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Don't expect many interest rate cuts in 2024
Detroit Free Press via Yahoo Finance· 5 days agoDespite Federal Reserve Chairman Jerome Powell's emphasis on the need for higher confidence on inflation and the Fed's updated median projections...
‘Do your job’: Warren blasts Powell on bank rules
The Hill via Yahoo Finance· 1 day agoBanking regulators have been dragging their heels on finalizing rules set up to dampen the effect of another potential financial crisis like the one in...
The Fed Is Muddling Its Message
Barrons.com· 2 days agoBoth the Bank of Canada... lowered rates by 25 basis points this month. (A basis point is one-hundredth of a percent.) The central banks accompanied...
Gateway - Quartz
Quartz· 1 day agoIn a closely watched speech at the Jackson Hole Economic Symposium in Wyoming on Friday, Federal Reserve chair Jerome Powell refused to name a so-called ...
Fed’s higher interest rates do not get all the credit for lower inflation
Washington Post· 5 days agoSince beginning its war against inflation two years ago, the Federal Reserve has hiked interest...
Gateway - Quartz
Quartz· 2 days agoAlong with a decision to raise benchmark interest rates by another 25 basis points in July, Federal Reserve chair Jerome Powell revealed that the staff ...
Mortgage Rates Inch Down. Housing Is Still a Mess.
Barrons.com· 7 days agoJust ask Federal Reserve Chair Jerome Powell, who mentioned the effects of high interest rates on homebuying in Wednesday’s press conference, noting that...
Analysis-Global central banks recalibrate as the big policy easing of 2024 fizzles
Reuters via Yahoo Finance· 3 days agoRate cuts are "a topic of discussion out in the world and also a discussion for us," Federal Reserve...
Stocks fight Fed forecasts after rate cut bets reset
TheStreet via Yahoo Finance· 6 days agoThe Fed kept its benchmark lending rate at between 5.25% and 5.5%, the highest in more than two decades, following a two...world's biggest economy eased...
What's next for US interest rates?
The Week via Yahoo Finance· 2 days agoAt its June meeting, the Fed also revised its earlier plans to make multiple rate cuts throughout the year. Now, it plans to make just one cut before the...
