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The Budget Deficit Is Soaring. Can The AI Boom Save The Day — And The S&P 500?
Investor's Business Daily· 7 hours agoThe economy faces serious constraints as the federal debt swells. AI could help by fueling...
What the Fed’s continued rate pause means for homebuyers and sellers
New Hampshire Union Leader· 7 days agoInflation is still running well above plan, and that means the Federal Reserve is keeping its finger...
Interest rates may need to go higher if the Fed wants inflation at 2%
Morningstar· 5 days agoThe Fed should not lower interest rates until inflation hits the 2% target for several months. Investors got their wish that the May consumer-price index report and the Federal Reserve's interest ...
The Fed Projects Just One Rate Cut This Year. Do Wall Street Leaders Agree?
The New York Observer· 7 days ago“So far, the data have not given us that greater confidence,” said Fed Chair Jerome Powell during a...
Today's top savings account rate roundup: Earn up to 5.84% — June 19, 2024
USA Today· 2 days agoAverage savings account rates haven’t budged over the past week, as banks try to figure out if the...
Gateway - Quartz
Quartz· 2 days agoAfter a series of additional 25 basis point hikes in 2023, the federal funds rate now stands between 5.25% and 5.50%. The central bank’s summary of economic projections suggest ...
Fed’s Musalem Suggests Interest-Rate Cuts Could Be Delayed for Some Time
Bloomberg· 2 days agoHave a confidential tip for our reporters? Federal Reserve Bank of St. Louis President Alberto...
Gateway - Quartz
Quartz· 3 days agoThe Federal Reserve raised its benchmark interest rate today (July 26) by 25 basis points, and where it goes next is literally anyone’s guess. There were no hints forthcoming ...
Fed, Powell Lay Out Inflation Expectations
Zacks via Yahoo Finance· 3 days agoThe first, ahead of today’s open, was the Consumer Price Index (CPI) for May, which came in better than expected: 0.0% month over month (decidedly not...
US job market shows signs of cooling
KSL Salt Lake City· 14 hours agoLabor market momentum is ebbing in tandem with the overall economy following 525 basis points worth of interest rate hikes from the Fed since 2022 to...
