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An inflation gauge closely tracked by the Federal Reserve rises at slowest pace this year
Los Angeles Times· 3 hours agoThe figures could provide reassurance for Fed officials, who aggressively raised interest rates to...
Key Fed Inflation Rate Falls, Lifting Rate-Cut Hopes; S&P 500 Rises
Investor's Business Daily· 4 hours agoThis metric unveiled by Federal Reserve chair Jerome Powell in late 2022 measures changes in core...
The Fed Won’t Cut Rates This Year
Barrons.com· 4 hours agoBut the Fed, under Chairman Jerome Powell, is an avowedly data-dependent institution, and the data haven’t complied with either forecast. Specifically,...
Cleveland Fed names former Goldman Sachs executive Beth Hammack to succeed Mester as president
The Hill· 2 days agoHammack was named a partner in 2010. Hammack’s appointment comes at a critical moment for the Fed....
Fed's favored inflation gauge slows in April while price increases remain sticky
Yahoo Finance· 12 hours agos release. “We forecast that further improvement in inflation is in the cards over the coming months...
Don’t Expect the Fed to Cut Interest Rates This Year
Barron s Online· 4 hours agoFederal Reserve Chairman Jerome Powell and his team had hoped to lower rates in 2024. Elevated inflation, a resilient economy, and a still-strong, if...
June Mortgage Rate Forecast - NerdWallet
Nerdwallet· 5 hours agoMortgage rates probably won't vary much in the first week and a half of June. In the last two-plus years, two items have exerted an especially big...
Federal Reserve’s preferred inflation gauge eased last month for the first time in 2024
Dakota News Now· 11 hours agoA price gauge closely tracked by the Federal Reserve cooled slightly last month, a sign that...
Fed's stance of higher for longer likely not shaken by new inflation reading
Yahoo Finance· 11 hours agoThe Fed's stance of holding interest rates higher for longer likely won't be shaken following a...
Fed's Mester: Fed statements would benefit from some added length
Reuters via Yahoo Finance· 4 days ago"With short statements, each word takes on added significance." Fed policy statements have become...