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Fed holds interest rates steady, lowers forecast to just one cut in 2024 amid high inflation
USA TODAY via Yahoo Finance· 2 days agoThe Fed wants pay increases to come down to 3.5% to align with its 2% inflation target. Want to...
Today's inflation report determines the Fed's course and Powell's statement By Investing.com
Investing.com· 2 days agoThe inflation report is scheduled to be released at 8:30 AM ET, ahead of the central bank's monetary...
The Fed just penciled in only one interest rate cut this year—but officials are divided on policy
Fortune via Yahoo Finance· 1 day ago“Don’t take too much direction from today’s FOMC ‘dot plot,’” Ronald Temple, chief market strategist...
Today's Positive Inflation News Didn't Sway the Fed, Which Held Steady on Interest Rates
CNET· 1 day agoInstead, the Fed reduced the number of cuts it expects to make in 2024 to one, down from the three...
Inflation and Fed day: A crucial moment for the housing market - HousingWire
HousingWire· 1 day agoBefore the Fed held its press conference, we got a softer-than-anticipated CPI report, which sent...
The Fed’s Inflation Outlook Is a Little Too Pessimistic
Morningstar· 10 hours agoIvanna Hampton: And then there was one. The Federal Reserve is projecting they’ll trim interest...
Mortgage rates today, June 13, 2024: Don't expect drastic decreases until 2025
Yahoo Personal Finance· 20 hours agoThese are today's mortgage rates. We won't see any big decreases in 2024, but rates are down a bit...
Stock Market Today: Stocks pare gains as Fed holds rates steady despite soft inflation data
TheStreet via Yahoo Finance· 2 days agoDepartment's May inflation report showed the slowest monthly advance in four years, with a rate...
Economy Is Cooling, Today’s Data Show. But the Fed Will Need More Confirmation.
Barrons.com· 13 hours agoFEATURE Weekly jobless claims and May wholesale inflation data both suggest the economy is cooling,...
CPI Inflation Rate +3.4%: Back on Track
Zacks via Yahoo Finance· 2 days agoWe mentioned that pre-markets loved this report. Bond yields also sank immediately on the news: from +4.83% on the 10-year to +4.69% moments later, and...