPD, of Education, Harvard, Department, Education, ” New England Patriots Locations: New York, Israel, Vietnam, Harlem, Gaza, Columbia’s, Columbia,
CNN —Former President Donald Trump on Wednesday night downplayed the 2017 white supremacist rally in Charlottesville, Virginia, which led to a woman’s death, as a “peanut” compared to the demonstrations happening across the US against Israel’s actions in Gaza. Public officials have condemned incidents of antisemitism that have occurred amid the protests and raised concerns over the safety of Jewish students. Trump also accused Biden in the post of hating Israel and the Jewish people, but hating the Palestinian people even more. “I condemn the antisemitic protests, that’s why I’ve set up a program to deal with that,” Biden said when questioned about the events at Columbia University in New York. Republican House Speaker Mike Johnson visited the campus on Wednesday to call for Columbia University President Minouche Shafik to resign if she cannot bring order to the campus.
Persons: Donald Trump, Confederate, Robert E, Lee, Joe Biden, Crooked Joe Biden, ” Trump, Trump, Biden, Israel, Steven Cheung, ” Biden, Ammar Moussa, , , Mike Johnson, Minouche Shafik, – Claudine Gay, Liz Magill, CNN’s Donald Judd, Shania Shelton Organizations: CNN, Public, Trump, , Columbia University, University of Southern, University of Texas, Wednesday, Protesters, Republican, Ivy League, Harvard University, University of Pennsylvania Locations: Charlottesville , Virginia, Gaza, White, Charlottesville, New York, University of Southern California, Austin, Israel
New York CNN —Columbia University student organizers were given a midnight deadline Tuesday to resolve talks with the university over dismantling the pro-Palestinian encampment that has cast its campus into days of turmoil and unease, the school’s president said. Though the outcome of the negotiations is still unclear, Columbia President Minouche Shafik said the university would consider “alternative options” if no agreement was reached by midnight. As of 12:10 a.m., the NYPD had not been asked by Columbia University to respond to the campus, a police spokesperson told CNN. Harvard University has closed Harvard Yard and officials at the university suspended a pro-Palestinian student organization for allegedly violating school policies. The encampment at Columbia University was lively early this week, with many students congregating in circles, eating and talking.
Persons: Minouche Shafik, Shafik, ” Shafik, Joe Biden, Mike Johnson, Barnard, Lisa Rosenbury, , Eric Adams, Cameron Jones, , Jacob Schmeltz, it’s, , Biden, Andrew Bates, Bates, Hakeem Jeffries, It’s, ” CNN’s Kate Sullivan, John Towfighi, Melanie Zanona, Taylor Romine, Omar Jimenez, Sara Smart, Matt Egan, Nic F, Anderson, Isabel Rosales Organizations: New, New York CNN — Columbia University, Columbia, New York Police Department, NYPD, Columbia University, CNN, Barnard College, New York University, NYU, Yale University, University of New, University of Minnesota’s, Massachusetts Institute of Technology, Emerson College, University of California, University of Michigan . Harvard University, Harvard, Columbia Columbia, New York City, Democratic Locations: New York, Columbia, United States, New Haven , Connecticut, Gaza, University of New Mexico, University of Minnesota’s Twin Cities, Berkeley, Israel
CNN —Officials at Columbia University, facing surging tensions on campus that have raised safety concerns, have announced all classes will be virtual on Monday as Passover begins. Shafik has faced new calls for her resignation, and a rabbi linked to the university even urged Jewish students to stay home due to concerns about their safety. The crisis at Columbia amounts to a massive test for Shafik, who took the helm of the university less than a year ago. “It is crystal clear that Columbia University -previously a beacon of academic excellence founded by Alexander Hamilton - needs new leadership,” Stefanik said in a statement on Sunday. As Passover begins Monday, Jewish student organizations have increased security for their upcoming events and services.
