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Top CDs Today, June 3, 2024 - Leading 18-Month Rate Falls
Investopedia· 15 hours agoTo combat decades-high inflation, the Federal Reserve aggressively hiked the federal funds rate between March 2022 and July 2023, raising the benchmark rate to its highest level in 22 years.
The Fed Won’t Cut Rates This Year
Barrons.com· 4 days agoThe September meeting will be “live,” meaning a decision could be made in the moment, but again, the data aren’t likely to cooperate, due to the...
Report identifies single-family zoning as hurdle in making Tennessee’s housing market affordable
Tennessee Lookout via Yahoo News· 3 hours agoFrom Jefferson to Davidson to Shelby Counties, Tennessee has a housing affordability problem as the...
A Trump Win Is Seen as a Risk to Fed Independence: Poll
Bloomberg via Yahoo Finance· 2 days ago...Bloomberg) -- The Federal Reserve will face a significant risk of losing its independence to...
Key Rates Move Higher for Homebuyers: Mortgage Interest Rates Today for May 29, 2024
CNET· 6 days agoThe average 30-year fixed mortgage interest rate is 7.13% today, up 0.11% compared to one week ago....
Cleveland Fed announces Beth Hammack as new leader
The Cleveland Plain Dealer· 6 days agoThe Federal Reserve Bank of Cleveland announced Wednesday that Beth Hammack will be come the organization’s next president and CEO, succeeding the bank’s...
Rates Climb for Home Loan Borrowers: Mortgage Rates for May 31, 2024
CNET· 4 days agoA few major mortgage rates are moving up. Here's what to expect if you're in the market for a home...
Key Fed Inflation Rate Falls, Lifting Rate-Cut Hopes
Investor's Business Daily· 4 days agoThe personal consumption expenditures, or PCE, price index rose 0.3% in April, in line with estimates. Typically, Federal Reserve decision-making puts...
Cleveland Fed appoints Goldman Sachs exec as its new president/CEO - Pittsburgh Business Times
The Business Journals· 6 days agoThe Federal Reserve Bank of Cleveland on Wednesday said Beth M. Hammack will be its next president...
The Fed’s favorite inflation gauge showed little progress last month
CNN Business via AOL· 4 days agoInflation in April remained at the same stubbornly high level as in March. That means costs...