Search results
Fed holds interest rates steady, lowers forecast to just one cut in 2024 amid high inflation
USA TODAY via Yahoo Finance· 1 day agoSince March 2022, the central bank has hiked the federal funds rate 11 times from near zero to...
5 Reasons Not to Buy CDs Despite Rates Above 5.00%
The Motley Fool via AOL· 28 minutes agoRemember, though, that inflation is eating away at the value of your dollars right now. And it's going to keep doing so once you've bought your CD. The...
Jump In Jobless Claims, Soft PPI Lift Fed Rate-Cut Odds; S&P 500 Rises
Investor's Business Daily· 1 hour agoThe PPI rose 2.2% from a year ago, undercutting 2.5% estimates. The core PPI, excluding food and...
Stock market today: Stock rally fizzles after more cool inflation data, Tesla rises ahead of Musk...
Yahoo Finance· 28 minutes agoUS stocks slipped on Thursday, with the S&P 500 just off its record high as investors weighed the...
UK inflation rate: How fast are prices rising?
BBC via AOL· 6 hours agoWhat does inflation mean? Inflation is the increase in the price of something over time. For example, if a bottle of milk costs £1 but is £1.05 a year...
Federal Reserve holds interest rates steady, impacting auto loans and dealer sentiment
CBT News· 3 hours agoDespite improving inflation data, the Fed is considering only one rate cut in 2024. The next Fed ...
Mortgage Rates Fall for a Second Week With All Eyes on the Fed
Bloomberg via Yahoo Finance· 28 minutes ago(Bloomberg) -- Mortgage rates in the US fell for a second straight week, giving home shoppers a bit...
Mortgage rates ease for second straight week, leaving average rate on a 30-year home loan at 6.95%
Associated Press via Yahoo Finance· 12 minutes agoMortgage rates eased again this week, though the latest pullback leaves the average rate on a...
Inflation should have been higher under Trump than Biden. Why wasn’t it?
Tampa Bay Times· 39 minutes agoLate economist and Nobel laureate Milton Friedman stated that the root cause of inflation is too much money chasing too few goods. The word “chasing” is important in that ...
The inflation rate just fell. Here's why you should open a CD now.
CBS News· 1 day agoInflation continued to fall in May, the Bureau of Labor Statistics announced on Thursday. Against...