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US consumers show the Fed its backward problem with high rates: Morning Brief
Yahoo Finance via AOL· 8 hours agoConsumer confidence rebounded in May, but there are signs this data is being driven by wealthier...
Jerome Powell’s Fed is beginning to think its interest rate hikes ‘may be having smaller effects...
Fortune· 7 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. Many officials ...
Jamie Dimon says there’s a chance the Fed could actually hike rates further—and no, the global...
Fortune via Yahoo Finance· 6 days agoAnalysts eagerly await the day Jerome Powell announces rate cuts, but JPMorgan CEO Jamie Dimon fears...
Inflation pressures lingering from pandemic are keeping Fed rate cuts on pause
WJXT Jacksonville· 16 hours agoHopes for interest rate cuts this year by the Federal Reserve are steadily fading, with a stream of...
CD rates today, May 29, 2024 (up to 5.15% APY)
Yahoo Personal Finance· 8 hours agoHowever, it has indicated the need to make three rate cuts throughout 2024 as inflation cools and economic growth improves. Fed Chairman Jerome Powell...
Are Stocks About to Crash?
GoldSeek.com· 11 hours agoMost of the recent rise, of course, has been due to Nvidia and the AI craze, while the rest of the market is not looking nearly as strong. 350 stocks in the S&P 500 went down, meaning there ...
Dow Falls 300 Points After Fed Minutes
Barrons.com· 7 days agoStocks fell further following the release of meeting minutes from the Federal Open Market Committee’s recent meeting. The Nasdaq Composite was down 0.6%....
Cleveland Fed names former Goldman Sachs executive Beth Hammack to succeed Mester as president
CW39 NewsFix· 3 hours agoWASHINGTON (AP) — The Cleveland branch of the Federal Reserve said Wednesday that Beth Hammack, a...
The cost of pressuring the Fed
Politico· 6 hours agoWhich brings us to Trump’s Twitter feed. Fed Chair Jerome Powell was a frequent target of the then-president’s online barrages in 2018 and 2019, when Trump ...
The Stock Market Keeps Going Back and Forth on Interest Rates. How to Play It.
Barrons.com· 1 day agoUncertainty about how the economy and price growth will progress in the months ahead could lead to...
