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FOMC holds rates in place and will slow balance sheet drawdown
Reuters via Yahoo Finance· 3 days agoThe Fed said that starting on June 1 it was reducing the cap on Treasury securities it allows to...
First-time homebuyers need income of $120K to afford median house in the US
CBS Austin· 3 days agoFirst-time buyers need a household income of nearly $120,000 to afford the median-priced home in...
Anna Clark, ProPublica
The Raw Story· 5 hours agoAfter his murder conviction was overturned in 2020, Marvin Cotton Jr. checked into a Comfort Inn outside Detroit, ready to begin a new life after nearly two decades in prison. More than a month ...
FTSE 100 Live 1 May: US Fed notes ‘lack of further progress’ on inflation as it holds interest rates
Evening Standard via Yahoo Finance· 3 days agoThe US Federal Reserve has held interest rates again, citing a ‘lack of further progress’ on...
Can a new weed rule be Trump-proofed?
Politico· 4 days agoPritzker’s office estimates the drugs — which include Wegovy, Mounjaro and Ozempic — will cost taxpayers $210 million the first year. But others put that number much higher ...
Federal Reserve holds rates steady. Here's the financial impact.
CBS News· 3 days agoFederal Reserve officials said they are leaving their benchmark rate untouched, noting that progress...
Inflation hasn't slowed as much as expected, hitting Long Islanders' wallets
Newsday· 3 days agoFrom housing to electricity to groceries, Long Island households are facing higher prices in 2024,...
Inflation Is Stubborn. Is the Federal Budget Deficit Making It Worse?
New York Times· 5 days agoEconomists are divided over whether the growing amount of federal borrowing is fueling demand and...
Fed Says Inflation Progress Has Stalled and Extends Wait-and-See Rate Stance
The Wall Street Journal· 3 days agoThe S&P 500 rose as much as 1.2...The fed-funds rate influences other borrowing costs throughout the...
Inflation Is Stubborn. Is the Federal Budget Deficit Making It Worse?
New York Times· 5 days agoEconomists are divided over whether the growing amount of federal borrowing is fueling demand and...
