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Stock market today: Dow plunges 605 points as fresh economic data clouds outlook for rate cuts
Business Insider via Yahoo Finance· 4 hours agoNvidia's solid earnings and guidance boosted its stock but the broader market saw a sharp dip. Rate...
What Is Inflation? Current Inflation Rate, Causes and How to Stay Ahead of Rising Costs
Newsweek· 13 hours agoEditorial Note: Opinions expressed here are author’s alone, not those of any bank, credit card...
Two Fed governors see holding rates higher for longer amid slow-moving inflation
Yahoo Finance· 4 days agoTwo Federal Reserve governors reiterated Monday they see holding rates at current levels until there...
Today's mortgage rates hold steady for 30-year terms while 15-year terms edge up | May 23, 2024
FOX Business· 19 hours agoThe interest rate on a 30-year fixed-rate mortgage is 6.875% as of May 23, which is unchanged from...
Higher Interest Rates, Inflation And Your Retirement
Forbes· 1 day agoThere’s been plenty of chatter over the past bit of time regarding interest rates. While we have seen inflation come down to a more reasonable 3.48%, it...
Dollar gains as traders trim US rate cut bets
Reuters via Yahoo Finance· 8 hours ago"It's having very little effect on the yen," said Martin Whetton, head of financial markets strategy at Westpac in Sydney. Minutes from the Federal...
Inflation remains on path to 2% target, but at slow pace, Fed's Bostic says By Investing.com
Investing.com· 11 hours ago"The couple of inflation numbers suggest it's going back to 2%, but going slow," Bostic said...
Daily mortgage rates for May 23, 2024: Rates steady on 30-year, 15-year terms
AOL· 22 hours agoSee average mortgage rates for today, for a 30-year fixed mortgage, 15-year fixed, jumbo loans,...
Fed's Bostic says U.S. not past 'worry point' for inflation By Reuters
Investing.com· 11 hours ago...energy in the economy, and it gives me comfort in staying at a more restrictive level because we...
BlackRock’s bond guru Rick Rieder says the Fed’s favorite inflation firefighting strategy is...
Fortune· 15 hours agoReserve raises interest rates to fight it, effectively increasing borrowing costs for businesses and consumers nationwide. This orthodox monetary policy usually works quite well. Debatably, ...