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Fed leaves rates unchanged, sees only one 2024 cut despite inflation progress
Reuters via Yahoo Finance· 5 days agoWith growth and unemployment lodged at levels better than the U.S. central bank considers...
The Fed isn't really taking 2 rate cuts off the table
AOL· 4 days agoOn Wednesday, the Federal Reserve revised its outlook for interest rate policy in 2024, signaling just one cut instead of the three seen back in March. A disappointing outlook on the surface ...
Bitcoin price today: Edges below $66k as crypto market mixed
Investing.com via Yahoo Finance· 9 hours agoFederal Reserve policymakers said there has been “modest further progress” toward its 2% inflation objective. At the press conference, Federal Reserve Chair Jerome Powell ...
Fed won't move interest rates this week, but meeting will still be a feast for economists
Morningstar· 6 days agoEconomists generally agree that the strong May jobs report, released on Friday, seemed to shut the door on any rate cut at the July meeting. Fed Chairman Jerome Powell is ...
Fed Chair Powell Tempers Market Excitement: 'We Want To Gain Further Confidence' On Inflation
Benzinga· 5 days agoFederal Reserve Chair Jerome Powell reiterated during his June press conference that policymakers...
Mohamed El-Erian has blunt words for the Fed on interest rates
TheStreet.com· 1 day agoFed officials have forecast one rate cut for this year. Experts’ views vary widely about when the Federal Reserve will start cutting interest rates and by how much. Harvard economist Larry Summers ...
3 Stocks That Could Soon Follow Nvidia to the $3 Trillion Club
InvestorPlace· 3 hours agoWhile it is self-apparent that Fed’s rate cuts lead to cheaper cost of capital, it matters why the...
The Fed confirms that Americans will have to wait longer for interest rate cuts
Business Insider via Yahoo News· 5 days agoIt means that interest rate cuts will likely not happen until the second half of the year. Powell...
Futures pull back as investors await data, Fed comments
MSN News· 4 hours agoBy Lisa Pauline Mattackal and Ankika Biswas (Reuters) -Futures tracking Wall Street's main indexes...
The Real Story Behind the Fed's "Soft Landing" Narrative
Ludwig von Mises Institute· 4 days agoThe target rate has now been flat at 5.5 percent since July of 2023—as the Fed waits and hopes that...