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What the April CPI Report Means for the Fed
The Wall Street Journal· 48 minutes agoThe April inflation report, which showed price pressures moderated last month, should allow Federal Reserve officials to stay on hold more comfortably at...
New inflation reading offers hope for Fed rate cuts
Yahoo Finance· 5 hours agoFollowing the CPI release Wednesday, markets were pricing in a roughly 53% chance the Fed begins to cut at its September meeting, according to data from...
Stock market today: Stocks eye record highs as cooler inflation revives Fed rate cut hopes
Yahoo Finance· 3 hours agoAccording to the CME FedWatch Tool, around 70% of... have ground higher amid rekindled confidence...
Daily mortgage rates for May 15, 2024: Rates edge down on 30-year, 15-year terms ahead of CPI report
AOL· 8 hours agoSee average mortgage rates for today, for a 30-year fixed mortgage, 15-year fixed, jumbo loans,...
Inflation Cooled for the First Time in 2024. But Don't Expect Fed Rate Cuts Any Time Soon
CNET· 3 hours agoThe shelter index increased by 0.4%, making housing costs the largest factor in the monthly increase...
Traders bet on faster interest rate cuts as US inflation falls
The Telegraph via Yahoo Finance· 2 hours agoWall Street stock markets hit record highs as traders increased bets on faster interest rate cuts in...
Stock markets set records, dollar slides as US inflation cools
AFP via Yahoo Finance· 3 hours agoStock markets struck record highs Wednesday after official data showed US inflation cooled slightly...
Powell speech: Producer Price Index reading was quite mixed
The Forex Market· 1 day agoFederal Reserve Chairman Jerome Powell speaks at a moderated discussion with De Nederlandsche Bank...
Fed's Powell says high interest rates may 'take longer than expected' to lower inflation
USA TODAY via Yahoo Finance· 1 day agoFederal Reserve Chair Jerome Powell said Tuesday that “it may take longer than expected” for high...
Best CD rates today: Beat inflation with fixed CD rates that guarantee high returns — May 15, 2024
AOL· 7 hours agoCD rates in the news CD rates strongly correlate with the key interest rate set by the Federal ...