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Housing market seeks Fed rate-cut relief as sales slump
TheStreet.com· 6 hours agoThe Commerce Department reported Thursday that new housing starts, which comprise both single-family homes and multifamily units, fell to the lowest levels since 2020 last month amid sky-high ...
Gateway - Quartz
Quartz· 2 days agoIn a closely watched speech at the Jackson Hole Economic Symposium in Wyoming on Friday, Federal Reserve chair Jerome Powell refused ...
Fed Chair Powell scheduled for July 9 Senate Banking testimony
Reuters via Yahoo Finance· 3 days ago(Reuters) -U.S. Federal Reserve Chair Jerome Powell is scheduled to give his semiannual testimony on...
Gateway - Quartz
Quartz· 2 days agoThe Federal Reserve is not likely to change its hawkish stance anytime soon. When questioned on rate hikes, Powell is therefore expected to say more interest ...
‘Do your job’: Warren blasts Powell on bank rules
The Hill via AOL· 2 days agoBanking regulators have been dragging their heels on finalizing rules set up to dampen the effect of another potential financial crisis like the one in...
What's Next for the Federal Reserve as Expectations for Interest Rate Cuts Mount?
Investopedia via Yahoo Finance· 6 days agoAs inflation reports indicate that price pressures are moderating, expectations are building for the...
Gateway - Quartz
Quartz· 3 days 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 ...
Interest rates will remain higher for longer, say BlackRock analysts
Yahoo Finance UK· 2 days agoReserve rate cuts in 2024. However, recent trends indicate a shift towards sustained higher rates....
America’s top central banker says the job market is back to normal. Is that true? | CNN Business
CNN.com· 4 days agoThe Fed chief said that the job market has come into “a better balance” over the past few years as...
The Fed Is Muddling Its Message
Barrons.com· 3 days agoMost private sector forecasters now expect core PCE...approaching the onset of a new monetary policy cycle. But the focus and debate around the timing of...