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US Economy News Today: Powell Dismisses the Need for Additional Rate Hikes
Investopedia· 4 days agoWhile Federal Reserve Chair Jerome Powell downplayed the possibility of rate cuts anytime soon, rate...
FOMC holds rates in place and will slow balance sheet drawdown
Reuters via Yahoo Finance· 4 days agoThe Fed left the cap on how many mortgage-backed securities it will allow to roll off its books at...
Fed to Signal Delay of Interest-Rate Cuts
Bloomberg via Yahoo Finance· 5 days ago(Bloomberg) -- Federal Reserve officials are poised to keep interest rates steady for a sixth consecutive meeting and signal no plans for cuts in the...
High interest rates probably aren’t going away anytime soon
Vox· 5 days agoAll eyes are on the Fed’s May meeting today, where Fed chair Jerome Powell will make an announcement...
Mortgage Interest Rates Today, May 3, 2024 | Rates Inch Down but Remain Above 7%
Business Insider· 3 days agoThese are today's mortgage and refinance rates. Mortgage rates ticked down a bit, but they remain...
Wall St ends sharply higher, jobs data strengthens case for rate cuts
Reuters via Yahoo Finance· 3 days agoThe tech-heavy Nasdaq led the pack, rising 2% with an assist from Apple shares following the iPhone...
The Fed isn’t cutting rates, but these four banks are already paring rates on high-yield savings...
Market Watch· 4 days agoThe lowered APYs could be a signal that banks are starting to wager that many of their existing...
6 key ways the Federal Reserve impacts your money
Bankrate via Yahoo Finance· 7 days ago“Borrowing costs tend to increase first after a Fed rate hike,” says Liz Ewing, former chief financial officer of Marcus by Goldman Sachs... Capital....
Wall Street swings after Fed keeps interest rates high, downplays odds of a hike
Los Angeles Times· 4 days agoThe Standard & Poors 500 fell 17.30 points, or 0.3%, to 5,018.39 after the Fed held its main interest rate at its highest level since 2001, just as markets expected. The Dow ...
The Fed's Path Ahead is Murky—Here Are 3 Things Chair Jerome Powell Is Certain About
Investopedia· 4 days agoChair Jerome Powell further elaborated on the economic and interest rate outlook in his regular...
