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Higher interest rates are here to stay – and it could transform our retirements
The Telegraph via Yahoo Finance· 1 day agoCentral banks on both sides of the Atlantic are remembering that it is far easier to let inflation...
5 Large-Cap Blend Mutual Funds to Build a Solid Portfolio
Zacks via Yahoo Finance· 2 hours agoMajor concerns for investors are the sticky inflation rate, which lingers above the Fed’s 2% target,...
PCE Inflation Data for April: What Economists Expect
The Wall Street Journal· 48 minutes agoAre inflationary pressures abating? Investors will get a fresh look at 8:30 a.m. ET, when the Federal Reserve's favored inflation metric is due. Here's...
Retired benefit from Fed’s interest rate increases to lower inflation | HeraldNet.com
Everett Herald· 5 hours agoThe Federal Reserve has historically desired a 2 percent inflation rate and uses the interest rate to control it. Inflation occurs when the value of money ...
Euro zone inflation rises to 2.6% in May, but bloc still seen heading for interest rate cut
CNBC· 4 hours agoInflation in the euro zone rose to 2.6% in May, statistics agency Eurostat said Friday, but a...
Wall Street tests the market fallout of a Trump-Biden rematch
Bloomberg via Yahoo Finance· 4 hours ago(Bloomberg) — This much is clear for the financial markets: The US presidential election is likely...
Mortgage approvals dip despite increase in lending
PA Media: Money via Yahoo Finance· 3 hours ago“The average interest rate paid on newly-drawn mortgages increased slightly by 7 basis points to 4.74%, reflecting some higher mortgage pricing on the...
The Fed indicated rates will remain higher for longer. What does that mean for you? | amNewYork
amNewYork· 1 hour agoThe central bank kept its key rate at a two-decade high of roughly 5.3%, where it has been since...
Fed's Bostic signals central bank unlikely to cut interest rates in July
Fox Business via Yahoo Finance· 17 hours agoAtlanta Federal Reserve President Raphael Bostic signaled Thursday that he would not support an ...
‘Not all debt needs to be paid off as soon as possible,' says CFP—what to focus on first
NBC New York· 37 minutes agoHousehold debt rose to $17.69 trillion in the first quarter of 2024, according to the New York...