Persons: Minouche Shafik, , Shafik, Kathy Hochul, Eric Adams, Adams, New York Police Department “, , Elise Stefanik, Alexander Hamilton, ” Stefanik, Virginia Foxx, “ Columbia’s, ” Foxx, Brian Cohen, Chabad, CNN’s Elizabeth Wolfe, Paradise Afshar, Caroll Alvarado, Shimon Prokupecz Organizations: CNN, Columbia University, Columbia, Ivy League, Jewish, , New, New York City, New York Police Department, New York Republican, Harvard University, University of Pennsylvania, Police, Kraft Center, Barnard College Locations: ,, , New York, New, ” Columbia, Columbia, Jewish
Here are the three macronutrients of happiness, according to Brooks, and how you can optimize them in your life. "I talk about the sub-parts, the macronutrients of happiness." Happiness is something that we all strive for, but there isn't a clear prescription for the desired feeling. "If you're doing something that's pleasurable and can be addictive [and] you don't do it alone, then you can get enjoyment which is a source of actual authentic and enduring happiness," Brooks said. Of all three "macronutrients," purpose is the one that you need to experience the most, he noted.
Persons: Brooks, It's, Dan Harris, Oprah Winfrey, Arthur C, he's, that's, you've, they're, Harvard wouldn't, acing Organizations: Harvard University, Harvard, CNBC
Fans of Taylor Swift often study up for a new album, revisiting the singer’s older works to prepare to analyze lyrics and song titles for secret messages and meanings. “The Tortured Poets Department” is getting much the same treatment, and perhaps no group of listeners was better prepared than the students at Harvard University currently studying Ms. Swift’s works in an English class devoted entirely to the artist. The undergraduate course, “Taylor Swift and Her World,” is taught by Stephanie Burt, who has her students comparing Ms. Swift’s songs to works by poets and writers including Willa Cather, Samuel Taylor Coleridge and William Wordsworth. On Thursday night, about 50 students from the class gathered in a lecture hall on campus to listen to Ms. Swift’s new album. Mary Pankowski, a 22-year-old senior studying history of art and architecture, wore a cream sweatshirt she bought at Ms. Swift’s Eras tour last year.
Persons: Taylor Swift, Department ”, Swift’s, “ Taylor Swift, , Stephanie Burt, Willa Cather, Samuel Taylor Coleridge, William Wordsworth, Mary Pankowski Organizations: Department, Harvard University
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIran is willing to take the risk that a larger war will develop, says Harvard’s Meghan O’SullivanMeghan O’Sullivan, Harvard University’s Belfer Center for Science and International Affairs director and former Deputy National Security Advisor, joins 'Squawk Box' to discuss the latest developments in the Middle East conflict, the potential impact of new sanctions on Iran, what a possible retaliatory strikes from Israel could look like, and more.
Persons: Harvard’s Meghan O’Sullivan Meghan O’Sullivan Organizations: Iran, Harvard, Belfer, for Science, International Affairs, National Security Locations: Iran, Israel
From left, Claudine Gay, president of Harvard University; M. Elizabeth Magill, president of Penn; Pamela Nadell, a professor at American University; and Sally Kornbluth, president of M.I.T., at a congressional hearing in December. When Nemat Shafik, the president of Columbia University, was asked to appear before Congress to testify about antisemitism on college campuses in December, she cited a scheduling conflict and said she could not attend. The president of the University of Pennsylvania, M. Elizabeth Magill, resigned four days after her appearance at the hearing, where she delivered evasive answers about campus antisemitism. Harvard’s president, Claudine Gay, similarly gave vague responses and faced fierce backlash for weeks up to her resignation in January. Lawyers who prepare clients to testify before Congress said that while there are risks to not appearing, it is always an option.
