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Jerome Powell’s Fed is beginning to think its interest rate hikes ‘may be having smaller effects...
Fortune· 5 days agoMinutes of the May 1 meeting released Wednesday showed that officials also debated whether their key rate was exerting enough of a drag on the economy to further slow inflation ...
Long-term mortgage rates ease for third straight week, dipping to just below 7%
ABC 10 Sacramento· 11 hours agoThe rate fell to 6.94% from 7.02% last week, mortgage buyer Freddie Mac said Thursday.
Best CD rates today: Turn time into money with today's highest CD APYs — May 21, 2024
AOL· 6 days agoThe Powell-led rate-setting panel will announce a rate decision at the conclusion of its meeting on...
Long-term mortgage rates ease for third straight week, dipping to just below 7%
WKMG ClickOrlando· 4 days agoThe rate fell to 6.94% from 7.02% last week, mortgage buyer Freddie Mac said Thursday. This is the...
Possible Fed interest rate cuts "off the table for now" - Bank of America By Investing.com
Investing.com· 3 days agoFederal Reserve interest rate cuts are "off the table for now" following recent commentary from...
Wall Street retreats from its records as worries about high interest rates weigh
Detroit News· 5 days agoThe Dow Jones Industrial Average sank 201.95, or 0.5%, to 39,671.04, and the Nasdaq composite...
‘Various’ Fed officials said they were willing to hike interest rates if needed, minutes show
Market Watch· 5 days agoThe Fed released a summary of their April 30-May 1 closed-door discussion three weeks after the...
BlackRock’s bond guru Rick Rieder says the Fed’s favorite inflation firefighting strategy is no...
Fortune· 4 days agoThis orthodox...its success over the past few years in Federal Reserve Chair Jerome Powell’s battle against inflation. Between March 2022 and July 2023, Powell< ...
Mortgage rates fall below 7% for first time in over a month in boost for homebuyers
NY Post via Yahoo Finance· 4 days agoTreasury yields have largely been easing since Federal Reserve Chair Jerome Powell said earlier this...
Interest rate cuts have a complicated history with the stock market: Morning Brief
Yahoo Finance· 6 days agoAll else equal, lower interest rates benefit riskier assets like stocks, bringing down the return...