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US economic growth last quarter is revised down from 1.6% rate to 1.3%, but consumers kept spending
San Francisco Chronicle· 17 hours agoConsumer spending rose but at a slower pace than previously thought, a sign that high interest rates...
Mortgage rates edge up as inflation picture remains unclear
Bankrate via AOL· 2 days agoMortgage rates are also chained to inflation, a metric the Fed has been moving to control. While...
Mortgage rates top 7% — again
Yahoo Finance· 23 hours agoBuyers are paying borrowing costs over two times higher than three years ago when rates floated around 3%. At the current average rate, a homebuyer would...
Best CD Rates Today, May 31, 2024: Now's the Time to Take Advantage of High APYs
CNET· 3 hours agoThe clock may be ticking on high rates on certificates of deposit. Top CDs currently offer annual...
Global bonds fall again amid stubborn inflation outlook
InvestmentNews· 6 hours agoFrom the US and Germany to Australia and Japan, the past two weeks have been punishing for investors...
US stocks climb higher after stable PCE inflation data; Dell slumps
Investing.com via Yahoo Finance· 8 hours agoInvesting.com-- U.S. stocks rose Friday, overturning earlier weakness after signs of cooling inflation raised hopes for upcoming interest rates cuts by the Federal Reserve.
EUR/USD walks on thin rope ahead of Eurozone, US inflation readings
The Forex Market· 8 hours agoEUR/USD holds the 1.0800 support with a focus on inflation readings on both sides of the Atlantic....
The Danger of Premature ECB Rate Cuts | by Axel A. Weber - Project Syndicate
Project Syndicate· 5 hours agoWith inflation in the eurozone dropping from a peak of 10.6% in October 2022 to 2.6% in May 2024,...
An inflation gauge closely tracked by Federal Reserve rises at slowest pace this year
Associated Press· 5 hours agoA price gauge closely tracked by the Federal Reserve cooled slightly last month, a sign that ...
Weekly focus – Strong Euro area inflation in May
The Forex Market· 3 hours agoThe main release this week was euro area inflation from May. Inflation rose to 2.6% y/y from 2.4% in April, which was above expectations of 2.5%. This...