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The Fed’s 2% inflation target is a ‘pipe dream’ and stocks are set to drop 10%, Stifel’s Barry...
Fortune· 12 hours agoThe Fed’s favorite inflation gauge—the core personal consumption expenditures (PCE) price index, which excludes more volatile food and energy prices—rose 2.8% from a year ago in March. Now, ...
The case for forever high interest rates
Reuters· 21 hours agoIf financial markets are right, interest rates won't just stay high this year, but possibly forever. Huge investment needs, whether climate or military,...
Fed Officials in ‘Wait-And-See’ Mode on Rate Cuts Ahead Of Next Week's Inflation Data
Investopedia· 4 days agoChicago Fed President Austan Goolsbee and Minneapolis Fed President Neel Kashkari said that interest...
Could high interest rates, high prices hurt Newsom’s budget outlook for California?
The Sacramento Bee· 7 hours agoCould high interest rates, high prices hurt Newsom’s budget outlook for California? The budget does not forecast a recession, and echoes projections from private forecasters ...
Americans Earned $315 Billion on Their Savings in 2023. Here's How to Get the Highest Interest Rate...
The Motley Fool via AOL· 9 hours agoHistorically, the stock market has delivered much higher returns on people's money than bank...
Today's top savings account rate roundup: Top rates remain mostly steady — May 13, 2024
USA Today· 16 hours agoThis is a positive development, to be sure, but make sure you consider fees, customer service and...
High rent costs are making it harder for the Fed to beat back inflation
New York Post· 13 hours agoThe soaring cost of rent continues to hamper the Federal Reserve from implementing its planned ...
Fed officials mull whether rates high enough as inflation expectations jump
Reuters via Yahoo Finance· 4 days agoNEW ORLEANS (Reuters) -Debate over whether U.S. interest rates are high enough deepened among...
Stock market today: Dow ends 8-day win streak as market braces for inflation data
Business Insider via Yahoo Finance· 1 hour agoInvestors are bracing for the release of two inflation data points this week: PPI and CPI. The...
Asian Traders Bide Their Time Ahead Of Key US Inflation Data
International Business Times· 2 hours agoAsian investors shifted cautiously Tuesday ahead of the release of key US inflation data that could...