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The Fed Won’t Cut Rates This Year
Barrons.com· 18 hours ago“I have a lot of sympathy for the idea.” Porcelli sees Powell and other Fed officials as predisposed to lowering rates, and just waiting for the...
Inflation pressures lingering from pandemic are keeping Fed rate cuts on pause
WJET - WFXP Erie· 3 days agoWASHINGTON (AP) — Hopes for interest rate cuts this year by the Federal Reserve are steadily fading,...
Key Fed Inflation Rate Falls, Lifting Rate-Cut Hopes
Investor's Business Daily· 1 day agoThe personal consumption expenditures, or PCE, price index rose 0.3% in April, in line with estimates. Typically, Federal Reserve decision-making puts...
Cleveland Fed taps new chief
The Hill· 3 days agoStarting Aug. 21, Hammack will succeed Loretta Mester, who steps down June 30. First Vice President Mark Meder will serve as the interim president. “It...
Fed's favorite inflation gauge is expected to show very slow progress on Friday
CNBC· 2 days agoThe Commerce Department's measure of personal consumption expenditures prices is expected to show...
The cost of pressuring the Fed
Politico· 3 days agoWhich brings us to Trump’s Twitter feed. Fed Chair Jerome Powell was a frequent target of the then-president’s online barrages in 2018 ...
Top CD Rates Today, May 31, 2024 - Earn 5.40% or More for Up to 15 Months
Investopedia· 17 hours agoTo combat decades-high inflation, the Federal Reserve aggressively hiked the federal funds rate between March 2022 and July 2023, raising the benchmark rate to its highest level in 22 years.
Key Fed Inflation Rate Revised Lower As GDP Growth Slides
Investor's Business Daily· 2 days agoThe key Federal Reserve inflation rate was revised lower for the first quarter, while the U.S....
Inflation and Money
American Farm Bureau· 6 days agoInflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of...
US immigration surge risks keeping interest rates high for months
The Telegraph via Yahoo Finance· 4 days agoUS interest rates are unlikely to fall for months, according to a top Fed official, who said surging...