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Stocks slide, dollar gains as rate cut outlook dims
AFP via Yahoo Finance· 2 hours agoStock markets fell Wednesday as investors locked in profits after indicators and comments from central bankers further dented hopes for interest rate...
Inflation pressures lingering from pandemic are keeping Fed rate cuts on pause
KOLR - KSFX Ozarks· 13 hours agoWASHINGTON (AP) — Hopes for interest rate cuts this year by the Federal Reserve are steadily fading,...
Daily mortgage rates for May 29, 2024: Rates on 30-year mortgage climb higher above 7%
AOL· 13 hours agoSee average mortgage rates for today, for a 30-year fixed mortgage, 15-year fixed, jumbo loans,...
Cleveland Fed names former Goldman Sachs executive Beth Hammack to succeed Mester as president
San Francisco Chronicle· 7 hours agoThe Cleveland branch of the Federal Reserve said Wednesday that Beth Hammack, a former executive at...
Chief economist defies Fed’s hawkish pivot; no rate hikes this year despite ‘dramatic turnaround’
Fortune via Yahoo Finance· 5 hours agoHousing “still is quite a significant risk, that it could put upward pressure on inflation over the...
US consumers show the Fed its backward problem with high rates: Morning Brief
Yahoo Finance via AOL· 13 hours agoConsumer confidence rebounded in May, but there are signs this data is being driven by wealthier...
What Happens if Nvidia Falls?
InvestorPlace· 2 hours agoYesterday, shares of semiconductor giant Nvidia rose another 3.5% to set a fresh all-time high. In a moment, we’re going to highlight why our macro...
CD rates today, May 29, 2024 (up to 5.15% APY)
Yahoo Personal Finance· 13 hours agoHowever, it has indicated the need to make three rate cuts throughout 2024 as inflation cools and economic growth improves. Fed Chairman Jerome Powell...
Rep. Emmer says crypto is nonpartisan, opponents are ‘fading’
The Cointelegraph· 3 hours agoCryptocurrency is not a partisan issue, but rather a question of supporting the administrative state or the individual. Both political parties are moving toward supporting crypto, although one ...
Cleveland Fed taps new chief
The Hill· 3 hours 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...
