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US Fed pencils in one interest rate cut this year
BBC via Yahoo Finance· 1 day agoThat compares with 3.4% in the 12 months to April. However, between April and May inflation was unchanged and it remains above the Fed's 2% target. ...
The Fed just penciled in only one interest rate cut this year—but officials are divided on policy
Fortune· 2 days agoMarket Committee (FOMC) meeting, a move that was widely anticipated by Wall Street. The Fed also projected slightly higher inflation ahead, and in order to cut rates, Fed Chair Jerome ...
Fed rate cut bets face another CPI test as Powell seeks patience
TheStreet via Yahoo Finance· 2 days agoThat position, expected to be sketched out in detail through fresh growth and inflation projections...
Fed leaves rates unchanged, sees only one 2024 cut despite inflation progress - BusinessWorld Online
BusinessWorld· 1 day agoWith growth and unemployment lodged at levels better than the US central bank considers sustainable...
Fed Diverges From Global Peers in New Era of Higher for Longer
Bloomberg via Yahoo Finance· 10 hours ago(Bloomberg) -- The Federal Reserve’s move to signal fewer interest-rate cuts this year deepens its...
Jim Cramer's top 10 things to watch in the stock market Thursday
CNBC· 1 day agoThe S & P 500 and Nasdaq rallied to record highs on the CPI data despite a cautious tone from the...
Fed Signals One Rate Cut This Year, But Keeps Door Open to Two
Bloomberg via Yahoo Finance· 2 days ago(Bloomberg) -- Federal Reserve officials dialed back their expectations for interest-rate cuts this...
Fed meeting, benign inflation keep soft landing hopes alive
Reuters· 1 day agoSoft landing hopes that have powered U.S. stocks this year received a boost following encouraging...
Stock market today: US stocks close at record highs after encouraging May inflation and Fed...
Business Insider via Yahoo Finance· 1 day agoUS Federal Reserve Board Chairman Jerome Powell.Anna Moneymaker/Getty Images US stocks rose to fresh...
US import prices post first drop in five months in May
MSN News· 35 minutes agoBy Lucia Mutikani WASHINGTON (Reuters) -U.S. import prices unexpectedly fell in May amid lower prices for energy products, providing another boost to the domestic inflation outlook. The report ...