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How Wall Street’s hopes for multiple Fed rate cuts this year came undone
Market Watch· 3 days agoOn Friday, top executives, economists and traders began openly expressing doubts that the U.S....
Treasury expands sanctions threat against banks dealing with Russia
Politico· 7 hours agoIn December, Biden signed an executive order that threatened banks with sanctions if they facilitated transactions to about 1,200 entities in Russia’s military industrial ...
U.S. widens sanctions on Russia to discourage countries such as China from doing business with...
CNBC· 8 hours agoWhite House National Security Communications Advisor John Kirby speaks during a press briefing at...
Fed leaves rates unchanged, sees only one 2024 cut despite inflation progress
Reuters via Yahoo Finance· 12 hours agoFederal Reserve held interest rates steady on Wednesday and pushed out the start of rate cuts to...
US consumer prices unchanged in May; rate-cut expectations rise By Reuters
Investing.com· 10 hours agoThe report from the Labor Department on Wednesday also showed underlying inflation pressures abated...
The Federal Reserve’s latest dot plot, explained – and what it says about interest rates
Bankrate via Yahoo Finance· 4 hours agoRates would end up soaring to 4.25-4.5 percent. The further out into the future officials go, the...
Fed Projects Just One Cut This Year Despite Mild Inflation Report
The Wall Street Journal· 2 hours agoU.S. ECONOMY Federal Reserve Chair Jerome Powell said the central bank would keep inflation rates...
Flat US May CPI boosts confidence that Fed is reining in inflation
Reuters· 9 hours agoThe U.S. Consumer Price Index was unexpectedly unchanged in May amid cheaper gasoline, but inflation...
The US expands sanctions against Russia-friendly institutions asTreasury chief Janet Yellen says the...
Business Insider· 5 hours agoThis story is available exclusively to Business Insider subscribers. Become an Insider and start...
Fed keeps interest rates steady, sees only one cut this year despite slowing inflation
Bankrate via AOL· 4 hours agoYet, when it comes to the way back down, officials are taking their time, as inflation gives mixed...