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The Fed Won’t Cut Rates This Year
Barrons.com· 5 hours agoBut the Fed, under Chairman Jerome Powell, is an avowedly data-dependent institution, and the data haven’t complied with either forecast. Specifically,...
An inflation gauge closely tracked by the Federal Reserve rises at slowest pace this year
Los Angeles Times· 4 hours agoThe figures could provide reassurance for Fed officials, who aggressively raised interest rates to...
Don’t Expect the Fed to Cut Interest Rates This Year
Barron s Online· 5 hours agoFederal Reserve Chairman Jerome Powell and his team had hoped to lower rates in 2024. Elevated inflation, a resilient economy, and a still-strong, if...
Key Fed Inflation Rate Falls, Lifting Rate-Cut Hopes; S&P 500 Rises
Investor's Business Daily· 5 hours agoThis metric unveiled by Federal Reserve chair Jerome Powell in late 2022 measures changes in core...
Best CD rates today: Act now to lock in 5.15% APY and higher into next year — May 31, 2024
AOL· 13 hours agoAn updated personal consumer spending report is due on May 31, offering another clue as to whether...
June Mortgage Rate Forecast - NerdWallet
Nerdwallet· 6 hours agoMortgage rates probably won't vary much in the first week and a half of June. In the last two-plus years, two items have exerted an especially big...
India brings 100 tons of Gold home for safe keeping
The Forex Market· 2 hours agoThe Reserve Bank of India recently brought a little over 100 tons of gold home. The Indian central bank repatriated the gold from vaults in the UK....
Fed's favored inflation gauge slows in April while price increases remain sticky
Yahoo Finance via AOL· 13 hours agos release. “We forecast that further improvement in inflation is in the cards over the coming months...
Inflation Is Cooling – Here’s What This Means for the Fed and Investors
InvestorPlace· 4 hours agoThe stock market has been exhibiting some rather strange behavior lately. One week, the AI boom is...
Mortgage rates tick up as Fed signals delay on interest rate cuts: Freddie Mac
FOX Business· 9 hours agoMortgage rates reversed course this week and headed north of 7% again, following several weeks of...