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Key Fed Inflation Rate Falls, Lifting Rate-Cut Hopes
Investor's Business Daily· 20 minutes agoThe personal consumption expenditures, or PCE, price index rose 0.3% in April, in line with estimates. Typically, Federal Reserve decision-making puts...
Inflation pressures lingering from pandemic are keeping Fed rate cuts on pause
KETK· 2 days agoWASHINGTON (AP) — Hopes for interest rate cuts this year by the Federal Reserve are steadily fading,...
Fed's favorite inflation gauge is expected to show very slow progress on Friday
CNBC· 19 hours agoThe Commerce Department's measure of personal consumption expenditures prices is expected to show...
The cost of pressuring the Fed
Politico· 2 days agoWhich brings us to Trump’s Twitter feed. Fed Chair Jerome Powell was a frequent target of the then-president’s online ...
Top CD Rates Today, May 29, 2024 - 10 Ways To Lock In 5.35% or More Until 2025
Investopedia· 2 days 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· 24 hours agoThe key Federal Reserve inflation rate was revised lower for the first quarter, while the U.S....
Cleveland Fed taps new chief
The Hill· 2 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...
Why the AI Stock Market Divide Is Widening Amid Fed Rate Fears, and 4 Other Things to Know Today
Barrons.com· 2 days agoHess shareholders approve Chevron merger but challenges remain, OpenAI forms new safety committee as...
The Fed indicated rates will remain higher for longer. What does that mean for you?
The News-Times· 2 days agoMortgage rates, credit card rates, auto loan rates, and business loans with variable rates will all...
Long-term mortgage rates ease for third straight week, dipping to just below 7%
ABC 10 Sacramento· 4 days agoThe rate fell to 6.94% from 7.02% last week, mortgage buyer Freddie Mac said Thursday.