Fed Likely To Hold Rates Amid Tumbling Jobs Outlook
The Fed is expected to keep rates at 1.25 percent at the meeting, signaling readiness to cut if growth falters. Unemployment hit 6 percent in April, with 500,000 layoffs in three months, but improving consumer confidence and lower oil prices after the Baghdad war may spur a late-year pickup. Analysts say the committee will stress balance of risks and domestic weakness versus inflation.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Fed
Alan Greenspan
U.S
Baghdad
Iraq
Lyle Gramley
Seminor
Schwab Washington Research Group
Fed Board
Federal Open Market Committee
Central Bank
Greenspan
House Financial Services Committee
David Wyss
Standard & Poor's
New York
United States
Japan
Lawrence Farmers Market Opens Saturday With New Director
The Lawrence market launches Saturday May 24 at 9 a.m. with Barbara Clark noting vendors’ hospitality. New market coordinator Emily Miller, previously a grower of edible flowers in Freedom California, aims to boost local produce and resolve vendor disputes. The market runs 6:30 to 10:30 a.m. Saturdays through August and 4 to 6:30 p.m. Tuesdays and Thursdays through October, now run by a vendor elected board.
MENTIONED IN THIS ARTICLE
Richard Gwin
Journal-World Photo
Richard Bean
Lawrence
Bean
Barbara Clark
Emily Miller
Miller
Freedom
Calif
America
Kansas
Downtown
Lawrence Inc
Clark
Squier to lead Lawrence Chamber of Commerce
Chamber taps Hays leader as CEO to bring commercial air service to Hays and attract Sykes Enterprises Inc. to the area. He led a regional water board and helped assemble over 2 million dollars in public and private funds. Squier pledges expanded state and national contacts to boost Lawrence. He leaves Hays after 12 years and will begin in July with a salary around 90 thousand dollars.
MENTIONED IN THIS ARTICLE
Hays
Hays and
Russell
Sykes Enterprises Inc
Squier
Ellis County
Gina Riedel
Hays Area
Ellis County Commission
Economic Development Coalition
Channell
Ness City
McElwain
Sunflower State
Topeka
Washington, D.C
Pat Roberts
Jerry Moran
John Moore
Chamber
Lawrence
Ellis County Coalition For Economic Development
Lawrence Chamber of Commerce
Kansas University
Sepic
Lansing
Mich
Commodities move higher on corn belt rains and wheat gains
Large weekend rains in the Midwest delayed corn planting pushing futures up over 2 percent on the Chicago Board of Trade. Wheat strengthened to week highs on crop concerns while soybeans fell. July corn and oats rose. soybeans eased. Beef and pork futures mixed with cattle and hog quotes listed from St Joseph and Ottawa elevators.
MENTIONED IN THIS ARTICLE
Chicago Board of Trade
Midwest
Chicago Mercantile Exchange
St. Joseph
Also Mentioned on This Page
Eric Weslander
Chad Lawhorn
Ottawa Cooperative Assn
Ottawa
Edgerton
Overbrook
Milo
Midland
Lawrence North
Lawrence South
Pauline
London
London Metal Exch
Handy & Harman
N.Y
T-Rex
Wild Territory
Box Mass