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What The Fed Is Looking For In May’s CPI Report
Forbes· 7 days agoThe Federal Open Market Committee will analyze May’s Consumer Price Index data closely to determine if inflation is trending toward its 2% target. The...
With No Rate Cut Expected, Here’s What To Watch At June’s FOMC Meeting
Forbes· 2 days agoThe Federal Open Market Committee is unlikely to adjust rates at its upcoming meeting on June 11-12....
Banking and Consumer Regulatory Digest - May 2024 - 2 | JD Supra
JD Supra· 5 days agoOn May 10, 2024, a federal district judge in the Northern District of Texas granted a preliminary injunction that for now stays CFPB's rule capping most credit card late fees at $8. The court's ...
Rising Treasury yields have rattled the stock market. Relief may be on the way.
Market Watch· 6 days agoRead: Why stocks are selling off despite easing 10-year Treasury yields? Conversely, yields rise...
Millions of Americans over 55 still owe money on student debt: Survey
Just the News· 6 days agoMore than two million Americans aged 55 and older still have student loan debts as of 2022, according to a new survey released Wednesday. The Federal Reserve Board’s 2022 Survey of Consumer ...
Inflation pressures lingering from pandemic are keeping Fed rate cuts on pause
Anchorage Daily News· 6 days agoHopes for interest rate cuts this year by the Federal Reserve are steadily fading, with a stream of...
Point of view: Special Drawing Rights Reconsidered
IMF· 19 hours agoThe IMF’s principal purpose, according to its Articles of Agreement, is to promote international monetary cooperation by providing “the machinery for consultation and collaboration on international ...
Ex-Treasury Secretary Larry Summers Warns Trump's Re-Election May Push Mortgage Rates Beyond 10%:...
Benzinga· 2 days agoFormer Treasury Secretary Larry Summers, who is on the “inflation truthers” camp, said on Sunday...
Inflation pressures lingering from pandemic are keeping Fed rate cuts on pause
The Columbian· 7 days agoHopes for interest rate cuts this year by the Federal Reserve are steadily fading, with a stream of...
Cleveland Fed names former Goldman Sachs executive Beth Hammack to succeed Mester as president
CW39 NewsFix· 7 days agoWASHINGTON (AP) — The Cleveland branch of the Federal Reserve said Wednesday that Beth Hammack, a...