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A check on inflation and whether interest rates could be lowered
WLRN Miami· 7 days agoConsumer prices rose less than expected last month and less than they did in April. The cost of living report from the Labor Department comes just in time for a Federal Reserve ...
Consumers want a break on prices and interest rates but Fed keeps rates high
Detroit Free Press via Yahoo Finance· 6 days agoThe U.S. unemployment rate hit 14.7% in April 2020 during the start of the pandemic. The economy...
Fed Decision: Analysts now expect 2 rate cuts in 2024, but watch out for inflation
Investing.com via Yahoo Finance· 7 days agoAnalysts tend to predict that the first cut will occur...inflation report shows a new surge in prices, traders may need to adjust their expectations, risking a drop in stocks ...
How the Fed affects credit cards
Bankrate via AOL· 6 days agoThis means that when the Fed starts hiking its target rate, the prime rate also goes up. And when the prime rate goes up, variable interest ...
A Big Bond Rally Is Promising Help for Home Buyers
The Wall Street Journal· 2 days agoThe sharp rise in bond prices has pushed down the yield on the 10-year U.S. Treasury note, a benchmark for mortgage rates and other borrowing costs...
Nasdaq, S&P 500 post all-time closing highs for 4th day as tech boosts By Reuters
Investing.com· 6 days agoThe number of Americans filing new claims for unemployment benefits increased last week and another...
Peso may move sideways as market awaits economic data - BusinessWorld Online
BusinessWorld· 3 days agoTHE PESO could trade sideways against the dollar this week as the market awaits the release of local...
Majority of rates fall | Mortgage rates for today, June 14, 2024
Bankrate.com· 5 days agoAverage mortgage rates were mostly down compared to a week ago, according to rate data compiled by Bankrate. The average rates for 30-year fixed, 15-year ...
Fed Projects Just One Cut This Year Despite Mild Inflation Report
The Wall Street Journal via Yahoo Finance· 6 days agoThey face two risks. One is that there is more pain to come as...least prepared for and most...
Debt-burdened Americans find no reprieve even as inflation cools
Politico via Yahoo Finance· 7 days agoBut he and his fellow policymakers are watching rising prices in labor-intensive service sectors, and Labor Department data last week showed wages were ...