Persons: Claudine Gay, Elizabeth Magill, Penn, Pamela Nadell, Sally Kornbluth, Nemat Shafik, Shafik, Minouche, Christopher Armstrong, , you’re, , it’s, ” Mr, Armstrong, There’s, Emily Loeb, Block, ” Sharon Otterman Organizations: Harvard University, American University, Columbia University, University of Pennsylvania, Massachusetts Institute of Technology, Education, Workforce, United Nations, Change, Lawyers, Holland, Knight, Jenner Locations: Dubai
Harvard University is among the latest institutions to announce it is reversing its test-optional policy and requiring students to submit test scores in their applications. For the writer Emi Nietfeld, it’s a positive sign. But one thing she did have control over was studying for standardized tests. In this audio essay, Nietfeld explains how Scantron sheets helped her unlock a better life. (A full transcript of this audio essay will be available on Monday in the audio player above.)
Persons: Emi Nietfeld, it’s, Nietfeld Organizations: Harvard University
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHarvard becomes the latest Ivy League school to reinstate the SAT admission requirementShaun Harper, business professor at the University of Southern California, joins CNBC's 'Squawk Box' to react to the news of Harvard University becoming the latest Ivy League school to reinstate SAT for admissions.
Persons: Shaun Harper Organizations: Harvard, Ivy League, University of Southern, Harvard University Locations: University of Southern California
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Completely unrealistic' for the Fed to lower interest rates to 2.5% in this economy: Kenneth RogoffKenneth Rogoff of Harvard University explains why U.S. interest rates are likely to remain higher for longer.
Persons: Kenneth Rogoff Kenneth Rogoff Organizations: Fed, Harvard University
In today's big story, we're doing a deep dive into the golf tournament at one of the most exclusive clubs in the world . Mike Ehrmann/Getty ImagesHarvard University alumni, Goldman Sachs partners, Birkin bag owners — those exclusive groups are nothing compared to an Augusta National Golf Course membership. The Masters Tournament, the first of four men's major golf tournaments, kicks off today , write Business Insider's Madeline Berg and Taylor Rains. Since it's almost impossible to check out Augusta National otherwise, the Masters has become a staple of the billionaire's social calendar. Augusta National runs a lottery system for them.
Persons: , Mike Ehrmann, Goldman Sachs, Birkin, Madeline Berg, Taylor, it's, Cork Gaines, aren't, Joe Ciolli, didn't, Chelsea Jia Feng, Bill Smead, Brad Porter, Elon Musk's, Y, Paul Graham, Alyssa Powell, Larry Ellison, David Ellison, Larry Ellison's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Business, Service, Getty Images Harvard University, Augusta, Waste, bros, Augusta National, Renaissance Technologies, Sigma, Robotics, Amazon Robotics, xAI, Paramount, Oracle, Google, JPMorgan, SpaceX Locations: Augusta, swag, Chelsea, D.E, Shaw's Valence, New York, London
But a recent survey may provide some insight about what drives Gen Z's happiness. 73% of Gen Zers consider themselves to be very happy or somewhat happy, the survey found. 1 thing that influences Gen Z's happiness is having a purposeOne of the most significant findings of the survey is that what influences the happiness of Gen Zers the most is "their sense of purpose at work or school." Yet, "between 43% and 49% of Gen Zers do not feel what they do each day is interesting, important or motivating," the report states. 4 major influences on the happiness of Gen Zers
Persons: Arthur C, Brooks, Gen Zers, Zach Hrynowski, Gen Z, Gen, Zers, David Spicer, Spicer, Taylor Swift Organizations: Gallup, Walton Family Foundation, Harvard University, CNBC
The Harvard professor's research is bankrolled by tech tycoons "pissed off" at academia's dogma. But this boundary-pushing is exactly why he's backed Loeb's research. AdvertisementDesch, the astrophysicist from Arizona University, posted a critique of Loeb's work on arXiv alleging "multiple fatal flaws with the manuscript's arguments." Asked whether he no longer believes in a possible technological origin for the meteor, Loeb said they need to investigate further. As he plans more extravagant expeditions to prove the origin of the interstellar meteor, Loeb likens his critics to crows pecking at the neck of an eagle.
