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Jobless claims jump to highest level in 10 months
Market Watch· 22 hours agoEconomists polled by The Wall Street Journal had estimated new claims would fall to 225,000. On an unadjusted basis, claims rose 38,530 to 234,707 in the...
Stung by Past Mistakes, a Wary Fed Takes Its Time
The Wall Street Journal· 1 day agoJerome Powell’s approach on inflation forecasts and rate cuts amounts to “trust, but verify.”
Powell Sees ‘Good, but Not Great’ Inflation Readings for Rest of 2024
Barrons.com· 2 days agoFederal Reserve Chair Jerome Powell predicts inflation will continue to trend lower this year—albeit...
No rate cuts in June and only one expected in 2024
The Forex Market· 3 hours agoThe Federal Open Market Committee (FOMC) did not announce any federal fund rate cuts at its June meeting, which concluded Wednesday afternoon. The...
Fed’s rate-cut path in 2024 is a ‘very close call’ as market awaits Powell’s guidance
MarketWatch via Yahoo Finance· 3 days agoAll eyes will be on Federal Reserve Chair Jerome Powell on Wednesday afternoon, after investors get...
Powell: Rate Hikes Aren't the Fed's 'Base Case'
The Wall Street Journal· 2 days agoFederal Reserve Chair Jerome Powell reiterated during his press conference Wednesday that the central bank is unlikely to raise rates further. "Not to...
Opinion | The Fed’s interest rate mistake is a gift for Trump
MSNBC via Yahoo News· 1 day agoOn Wednesday, the Federal Reserve announced it is leaving interest rates unchanged at around 5.3%,...
When Does Jerome Powell Start Speaking Today—and How to Watch
Barrons.com· 2 days agoThe Federal Open Market Committee will conclude its two-day April policy meeting today, before...
Inflation data could help decide rate cut timetable | Times News Online
Times News· 59 minutes agoOne key issue is a sentence the Fed added to its statement on May 1: It said “there has been a lack...
Mortgage Rates Inch Down. Housing Is Still a Mess.
Barrons.com· 18 hours agoBob Broeksmit in a June 13 note. Despite the slight drop in rates, the housing market is still feeling the effect of tight monetary conditions. Just ask...