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Money

Federal Reserve minutes say, No interest rate move “for some time”

Minutes from the Federal Reserve's April 30-May 1 meeting showed officials at the U.S. central bank inclined toward patience and to keeping the current wait-and-see policy in place "for some time." Adding to the dovish tone of the minutes, many Fed members agreed with Fed chair Jerome Powell's view that the recent dip in inflation was likely temporary. “Members observed that a patient approach to determining future adjustments to the target range for the federal funds rate would likely remain appropriate for some time,” the minutes said. Of course, that makes defining "for some time" the crux of the market's attitude toward interest rates.

So much for any infrastructure spending bill from Washington

President Donald Trump stormed out of a meeting with Democratic House Speaker Nancy Pelosi and Democratic Senate Minority Leader Chuck Schumer saying that he would not work with them on an infrastructure package (or other bipartisan legislation including an effort to lower the prices of prescription drugs and the still pending U.S.-Mexico-Canada trade agreement to replace NAFTA) until they halted their probes into his administration. “Get these phony investigations over with,” Trump said he told House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer.

The Program Where Older Volunteers Become School ‘Aunts’ and ‘Uncles’

One morning a week, we are 12 older adults assisting in one of the youngest classes at our local school in Denmark. We call ourselves School Aunts and School Uncles. With 25 curious and lively children per class, a lone teacher cannot give each pupil the attention that every boy or girl really needs to…

The post The Program Where Older Volunteers Become School ‘Aunts’ and ‘Uncles’ appeared first on Next Avenue.

7 Ways to Honor a Loved One’s Memory

When my mom passed away, having established guidelines for my early grieving process was a relief, giving me concrete steps to take and tasks to do. Several years on, my grief is different — less sharp, but still punctuated with unexpected moments and feelings that catch me off guard. I’ve found myself wishing for more…

The post 7 Ways to Honor a Loved One’s Memory appeared first on Next Avenue.

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