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There are still plenty of 5.4%-and-up CDs — but for how much longer? ‘June is a good time to buy...
Market Watch· 1 day agoOf the 100 economists recently polled by Reuters, the majority said that the Fed will wait until...
Fed’s favorite inflation metric shows signs of slowing in April
Deseret News via Yahoo Finance· 4 days agoU.S. inflation is still on the rise, but a report released Friday shows that the rate of price...
Cleveland Fed taps new chief
The Hill· 6 days agoStarting Aug. 21, Hammack will succeed Loretta Mester, who steps down June 30. First Vice President Mark Meder will serve as the interim president. “It...
Inflation pressures lingering from pandemic are keeping Fed rate cuts on pause
WKMG ClickOrlando· 6 days agoHopes for interest rate cuts this year by the Federal Reserve are steadily fading, with a stream of...
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...
Cleveland Fed Names Former Goldman Sachs Executive Beth Hammack to Succeed Mester as President
US News & World Report· 6 days agoHammack, a former executive at investment bank Goldman Sachs, would be its next president effective Aug. 21. Hammack was named a partner in 2010. Hammack's appointment comes at a critical moment ...
Best CD rates today: Level up your short-term savings goals at more than 5% APY — June 3, 2024
AOL· 1 day agoResponding to inflation concerns, Federal Reserve Chair Jerome Powell said on May 15 that while he...
A Trump Win Is Seen as a Risk to Fed Independence: Poll
Bloomberg via Yahoo Finance· 2 days ago(Bloomberg) -- The Federal Reserve will face a significant risk of losing its independence to...
Goldman's Beth Hammack has a new job: Cleveland Fed president
Business Insider via Yahoo Finance· 5 days agoThe central bank raised borrowing costs from close to zero to around 5.5% between March 2022 and...
How the Federal Reserve drives the boom-bust cycle
The Forex Market· 18 hours agoThe Federal Reserve was sold as a way to "provide the nation with a safer, more flexible, and more stable monetary and financial system." In fact, the...