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Fed's Powell Downplays Potential for a Rate Hike Despite Higher Price Pressures
Insurance Journal· 6 hours agoPowell stressed that the Fed’s preferred approach was to keep its benchmark rate at its current...
Best Savings Rates Today -- Act Now to Score an APY up to 5.55%, May 16, 2024
CNET· 12 hours agoAfter two years of rate hikes, the Federal Reserve has maintained its federal funds rate at its last...
Fed's Powell says high interest rates may 'take longer than expected' to lower inflation
USA TODAY via Yahoo Finance· 2 days agoEconomists said price increases slowed in categories that feed into consumer inflation. Before...
The Dow Jones hits 40,000 for the first time. What to know about this major milestone
NPR· 22 minutes agoAnd corporate profits have been largely booming. The biggest unknown remains inflation. The Federal...
April CPI: Worst good news ever
The Forex Market· 3 hours agoThe consensus is cooling inflation puts Federal Reserve interestrate cuts back on the table. The Dow Jones, S&P 500, and the NASDAQ all hit record highs...
US Economy Hasn't Broken Yet - But Cracks Are Mounting Again | Investing.com NG
Investing.com· 8 hours agoThe Fed hiked rates above 5%, and yet the US economy didn't break. The lags looked relatively short,...
Why the post-Fed stock-market rally is raising fresh inflation questions
Market Watch· 2 hours agoIndustrial Average and S&P 500 on that month’s final day of trading. The issue is whether Powell’s post-meeting remarks on May 1 — in which he said the central bank’s next move is “unlikely” ...
Dow hits milestone 40,000 mark as rate-cut hopes fuel rally
Reuters· 1 hour ago, opens new tab reached an all-time high of 40,000 for the first time on Thursday, as investor hopes...
Weekly Mortgage Rates Edge Down as the Fed Waits for Decisive Drop - NerdWallet
Nerdwallet· 4 hours agoAverage mortgage interest rates were slightly lower this week as inflation data met market...
U.S. inflation data fuels bets of Fed rate cuts as early as September — but analysts aren’t...
CNBC· 12 hours agoThe softer-than-expected data on Wednesday propelled stocks to fresh record highs and fueled...