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US Fed keeps interest rates unchanged at 5.25-5.5 percent as inflation cools
China Daily· 11 hours agoIn a statement after the two-day policy meeting, the Federal Open...policy-setting body, reiterated that the committee does not expect it will be appropriate to reduce the target range "until ...
Mortgage rates suffer blow in housing market update
Newsweek· 16 hours agoThe Federal Reserve on Wednesday said it anticipates fewer interest rate cuts than it predicted earlier in the year, spurring experts' worries over the...
How the Fed affects credit cards
Bankrate via Yahoo Finance· 18 hours agoFed...likely done with rate raises The Fed began a series of rate increases in March 2022, when inflation was at 8.5 percent, and has lifted up its...
Federal Reserve updates timing of first interest rate cut
TheStreet via Yahoo Finance· 20 hours ago"The Committee does not expect it will be appropriate to reduce the target range until it has gained...
Consumers Are A Mess And Retailers Are Noticing
Forbes· 4 days agoFrom the perspective of retail economic indicators, it’s a mess out there, more so than at any other time since I’ve been covering economic indicators...
US Fed holds interest rates, now sees just one cut this year
AFP via Yahoo Finance· 17 hours agoThe US Federal Reserve left its key lending rate unchanged on Wednesday and penciled in just one...
Financial Services Roundup: Market Talk
The Wall Street Journal· 3 hours agoThat’s up from 60% one year earlier and roughly 50% two years earlier. The share of homes sitting on the market for at least one month has been...
Discount Retailers See Sales Upticks as Paycheck-to-Paycheck Shoppers Trade Down
PYMNTS.com· 3 days agoMost U.S. consumers have no financial safety net to fall back on, per the March edition of the...
Stalled UK growth ‘is a blip’ not a new downturn, City experts say
Evening Standard via Yahoo Finance· 1 day ago“First, growth was never likely to keep up the stonking 0.4% month on month pace achieved in March,...
The Fed indicated rates will remain higher for longer. What does that mean for you?
McComb Enterprise-Journal· 2 hours agoNEW YORK (AP) — Mortgage rates, credit card rates, auto loan rates, and business loans with variable rates will all likely maintain their highs, with consequences for consumer