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The Fed Rate Is Unchanged. Here’s What That Means For Your Wallet
Forbes· 2 days agoWhile inflation remains elevated (Consumer Price Index at 3.3% and Core PCE at 2.7%), keeping rates...
Gateway - Quartz
Quartz· 5 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 of the Fed no longer expects the US economy ...
Gateway - Quartz
Quartz· 5 days agoThe Federal Reserve is not likely to change its hawkish stance anytime soon. When questioned on rate hikes, Powell is therefore expected to say more interest rate ...
Fed, Powell Lay Out Inflation Expectations
Zacks via Yahoo Finance· 6 days agoThe first, ahead of today’s open, was the Consumer Price Index (CPI) for May, which came in better than expected: 0.0% month over month (decidedly not...
The Fed Is Stuck In Wait-and-See Mode on Rate Cuts
Barrons.com· 5 days agoFederal Reserve officials aren’t making any strong assumptions about where inflation or interest rates are going this year. No one sees a recession in...
Gateway - Quartz
Quartz· 5 days agoAfter a series of additional 25 basis point hikes in 2023, the federal funds rate now stands between 5.25% and 5.50%. The central bank’s summary of economic projections suggest ...
Looking for a low mortgage rate? Pay attention to these 3 upcoming dates
CBS News· 2 days agoMortgage interest rates plummeted to near-record lows in 2020 thanks to the pandemic and interest ...
Fed's Musalem signals wary approach to cutting rates in debut speech
Reuters via Yahoo Finance· 5 days agoLouis Federal Reserve President Alberto Musalem said on Tuesday, in his first public comments on...
Mortgage rates move down after Fed meeting
Bankrate via AOL· 4 days agoRates have bounced around this year as the outlook for the Federal Reserve’s long-awaited rate cuts grows cloudier. Current mortgage rates Loan type...
Fed’s Musalem Suggests Interest-Rate Cuts Could Be Delayed for Some Time
Bloomberg· 5 days agoHave a confidential tip for our reporters? Federal Reserve Bank of St. Louis President Alberto...
