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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· 6 days agoAccording to LendingTree credit analyst Matt Schulz, options include: Getting a credit card with...
Morning Bid: New highs as retail eyed, Europe calms
Reuters· 5 hours agoTech-led Wall Street stocks have sailed to new records again this week, with Tuesday expected to see retail sales return to growth and as nervy European...
Going Down?
Reason.com via Yahoo Finance· 6 days agoHowever, "a well-behaved May inflation report is a likely prerequisite for the Fed to consider lowering interest rates after that, as officials have said...
Technical Scoop: Fed Unchanged, Precious Lid, Oily Bounce
GoldSeek.com· 1 day agoGold has gained some 35% since that low last October 2023 so pullbacks are not unusual. Despite the current correction the trend remains firmly to the upside.
Gen X is feeling the negative effects of inflation more than any other generation
Business Insider· 4 days agoGen X is feeling the sting of inflation more than other generations. A new TransUnion study shows...
Federal Reserve updates timing of first interest rate cut
TheStreet.com· 6 days agoThe policy-making Federal Open Market Committee held its key rate at between 5.25% and 5.5%, the highest in 22 years. The Fed also issued fresh growth and inflation projections ...
Fed’s $1 trillion pile of paper losses are turning into actual losses — with more in sight
MarketWatch via Yahoo Finance· 5 days agoThe Federal Reserve’s roughly $1 trillion pile of paper losses stemming from its underwater...
Wall Street’s new top S&P target is 6,000 — here’s why.’
Market Watch· 1 day agoAI exuberance can last longer than many reckon, lifting S&P 500 earnings multiples
America seems immune to the world economy’s problems
The Economist· 6 days agoElsewhere, political dysfunction and fiscal frailties are taking a toll
Charting the Global Economy: Fed Holds; BOJ Leaves Yen at Risk
Bloomberg via Yahoo News· 3 days ago(Bloomberg) -- Federal Reserve officials penciled in just one interest-rate cut this year and...
