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Fed's Powell says high interest rates may 'take longer than expected' to lower inflation
USA TODAY via Yahoo Finance· 7 hours agoHow many rate cuts are expected in 2024? As recently as late March, the...inflation,” Powell said...
Home Loan Rates Decline: Mortgage Interest Rates Today for May 14, 2024
CNET· 11 hours agoThe average 30-year fixed mortgage interest rate is 7.21% today, down -0.11% from seven days ago....
Fed's Powell Downplays Potential for a Rate Hike Despite Higher Price Pressures
The New York Sun· 1 hour agoMr. Powell stressed that the Fed’s preferred approach was to keep its benchmark rate at its current...
US Fed Vice Chair Says Interest Rates Should Remain On Pause
International Business Times· 19 hours agoThe US central bank should keep interest rates at their current "restrictive" levels until it sees...
Mester Says Fed in ‘Really Good Place’ to Study Economy Before Charting Rate Path
The Wall Street Journal· 2 hours ago“It’s too early to really conclude that we stalled out or that inflation is going to reverse,” said...
Fed Chair Powell Signals Patience In Rate Policy, Labels Producer Inflation Data As 'Mixed'
Benzinga via Yahoo Finance· 5 hours agoLikewise, Powell dismissed the risks of new rate hikes, echoing his remarks from the May Federal...
CD rates today, May 14, 2024 (top rate at 5.15% APY)
Yahoo Personal Finance· 13 hours agoDon't just check with your current bank; research CD rates from online banks, local banks, and credit unions. Online banks, in particular, often offer...
Fed's Powell: 'We'll need to be patient' on rates
Yahoo Finance via AOL· 8 hours agoFed Chair Jerome Powell reiterated his stance that the central bank will need to remain patient and see further progress on inflation before reducing ...
Home prices in US are up 47% since start of 2020
14 WFIE Evansville· 1 hour agoAccording to an analysis by ResiClub of the Case-Shiller National Home Price Index, prices of homes have increased 47.1% just since the start of 2020....
The Fed is struggling to break the back of inflation. Here's why.
CBS News· 3 hours agoThe Fed will be scrutinizing the latest Consumer Price Index report on Wednesday morning for signs...