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The Fed just penciled in only one interest rate cut this year—but officials are divided on policy
Fortune via Yahoo Finance· 5 hours agoAfter a cooler-than-expected inflation report helped stocks surge Wednesday morning, all eyes...
The Fed now expects just one interest rate cut this year — but there's still time for that to...
INSIDER via Yahoo News· 6 hours agoIts Summary of Economic Projections also penciled in just one interest rate cut for 2024. Still,...
CD rates today, June 12, 2024 (up to 5.15% APY)
Yahoo Personal Finance· 16 hours agoConsidering the recent trends in interest rates, it could be a good time to put your money in a CD and secure a guaranteed rate of return. Financial...
Fed holds interest rates steady, lowers forecast to just one cut in 2024 amid high inflation
USA TODAY via Yahoo Finance· 14 hours agoTODAY explains the news on interest rates. For more answers to your questions about today's report...
CPI Inflation Rate +3.4%: Back on Track
Zacks via Yahoo Finance· 11 hours agoWednesday, June 12th, 2024 This morning brings us the most important market data of the week. Ahead of today’s open, Consumer Price Index (CPI) figures...
Fed Signals One Rate Cut This Year, But Keeps Door Open to Two
Bloomberg via Yahoo Finance· 2 hours ago(Bloomberg) -- Federal Reserve officials dialed back their expectations for interest-rate cuts this...
Dow Jones Futures: Stocks Hit Highs Despite This Fed Rate Shift; Broadcom Jumps Late
Investor's Business Daily· 1 hour agoStock Market Rally The stock market rally jumped Wednesday on surprisingly tame inflation before the...
Mortgage rates suffer blow in housing market update
Newsweek· 3 hours agoThe Federal Reserve on Wednesday said it anticipates fewer interest rate cuts than it predicted earlier in the year, spurring experts' worries over the...
The inflation rate just fell. Here's why you should open a CD now.
CBS News· 10 hours agoInflation continued to fall in May, the Bureau of Labor Statistics announced on Thursday. Against...
Fed keeps interest rates steady, sees only one cut this year despite slowing inflation
Bankrate via Yahoo Finance· 7 hours agoThe decision means that the Federal Open Market Committee (FOMC)’s key benchmark federal funds rate...