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The White House keeps talking up Fed independence. It could be a 'message' to Wall Street.
Yahoo Finance· 2 days agoThe White House has made it clear in recent weeks that President Biden and his allies see the...
Fed Minutes Raise Risk Of 'Higher-For-Longer' Interest Rates: 'Bears Would Normally Get Excited,...
Benzinga· 3 days agoThe minutes from the May Federal Open Market Committee (FOMC) meeting delivered a harsh reality...
CD rates today, May 22, 2024 (up to 5.15% APY)
Yahoo Personal Finance· 4 days agoHowever, it has indicated the need to make three rate cuts throughout 2024 as inflation cools and economic growth improves. Fed Chairman Jerome Powell...
‘Disappointing’ inflation data means rates likely to stay steady for longer, Barr says
Pensions & Investments· 5 days agoFed Chair Jerome Powell made similar comments last week at the annual general meeting for the Foreign Bankers’ Association in Amsterdam, noting that recent ...
Zacks.com featured highlights include Vital, Sprouts Farmers, Royal Caribbean, Agnico and Organon
Zacks via Yahoo Finance· 2 days agoGDP growth for the first quarter of 2024, last month’s contraction in manufacturing and services...
Roaring Kitty vs. Chairman Powell
Ludwig von Mises Institute· 1 day agoStock market technicians are musing that if meme stocks are surging the Fed is not tight enough. Yes, after three years of hibernation “Roaring Kitty” returned with the first of a series of ...
Amid doubts, Fed officials kept disinflation faith at last meeting
Reuters via Yahoo Finance· 3 days ago(Reuters) -Federal Reserve officials at their last policy meeting said they still had faith that...
The House Bans The Fed From Building A CBDC Like The Digital Yuan
Forbes· 3 days agoThe House of Representatives has made a significant move by banning the Federal Reserve from...
The number of Americans who say they're 'doing OK financially' drops to 4-year low—here's why
CNBC· 1 day agoInflation subsided after reaching a year-over-year peak of 9.1% in June 2022, but it's been hovering...
JP Morgan CEO Jamie Dimon: Fed's Jerome Powell may raise rates
Highlands Today· 2 days agoDimon worries that the Fed may raise rates beyond their current two-decade highs instead of cutting them. “When we look at risk and rates, we don’t always guess what the future holds, [we are ...