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Key Fed Inflation Rate Revised Lower As GDP Growth Slides; S&P 500 Trims Losses
Investor's Business Daily· 3 hours agoMost of the hit came from a bigger decline in goods purchases, which fell 1.9% vs. the initial 0.4%...
Fed’s Williams expects inflation to cool in the second half of the year
Market Watch· 31 minutes agoInflation has been sticky over the first four months of the year, but Williams said this was not the...
Goldman's Beth Hammack has a new job: Cleveland Fed president
Business Insider via Yahoo Finance· 3 hours agoThe central bank raised borrowing costs from close to zero to around 5.5% between March 2022 and...
Cleveland Fed names former Goldman Sachs executive Beth Hammack to succeed Mester as president
Seattle Times· 1 day agoHammack was named a partner in 2010. Hammack’s appointment comes at a critical moment for the Fed....
Best CD rates today: Rates stay high above 5% APY on CD terms of 12+ months — May 30, 2024
AOL· 4 hours agoAn updated personal consumer spending report is due on May 31, offering another clue as to whether...
Ignore hawkish FOMC minutes, Fed will cut rates in 2024: UBS By Investing.com
Investing.com· 6 days agoThe minutes revealed that several Fed officials were open to further rate hikes if inflation risks...
Fed rate cuts face big reset on renewed inflation risks
TheStreet via Yahoo Finance· 3 days agoThose bets reflect an economy that continues to outperform and the looming November presidential...
Daily mortgage rates for May 30, 2024: Rates push higher on popular terms
AOL· 7 hours agoSee average mortgage rates for today, for a 30-year fixed mortgage, 15-year fixed, jumbo loans,...
Goldman Sachs shifts interest-rate outlook ahead of key inflation report
TheStreet via Yahoo Finance· 2 days agoEconomic growth registered only 1.6% annualized in the first quarter, but economists said the...
The Fed’s End-Run Around Democracy
The American Conservative· 5 days agoThe Federal Reserve is doing this by forcing banks to adopt “Climate Stress Tests” where the banks analyze the supposed effects of Climate...