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Inflation eases in May, but major relief on interest rates not coming soon
LA Times via Yahoo Finance· 1 day agoFederal Reserve Chair Jerome H. Powell and his colleagues at the central bank have kept interest ...
In new forecasts, Fed appears to bow out of the election cycle
WSAU Wausau· 15 hours ago(Reuters) - The U.S. Federal Reserve may have just ducked out of the presidential campaign spotlight...
Text of the policy statement the Federal Reserve released Wednesday
ABC News· 1 day agoJob gains have remained strong, and the unemployment rate has remained low. In recent months, there has been modest further progress toward the Committee’s 2 percent inflation objective. The ...
Markets Remain Confident of Cuts Despite Fed. Why the Rally Can Run, and 4 Other Things to Know...
Barrons.com· 15 hours agoBroadcom will split stock as AI demand boosts full-year outlook, Chinese EV makers face EU tariffs...
Federal Reserve sees some progress on inflation but envisions just one rate cut this year
The Chippewa Herald· 1 day agoFederal Reserve officials said Wednesday that inflation fell further toward their target level in...
Hopes for AI and rates nudge Wall Street to records, even as most stocks fall
Los Angeles Times· 4 hours agoThe Standard & Poor’s 500 added 0.2% to its all-time high set the day before, even though the majority of stocks within it weakened. The Nasdaq composite climbed 0.3% from its own record, thanks ...
The Fed Holds Rates Steady and Predicts Just One Reduction This Year
New York Times· 2 days agoFederal Reserve officials signaled that interest rates could stay higher this year as policymakers pause to ensure they’ve stamped out inflation. Note: The rate since December ...
Inflation eases slightly as Fed debates rate cuts
Washington Post· 2 days agoPrices were flat compared to April. The Federal Reserve has been putting the economy under pressure through higher interest rates since March 2022,...
How Fed Rates Influence Mortgages, Credit Cards and More
New York Times· 1 day agoThe Federal Reserve is expected to keep its benchmark interest rate unchanged on Wednesday, at least...
Wall Street climbs on hopes for coming cuts to interest rates
Los Angeles Times· 1 day agoU.S. stocks climbed Wednesday after a surprisingly encouraging update on inflation and a reassurance that the Federal Reserve still sees a cut to interest rates as likely ...