Persons: Avi Loeb, Loeb, , Steven Desch, they're, Loeb's, they've, Charles Hoskinson, that's, Anibal Martel, Mark Zuckerberg, Stephen Hawking, Lucas Jackson, Oumuamua, Desch, It's, Meech, Hoskinson, Rather, Lane Turner, James Webb, Bill Diamond, Stenzel, AARO, UAPs, Loeb hasn't, Joe Rogan's, Eugene Jhong, Galileo, ", Frank Laukien, Laukien, Charles Alcock, Seth Shostak, Stephen Wolfram, Richard Branson's, Vera, Rubin, Avi Loeb Loeb, what's, Rob McCallum, Mariana Trench, James Cameron, Avi Loeb Hoskinson, spherules, Harvard's Stein Jacobsen, Loeb didn't, Monica Grady, Patricio Gallardo, it's, Diamond, That's Avi, Adam Glanzman Organizations: Harvard, Service, Arizona State University, Netflix, Galileo, Anadolu Agency, Reuters, University of Hawaii, Boston Globe, James Webb Telescope, NASA, SETI Institute, Pew Research Center, Department of Defense, UAP Department of Defense, Jhong, Bruker Corporation, Smithsonian's, for Astrophysics, MIT, Wolfram Research, Harvard University, Survey, US Space Command, Hoskinson, UK's Open University, University of Chicago, Arizona University, U.S . Government, The Washington, Getty, Loeb, Astronomy, Astrophysics Locations: Lexington , Massachusetts, United States, Getty, Loeb's, New York, Cambridge, Massachussetts, UAPs, Colorado, Chile, Papua New Guinea, 2401.09882, IM1
If you had to guess where America's highest earners live, you might imagine the booming metropolis of New York City or the tech-heavy cities that make up Silicon Valley. Workers in the District of Columbia have a higher annual median wage at $84,450, but Massachusetts is the highest-earning state. A number of reasons help workers in Massachusetts earn higher salaries. Top colleges like Harvard University and Massachusetts Institute of Technology, which historically churn out high earners, may also drive Massachusetts' median wages up. Check out the map below to see the median wage in every U.S. state.
Organizations: Bureau of Labor Statistics . Workers, District of Columbia, Harvard University and Massachusetts Institute of Technology Locations: New York City, Massachusetts, District
(AP) — Harvard University said it has removed human skin from the binding of a 19th century book about the afterlife that has been in its collections since the 1930s. Scientific analysis done in 2014 confirmed the binding was made of human skin, the university said. In its statement, Harvard said the library noted several ways in which its stewardship practices failed to meet its ethical standards. The removed skin is now in “secure storage at Harvard Library,” Anne-Marie Eze, Houghton Library associate librarian, said in the question-and-answer session. Harvard said the skin removal was prompted by a library review following a Harvard University report on human remains in its museum collections, released in 2022.
Persons: Des, , Arsène Houssaye, Ludovic Bouland, Harvard, Bouland, Thomas Hyry, ” Harvard, ” Anne, Marie Eze Organizations: — Harvard University, Houghton Library, Houghton, Harvard Library, Harvard University, “ Harvard Library, Harvard Museum Locations: CAMBRIDGE, French
The application figures are also the first look at Ivy League school admissions after the Supreme Court gutted affirmative action, although the data does not include demographic breakdowns. Harvard said Thursday it received 54,008 applicants for the class of 2028, down 5% from the year before. This marks the fewest applicants to Harvard since the class of 2024’s enrollment period during the Covid-19 pandemic. Harvard said it accepted 1,937 students for the class of 2028, translating to an admissions rate of 3.58%. The all-time low admissions rate was set just two years ago at 3.19%.
