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Inflation eases in May, but major relief on interest rates not coming soon
LA Times via AOL· 7 days agoFederal Reserve Chair Jerome H. Powell and his colleagues at the central bank have kept interest...
Powell Sees ‘Good, but Not Great’ Inflation Readings for Rest of 2024
Barrons.com· 7 days agoFederal Reserve Chair Jerome Powell predicts inflation will continue to trend lower this year—albeit...
Nasdaq, S&P 500 Log Records, Lifted by Tech Stocks
The Wall Street Journal· 2 days agoThe S&P 500 is now up 15% in 2024. Pullbacks have been rare and volatility has been exceptionally low. Federal Reserve Chair Jerome Powell said the...
Inflation data could help decide rate cut timetable | Times News Online
Times News· 5 days agoOne key issue is a sentence the Fed added to its statement on May 1: It said “there has been a lack...
Fed officials steer cautiously toward potential rate cuts
Reuters via Yahoo Finance· 23 hours agoOutlining a litany of reasons for optimism that inflation is back on track to the U.S. central bank...
What the Fed’s continued rate pause means for homebuyers and sellers
New Hampshire Union Leader· 5 days agoThe central bank raised rates 11 times in 2022 and 2023, with the expectation that it would reverse...
Fed policymakers not in a hurry to cut rates, looking for further progress in inflation
The Forex Market· 23 hours agoFederal Reserve officials await more "good inflation" data before cutting rates. Jerome Powell...
RBA Seen Holding Key Rate at 12-Year High as Inflation Stays Hot
Bloomberg via Yahoo Finance· 3 days ago(Bloomberg) -- Australia’s central bank will likely hold its key interest rate at a 12-year high on...
CNBC Daily Open: Fed signals just one rate cut
NBC Chicago· 6 days agoThe Fed acknowledged there was "modest" progress toward its 2% inflation target. The new guidance came as it held interest rates steady, as was widely...
The Fed's Latest Interest Rate Decision Could Affect a Housing Market Near 'Breaking Point'
San Francisco Chronicle· 4 days agoAs expected, the Fed on Wednesday left the federal funds rate unchanged at a target range of 5.25%...