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What the April CPI Report Means for the Fed
The Wall Street Journal· 4 hours agoThe April inflation report, which showed price pressures moderated last month, should allow Federal Reserve officials to stay on hold more comfortably at...
New inflation reading offers hope for Fed rate cuts
Yahoo Finance via AOL· 5 hours agoFollowing the CPI release Wednesday, markets were pricing in a roughly 53% chance the Fed begins to cut at its September meeting, according to data from...
Daily mortgage rates for May 15, 2024: Rates edge down on 30-year, 15-year terms ahead of CPI report
AOL· 8 hours agoSee average mortgage rates for today, for a 30-year fixed mortgage, 15-year fixed, jumbo loans,...
Stock market today: Stocks eye record highs as cooler inflation revives Fed rate cut hopes
Yahoo Finance· 2 hours agoThe relatively cool inflation reading sparked new bets on Fed rate cuts as soon as September....
Inflation Cooled for the First Time in 2024. But Don't Expect Fed Rate Cuts Any Time Soon
CNET· 3 hours agoThe shelter index increased by 0.4%, making housing costs the largest factor in the monthly increase...
Powell speech: Producer Price Index reading was quite mixed
The Forex Market· 1 day agoFederal Reserve Chairman Jerome Powell speaks at a moderated discussion with De Nederlandsche Bank...
Stock markets set records, dollar slides as US inflation cools
AFP via Yahoo Finance· 3 hours agoStock markets struck record highs Wednesday after official data showed US inflation cooled slightly...
Treasuries Rally as US Data Reignites Bets on Fed Cuts This Year
Bloomberg via Yahoo Finance· 3 hours ago(Bloomberg) -- The Treasury market rallied as traders grew more confident the Federal Reserve will...
Fed's Powell says high interest rates may 'take longer than expected' to lower inflation
USA TODAY via Yahoo Finance· 1 day agoFederal Reserve Chair Jerome Powell said Tuesday that “it may take longer than expected” for high...
Best CD rates today: Beat inflation with fixed CD rates that guarantee high returns — May 15, 2024
AOL· 7 hours agoCD rates in the news CD rates strongly correlate with the key interest rate set by the Federal ...