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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· 20 hours ago“In recent months, there has been modest further progress toward the (Fed’s) 2 percent inflation...
Fed Slow-Walks Rate Cuts As Powell Reveals This Worry, But CPI Saves S&P 500
Investor's Business Daily· 12 hours agoBut the S&P 500 and Nasdaq, which rallied to fresh record highs on the tame CPI data, still managed...
Dollar Could Fall if Weak U.S. Inflation Data Means Fed Rate-Cut Forecasts Are ‘Stale’
The Wall Street Journal· 32 minutes agoThe Federal Reserve reduced its forecasts to just one rate cut in 2024 but the weak U.S. inflation...
Here’s What to Watch in Asian Markets After Fed Decision, CPI
Bloomberg via Yahoo Finance· 1 hour agoHis Dad’s Reaction Was Remarkable.Apple to ‘Pay’ OpenAI for ChatGPT Through Distribution, Not CashUS...
The Federal Reserve’s latest dot plot, explained – and what it says about interest rates
Bankrate via Yahoo Finance· 14 hours agoKey takeaways The Fed's dot plot is a chart that records each Fed official's projection for the...
US Fed pencils in one interest rate cut this year
BBC via Yahoo Finance· 50 minutes agoThat compares with 3.4% in the 12 months to April. However, between April and May inflation was unchanged and it remains above the Fed's 2% target....
Analysis-Fed meeting, benign inflation keep soft landing hopes alive
Reuters via Yahoo Finance· 4 hours agoSoft landing hopes that have powered U.S. stocks this year received a boost following encouraging...
Fed Signals One Rate Cut This Year, But Keeps Door Open to Two
Bloomberg via Yahoo Finance· 9 hours agoJerome Powell kept the door open for more as he emphasized the new forecasts represented a...
Softer CPI and Fed's Dovish Tone Boost Market Sentiment | Investing.com
Investing.com· 2 hours agoThe Federal Reserve’s (Fed) dot plot plotted one rate cut for 2024, down from three in March and the...
Opinion | The Fed’s interest rate mistake is a gift for Trump
MSNBC via Yahoo News· 9 hours agoFederal Reserve Chair Jerome Powell suggested that one or two rate cuts could come before the end of...