Morning Joe: River Road Coffees says it’s adding a new line of coffee made with beans from a single location rather than a blend of beans from several locations. Roastmaster Select Coffees of Origin feature four new and coffee flavors. The beans were cultivated from Kenya, Indonesia, Ethiopia and Guatemala. The company says the beans are harvested from regions known for rich soil, ideal climate conditions, and natural elements not found in other coffee-growing regions.
Holding steady: The U.S. Federal Reserve is set to hold interest rates steady this week but will likely further encourage expectations that it will lift borrowing costs in June on the back of rising inflation and low unemployment, Reuters reports. “Fed speakers have done little to push back against this expectation … we expect no fireworks,” JPMorgan economist Michael Feroli says in a note to clients. The central bank, which raised interest rates from 1.5% to 1.75% in March, will announce its decision Wednesday. Read more.
May Day: Workers and activists across the globe are marking May Day today with rallies to demand their governments address labor issues. International Workers’ Day is a public holiday in many countries, though activities are restricted in some places, sometimes leading to confrontations. Read more about events taking place around the world.
