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Powell: Rate Hikes Aren't the Fed's 'Base Case'
The Wall Street Journal· 7 days agoFederal Reserve Chair Jerome Powell reiterated during his press conference Wednesday that the central bank is unlikely to raise rates further. "Not to...
Gateway - Quartz
Quartz· 16 hours 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 ...
Consumers tapping out amid sticky inflation and slowing job market
TheStreet via Yahoo Finance· 7 hours agoThat has led to a virtuous circle of low unemployment, including the longest stretch under 4% since...
Are Fed Hikes Actually Sparking a US Economic Boom? - Retire Right With Brad White | iHeart
iHeartRadio· 2 days agoFed Chairman, Jerome Powell he said before the start of this year that we could see three rate droppings of the interest rate, but things haven’t worked ...
Stock Market Warning: Is Deflation What Comes Next as the Fed Teases Rate Cuts?
InvestorPlace· 8 hours agoWait… so now the Federal Reserve is going to cut interest rates in 2024? Now, the narrative is that...
Fed’s higher interest rates do not get all the credit for lower inflation
Washington Post· 4 days agoSince beginning its war against inflation two years ago, the Federal Reserve has hiked interest...
Gateway - Quartz
Quartz· 19 hours 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 needs to cut interest rates sooner rather than later - Mohamed El-Erian By Investing.com
Investing.com· 1 day agoThe former CEO of PIMCO argues that while the exact timing of the first rate cut may seem less...
Gas prices set to tumble 10% ahead of the Fourth of July
FOX Business· 27 minutes agoGasoline prices tend to rise during the peak summer driving season, but Americans may be in luck...
What will the Federal Reserve do now?
BizPac Review· 1 day agoIn June 2022, when the annual inflation rate peaked at 9.1%, the Federal Reserve began to raise interest rates. The rate hikes took the Federal Funds < ...