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Fed holds interest rates steady, lowers forecast to just one cut in 2024 amid high inflation
USA TODAY via Yahoo Finance· 1 day ago"We see today's report as progress and building confidence," Powell said. "This is a step in the...
This study projects Colorado's quarterly economic growth to return to pre-pandemic levels
The Coloradoan via Yahoo Finance· 4 hours agoThose include bond and equity markets, housing prices, unemployment rates and consumer confidence. “All drivers of the current ColoradoCast are either positive ...
Another positive sign for consumers: Wholesale inflation ticked down last month
CNN Business via AOL· 42 minutes agoOn a...door open to cutting interest rates later this year, albeit fewer times than they indicated...
Why the Fed Is Unlikely to Cut Interest Rates Before December
Barrons.com· 2 hours agoFor those hoping for a clear answer after Wednesday’s consumer price index reading, Fed officials’...
Falling Gas Prices Could Help Inflation-pressured Consumers
Sourcing Journal via Yahoo Finance· 1 day agoGiving a boost to consumers’ confidence levels was the still relatively strong labor market. On...
Fed Slow-Walks Rate Cuts As Powell Reveals This Worry, But CPI Saves S&P 500
Investor's Business Daily· 18 hours agoFor 2025, Fed policymakers see a year-end rate of 4.1%, implying four additional quarter-point cuts....
Consumers want a break on prices and interest rates but Fed keeps rates high
Detroit Free Press via Yahoo Finance· 20 hours agoBorrowers would practically immediately start seeing lower interest rates on credit cards and ...
Inflation is cooling — but Americans’ concerns about it are hotter than ever, by one measure
Market Watch· 21 hours agoMore than eight in 10 people, or 84%, said inflation was their top household-finance concern in the...
Daily mortgage rates for June 13, 2024: Average rates tick down after Fed rate pause
AOL· 5 hours agoSee average mortgage rates for today, for a 30-year fixed mortgage, 15-year fixed, jumbo loans,...
Cool CPI Inflation Boosts Fed Rate-Cut Odds; S&P 500 Jumps On Tame Service Prices
Investor's Business Daily· 1 day agoPolicymakers have said it will take a number of months to gain the confidence that inflation is on a...