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Should the Fed relax its 2% inflation goal and cut interest rates? Yes, some experts say.
USA Today· 4 days agoLately, though, the 2% target feels more like the economy’s Godot – a remedy to its inflation woes...
High rates may not be bringing down inflation as much as the Fed thinks
Axios· 3 days agoThere is a monetary policy equivalent right now: If high interest rates don't visibly slow the...
The economic stars aligned for an early election. The Tories had nothing left to lose
The Telegraph via Yahoo Finance· 2 days agoWhat is more, hopes of imminent relief for those having to refinance two and five-year fixed-rate ...
Hunt hit by inflation ‘miss’ and benefits bill
Evening Standard via Yahoo Finance· 2 days agoAlthough a sharp fall from March...markets and send traders and economists to rewrite their expectations for rate cuts from the Bank of England. Markets...
US new home sales miss expectations in April
Alaska Superstation· 1 day agoHome sales have taken a hit since the Federal Reserve raised the benchmark lending rate rapidly in 2022 to curb surging inflation. While a 30-year fixed-...
Stock market today: Dow slides 600 points as worries about rates overshadow Nvidia’s blowout profit
WTVO - WQRF Rockford· 1 day agoNEW YORK (AP) — Most U.S. stocks slumped after strong economic reports raised the possibility of ...
Emergency loans: Everything you need to know
Bankrate via AOL· 2 days agorate of 20.74 percent as of January 2024, and any amount borrowed starts accruing interest immediately. Emergency loans and layoffs Although jobs in...
Consumer confidence continues ‘upward momentum’ – survey
PA Media: Money via Yahoo Finance· 21 hours ago“However, with the latest drop in headline inflation and the prospect of interest rate cuts in due...
US home sales post second straight monthly drop as prices accelerate
Arizona Daily Sun· 2 days agoU.S. existing home sales unexpectedly fell in April as higher mortgage rates and house prices...
Canada's inflation cools to three-year low boosting June rate cut bets
Reuters· 3 days agoMonth on month, the consumer price index rose 0.5% in April, also less than a forecast of a 0.6%...