Persons: Claudine Gay, Liz Magill, Logan Powell, Virginia Foxx Organizations: New, New York CNN, Harvard University, Ivy League, Harvard, University of Pennsylvania, Columbia University, Cornell University, Brown University, US, University of North, House Education, Workforce Committee Locations: New York, Israel, Columbia, University of North Carolina
A fascination with the eight private colleges that comprise the Ivy League spans decades. What is an Ivy League degree worth? For decades, studies have shown that earning a college degree is almost always worthwhile. A recent report by Harvard University-based nonpartisan, nonprofit research group Opportunity Insights found that an Ivy League degree carries even more weight in the workforce and beyond. In the end, they found that attending an Ivy League college has a "statistically insignificant impact" on earnings.
Persons: Harvard University's, Blake Nissen, Claudine Gay's, Christopher Rim, Connie Livingston, Birkin, Livingston Organizations: The Boston Globe, Getty, Ivy League, Harvard University, Harvard, Princeton, Command, College Board, Brown University, Ivy Locations: Cambridge , Massachusetts
When former President Donald J. Trump’s social media company went public this week, supporters and investors betting on Mr. Trump’s political success helped drive the value of a loss-making firm through the roof. Mr. Trump ended the first day of public trading $4.6 billion richer on paper. If Mr. Trump is elected president, it may not be the last time the company is used as a vehicle to benefit Mr. Trump’s pocketbook, experts said. Trump Media & Technology Group — the owner of Truth Social, the site Mr. Trump uses to rally his backers and blast his opponents — could present a new, fairly straightforward route for foreign leaders or special interests to try to influence him. Should he retain his control of the company while in office, the ethical questions that arose from Mr. Trump’s hotels and other properties in his first term as president would only multiply when applied to a publicly traded media company, they said.
Persons: Donald J, Trump, Trump’s pocketbook, , , Jack Goldsmith, George W, Bush Organizations: Trump Media & Technology, Truth, Harvard University
Of the roughly 20 million books in Harvard University’s libraries, one has long exerted a unique dark fascination, not for its contents, but for the material it was reputedly bound in: human skin. For years, the volume — a 19th-century French treatise on the human soul — was brought out for show and tell, and sometimes, according to library lore, used to haze new employees. In 2014, the university drew jokey news coverage around the world with the announcement that it had used new technology to confirm that the binding was in fact human skin. But on Wednesday, after years of criticism and debate, the university announced that it had removed the binding and would be exploring options for “a final respectful disposition of these human remains.”“After careful study, stakeholder engagement, and consideration, Harvard Library and the Harvard Museum Collections Returns Committee concluded that the human remains used in the book’s binding no longer belong in the Harvard Library collections, due to the ethically fraught nature of the book’s origins and subsequent history,” the university said in a statement.
Persons: , ” “ Organizations: , Harvard Library, Harvard Museum Locations: Harvard
That’s because some Federal Reserve officials are reconsidering forecasts they made three months ago that called for three rate cuts this year. The stakes are high because there are consequences if the Fed cuts rates soon or if it leaves rates where they’ve been for the past eight months. First rate cut hinges on inflation dataIn February, Bostic told CNN that the first rate cut could come “sometime in the summertime.” That’s also Wall Street’s current expectation. He hasn’t specified — and is unlikely to signal — the number of rate cuts he believes are appropriate for this year. He has cheered inflation’s descent and said further improvement could open the door to rate cuts — if that actually bears out.
Persons: they’ve, Raphael Bostic, ” Bostic, Bostic, That’s, Powell hasn’t, Price, Nam, ” David Page, Powell, Rather, Jerome Powell, Chip Somodevilla, Lisa Cook, Austan Goolsbee, , we’ve, we’re, Goolsbee, Christopher Waller Organizations: CNN, Federal Reserve, Atlanta Fed, Index, AXA, Federal, , Harvard University, Chicago, Yahoo Finance, Fed, San Francisco Fed Locations: New York
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