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This week in Bidenomics: An election tailwind gathers
Yahoo Finance· 1 minute agoWhile the inflation hangover is clearly a risk for Biden, any president running for reelection would...
Fed's Bowman repeats she's willing to hike rates if needed
Reuters· 7 minutes ago"After seeing considerable progress on slowing inflation last year, we have not yet seen further...
Mortgage Rates Go Down Over the Last Week: Current Mortgage Rates for May 17, 2024
CNET· 5 hours agoThe average 30-year fixed mortgage interest rate is 7.02% today, a decrease of -0.12% since one week...
Market Awaits Comments From Key Fed Official
Zacks via Yahoo Finance· 2 hours agoIt’s clearly a slower time, as Q1 earnings season otherwise lowers to simmer. We don’t get a new Fed meeting for another five weeks — so lower inflation...
Top Dividend Stocks To Buy While Interest Rates Remain High
Benzinga via Yahoo Finance· 32 minutes agoThe Federal Reserve has hinted that it will keep interest rates high for longer than expected in...
Mortgage rates dip lower on positive inflation news, hold at near 7%: Freddie Mac
FOX Business· 1 hour agoMortgage rates topped 7% again this week, but April inflation numbers are a promising step toward...
The Fed needs to cut interest rates before inflation comes down, BlackRock's bond chief says
Business Insider· 3 hours ago"I would lay out an argument that actually, if you cut interest rates, you bring down inflation,"...
In two interviews, Biden overstates inflation rate when he took office
Philly.com· 58 minutes agoIn reality, inflation stood at 1.4% when Biden assumed the presidency in January of 2021. “No...
Easing US inflation stokes interest rate cut debate
BBC via Yahoo Finance· 2 days agoExpectations of imminent rate cuts have been repeatedly pushed back since the start of the year, as economic growth holds up...managing director at...
Markets strengthen after US inflation rate cools
Investing.com· 1 day agoRetail sales unexpectedly stalled in April, while headline and core inflation declined. This data reinforced views that the Federal Reserve (Fed) may...