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Cleveland Fed names former Goldman Sachs executive Beth Hammack to succeed Mester as president
Erie News Now Plus· 6 days agoHammack's appointment comes at a critical moment for the Fed. Chair Jerome Powell has emphasized that the central bank will keep its key rate at a 23-year ...
Best CD rates today: Act now to lock in 5.15% APY and higher into next year — May 31, 2024
AOL· 5 days agoGenerally, if you have the money for a higher initial deposit, you can earn a higher APY — just be...
The Fed Won’t Cut Rates This Year
Barrons.com· 4 days agoCentral bank officials, who had lifted rates by 5.25 percentage points from March 2022 through July 2023 to curtail a spike in inflation, had penciled in...
US job openings hit three-year low
Newsweek· 6 hours agoJobs available for Americans fell by hundreds of thousands in April to their lowest level since 2021 in what analysts say is a return to normal for the...
An inflation gauge closely tracked by Federal Reserve rises at slowest pace this year - WTOP News
WTOP Washington· 4 days agoThe latest figures could provide some tentative reassurance for Fed officials, who aggressively...
Fed's stance of higher for longer likely not shaken by new inflation reading
Yahoo Finance· 4 days agoThe Fed's stance of holding interest rates higher for longer likely won't be shaken following a...
How Long Will Interest Rates Stay High?
GoBankingRates via AOL· 3 days agoLouis. Higher rates make borrowing money less affordable, which means you might have to adjust your budget...depend on whether the Federal Reserve...
JPMorgan Sees Ample Demand for Growth in Treasury Bill Supply
Bloomberg via Yahoo Finance· 1 day ago(Bloomberg) -- The US Treasury appears to have scope to boost the supply of short-term bills as a...
Mortgage rates tick up as Fed signals delay on interest rate cuts: Freddie Mac
FOX Business· 4 days agoMortgage rates reversed course this week and headed north of 7% again, following several weeks of...
U.S. job openings fall to three-year low in April
Fast Company Magazine· 7 hours agoThe ratio, watched closely by Fed Chair Jerome Powell as a sign of labor market tightness, is well below its post-pandemic peak of nearly two to one, and...