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Federal Reserve says interest rates will stay at two-decade high until inflation further cools
McComb Enterprise-Journal· 12 hours agoBoard chair Jerome Powell speaks during a news conference at the Federal Reserve in Washington, March 20, 2024. Most analysts expect that the central bank will leave its benchmark borrowing ...
How the Fed affects credit cards
Bankrate via Yahoo Finance· 23 hours agoImpact on credit card interest rates What all of this means for cardholders is that you are likely to see your variable card interest rates remain at ...
Fed holds rates steady for the sixth straight time - HousingWire
HousingWire· 12 hours agoThe Federal Reserve’s Federal Open Markets Committee (FOMC) maintained its short-term policy...
Powell likely to signal that lower inflation is needed before Fed would cut rates
KRQE & KASA FOX 2 Albuquerque· 20 hours agoWASHINGTON (AP) — After three straight hotter-than-expected inflation reports, Federal Reserve officials have turned more cautious about the prospect of interest rate cuts this year. The big questi…
News Highlights: Top Global Markets News of the Day - Wednesday at 9 AM ET
Morningstar· 17 hours agoLabor market not cooling off much. U.S. businesses created 192,000 new jobs in April, paycheck company ADP said, and more industries hired people last month in a sign of ongoing labor-market ...
Fed leaves rates unchanged, flags 'lack of further progress' on inflation
Reuters· 9 hours agoU.S. central bankers still believe the current policy rate is putting enough pressure on economic...
Louisiana State Employees Retirement System Buys Shares of 43,400 PennyMac Mortgage Investment Trust...
ETF DAILY NEWS· 3 days agoLouisiana State Employees Retirement System bought a new stake in shares of PennyMac Mortgage Investment Trust (NYSE:PMT – Free Report) in the 4th quarter, according to its ...
Fed to Signal It Has Stomach to Keep Rates High for Longer
The Wall Street Journal· 2 days agoAt issue is a program the central bank initiated two years ago to passively reduce those holdings by...
Federal Reserve says interest rates will stay at 2-decade high until inflation further cools
WFLA· 12 hours agoThe Fed issued its decision in a statement after its latest meeting, at which it kept its key rate...
Surging Yields May Spell Opportunity for Active Bond Funds
ETF Trends· 18 hours agoSurging Treasury yields continue to place rate cuts on the back burner, leading market experts to...