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Column-Powell's 'restrictive' emphasis maximizes Fed flexibility: McGeever By Reuters
Investing.com· 5 days agoWhile it may just seem like semantics, Fed Chair Jerome Powell and Vice Chair Philip Jefferson's...
Fed rethinking rate-cut strategy | Northwest Arkansas Democrat-Gazette
Northwest Arkansas Democrat Gazette· 4 days agoA string of disappointing inflation data has forced the Federal Reserve to reset the clock on its...
Mortgage rates surpass 7% for the first time this year
Fortune via Yahoo Finance· 5 days ago“As the latest CPI data exceeded recent forecasts, it escalated...this year.” Earlier this week at a...
Triangle banks react to a higher-for-longer scenario with interest rates - Triangle Business Journal
The Business Journals· 7 days agoHigher for longer: It’s the interest rate scenario local banks are gearing up for, one that could...
Wall Street pushes out rate-cut expectations, sees risk they don't start until March 2025
CNBC· 7 days agoIf there was any doubt before, Federal Reserve Chair Jerome Powell has pretty much cemented the...
1 Wall Street Analyst Thinks Bank of America Stock Is Going to $42. Is It a Buy?
Motley Fool via Yahoo Finance· 23 hours agoWolfe Research says Bank of America is a buy Wolfe acknowledged that the bank could face some...
Elevated inflation will likely delay interest rate cuts this year; here's what it means for you
ABC 7 Chicago· 7 days agoThe most recent jobs report suggests the U.S. is doing well, even with interest rates at a 23-year high and concerns about rising inflation. Mark Hamrick, a senior economic ...
JPMorgan warns stock market sell-off has 'further to go'
Yahoo Finance via AOL· 1 day agoInvestors interpreted comments Chair Jerome Powell made at the Fed's September meeting last year to...
Gold dips amid reduced geopolitical tensions
The Forex Market· 1 day agoGold retracts sharply from recent highs, influenced by reduced geopolitical risks and a strengthening US Dollar. Fed officials, including Chairman Powell...
Jay Powell just made 2024 more of a puzzle for regional banks
AOL· 3 days agoFederal Reserve Chair Jay Powell is making the rest of 2024 more complicated for regional banks. This past week 12 of the nation's best-known midsize lenders reported sizable ...