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Why the Fed may want to cut rates to tame inflation, according to BlackRock's bond chief
Business Insider via Yahoo Finance· 2 hours agoInflation has come down dramatically from its peak, another reason rate cuts are in order, Rieder...
World's largest asset manager wants Fed to reverse course: Slash rates to tame inflation
Fortune· 35 minutes ago“I’m not certain that raising interest rates actually brings down inflation,” Rieder told Bloomberg’s David Westin for an upcoming episode of Wall Street Week airing Friday ...
Mortgage Rates Go Down Over the Last Week: Current Mortgage Rates for May 17, 2024
CNET· 13 hours agoThe average 30-year fixed mortgage interest rate is 7.02% today, a decrease of -0.12% since one week...
Think Inflation Is Cooling? Think Again.
Barrons.com· 2 hours agoThe entire chorus of Fed speakers echo Chair Jerome Powell’s message that, with the lack of sufficient progress to the central bank’s 2% inflation...
A Big Week for Inflation and Economic Data... So, When Will the Fed Cut Rates?
InvestorPlace· 4 hours agoThis week, Wall Street had its eye on two key inflation reports as well as a critical piece of...
Mortgage rates dip lower on positive inflation news, hold at near 7%: Freddie Mac
FOX Business· 9 hours agoMortgage rates topped 7% again this week, but April inflation numbers are a promising step toward...
Dow Jones closes above 40,000 for first time in history amid hopes of Federal Reserve rate cut
The Independent via Yahoo Finance· 2 hours agoThe record-setting closing comes as firms expect the Federal Reserve to cut interest rates at some...
Fed's Bowman sees inflation remaining higher for longer, won't rule out a rate hike
AOL· 7 hours agoFed Governor Michelle Bowman said Friday she expects inflation to remain elevated and repeated that...
Inflation data saw a welcome cooldown in April. Have odds improved for a Fed rate cut?
Berkshire Eagle· 6 hours agoThis week's inflation data heartened investors. Equities and commodities rose while bond yields and...
The Rise of Inflation and the Downturn of Refinancing Rates for Auto and Title Loans - LoanMart
FOX 4 Kansas City· 5 hours agoAs the cost of living increases throughout the country and the Bureau of Labor Statistics reports ...