Tag Archives: Interest

Report: Bronny James to decide on 2024 NBA Draft based on team interest, not draft stock

Report: Bronny James to decide on 2024 NBA Draft based on team interest, not draft stock

If Bronny James does in fact enter the NBA Draft later this year, his decision won’t be based on his specific draft position. Klutch Sports CEO Rich Paul told ESPN’s Adrian Wojnarowski on Saturday night that Bronny, who is the eldest son of Los Angeles Lakers star LeBron James, is going to weigh his entry into the draft based on specific team interest rather than his draft position. “I don’t value a young player getting into the lottery as much as I do getting him on the right team in… Source link

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Federal Reserve leaves interest rates unchanged, tempers expectations on rate cuts ahead

Federal Reserve leaves interest rates unchanged, tempers expectations on rate cuts ahead

The Federal Reserve maintained its benchmark interest rate on Wednesday in a range of 5.25%-5.50%, the highest since 2001, and cautioned it won’t begin lowering interest rates until it sees further progress on inflation returning to its 2% target. “The Committee does not expect it will be appropriate to reduce the target range until it has gained greater confidence that inflation is moving sustainably toward 2%,” the Fed said in its policy statement. Fed chair Jerome Powell at his Wednesday… Source link

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