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US inflation reached a new 40-year high in June of 9.1%
KRGV Rio Grande Valley· 10 minutes agoSurging prices for gas, food and rent catapulted U.S. inflation to a new four-decade peak in June, further pressuring households and likely sealing the case for another large interest rate hike ...
Fed's favored inflation gauge slows in April while price increases remain sticky
Yahoo Finance· 5 days agos release. “We forecast that further improvement in inflation is in the cards over the coming months...
US job openings drop in April, as labor market normalizes
Reuters via Yahoo Finance· 16 hours agoThe ratio, watched closely by Fed Chair Jerome Powell as a sign of labor market tightness, is well...
Inflation pressures lingering from pandemic are keeping Fed rate cuts on pause
WDTN-TV 2 Dayton· 7 days agoWASHINGTON (AP) — Hopes for interest rate cuts this year by the Federal Reserve are steadily fading,...
Hiring Gauge Spurs Treasury Yields to Major Two-Day Drop
Bloomberg via Yahoo Finance· 12 hours ago(Bloomberg) -- A global bond rally gathered pace Tuesday, with some Treasury benchmark yields...
Cleveland Fed names former Goldman Sachs executive Beth Hammack to succeed Mester as president
Associated Press· 7 days agoHammack was named a partner in 2010. Hammack’s appointment comes at a critical moment for the Fed....
Stock market today: US indexes rally after cool inflation data
Business Insider via Yahoo Finance· 4 days agoU.S. Federal Reserve Board Chairman Jerome Powell arrives at a news conference at the headquarters...
Jerome Powell’s Federal Reserve is stuck in a self-defeating paradox that makes cutting rates more...
AOL· 3 days agoThe Federal Reserve has talked financial markets into creating an easier environment, which paradoxically makes lowering rates a more difficult task for the central bank, a top economist said ...
Fed’s Williams expects inflation to cool in the second half of the year
Market Watch· 6 days agoInflation has been sticky over the first four months of the year, but Williams said this was not the...
Best CD rates today: Lock in competitive APYs for the strongest returns into next year — June 4,...
AOL· 19 hours agoThe Powell-led rate-setting panel will announce a rate decision at the conclusion of its meeting on...