Fed set to decide on rate path after two day meeting
The Federal Reserve finishes a two day session with a decision on further rate hikes. Inflation cooled but growth slowed, raising recession fears as policymakers weigh a 0.25 percentage point increase before any pause. The April jobs report due Friday will guide views on the labor market and inflation. The job market has cooled in 2023 after a strong 2022, a softening signal the Fed seeks.
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Investor quote on inflation and Fed rate path
Mike Loewengart of Morgan Stanley warns that inflation remains above target and the Fed is likely to raise rates again next week, keeping policy at high levels for an extended period.
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Mike Loewengart
Morgan Stanley Global Investment Office
Wall Street ends April with gains as profits beat expectations
The S&P 500 rose 0.8 percent while the Dow and Nasdaq advanced. Exxon Mobil Amazon.com In Amazon.com T-Mobile US shares climbed after quarterly results beat expectations, offsetting a revenue growth slowdown at AWS. Intel topped quarterly forecasts, lifting sentiment across markets.
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Week of events on MMIW awareness in Lawrence and Haskell
Tuesday stroll from South Park to City Hall precedes the Lawrence City Commission meeting with a proclamation. KU social work student Clara Selam will present a capstone on Missing Murdered Indigenous People movement via Zoom at 7 p.m. Wednesday with registration at bit.ly/3WCQfij. Thursday screens Who She Is at Lawrence Arts Center. Friday May 5 is National MMIW Awareness Day with red attire encouraged. Haskell hosts sunrise fire lighting and a 6 p.m. walk.
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Douglas County unveils new Geportal for public GIS access
The county’s monthly newsletter highlights current GIS use across projects including an Open Space Plan, Climate Action Plan, criminal justice dashboards, and rental maps. GIS Manager Tyler Fleming introduces the Geportal to view public web apps, download documents and data, and get answers.
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Tyler Fleming
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