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Fed projects higher inflation, just one rate cut for 2024
The Hill via Yahoo Finance· 3 days agoThe Federal Reserve is projecting one interest rate cut of a quarter of a percent this year, down...
Here’s What It’s Really Like To Be a Social Security Recipient in 2024
GOBankingRates via Yahoo Finance· 1 day agoOver 50 million retired workers collect Social Security benefits in the U.S., with the average...
Fed holds interest rates steady, indicates just one possible cut by year's end
United Press International via Yahoo Finance· 3 days agoInflation remains above the Fed's long-term goal of 2% with personal consumption expenditures rising...
US wholesale prices dropped in May, adding to evidence that inflation pressures are cooling
WKMG ClickOrlando· 2 days agoWholesale price increases fell in May, the latest sign that inflation pressures in the United States may be easing as the Federal Reserve considers a timetable for cutting interest rates. The ...
Tech Powers Stocks as Adobe Surges in Late Trading: Markets Wrap
Bloomberg via Yahoo Finance· 2 days ago(Bloomberg) -- Stocks closed at a fresh all-time high as tech rallied, with Treasury yields sinking...
Gabelli Funds Commentary: GAMCO All Cap Value Fund Commmentary for May 2024
GuruFocus.com via Yahoo Finance· 2 days agoStocks were higher as investors were encouraged by April's inflation report, which strengthened market expectations for the Federal Reserve to lower interest rates soon, fueling optimism for ...
Fed Officials Predict Taming Inflation Will Take Longer
Barrons.com· 3 days agoAfter stronger price growth readings during the first quarter, Federal Reserve officials predicted...
Fed, Powell Lay Out Inflation Expectations
Zacks via Yahoo Finance· 3 days agoThe Fed’s favored inflation metric is the PCE report, which comes out at the end of this month. PCE stands for Personal Consumption Expenditures ...
Slight Decline for the Dollar as the Fed Signals a Cut
FX Empire via Yahoo Finance· 2 days agoMay’s inflation was 0.1% lower than the consensus...
Goolsbee is thrilled by low inflation readings but says Fed needs more proof that prices are easing
Market Watch· 18 hours agoA slowdown in inflation in May was a big step in the right direction, the Chicago Federal Reserve...