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Powell downplayed the PPI report as being sort of mixed rather than labelling it hot
The Forex Market· 4 hours agoSignificantly accelerating monthly US producer price inflation (April) triggered the obvious initial...
Fed’s Jefferson calls for holding rates steady until inflation cools further
AOL· 2 days agoFederal Reserve vice chair Philip Jefferson on Monday became the latest central bank official to call for holding interest rates at current levels until inflation shows more signs of cooling ...
Amid rising debt levels, some borrowers face increased stress: NY Fed
FOX Business· 11 hours agoHousehold debt levels in the U.S. increased in the first quarter of 2024, which created new...
US bank climate change exam highlights data, modelling challenges, says Fed
Reuters via Yahoo Finance· 6 days agoU.S. banks face a range of data and modeling challenges in predicting the impact of climate change on their loan books, according to an analysis published by the Federal Reserve ...
Are US Interest Rates High Enough to Beat Inflation? the Fed Will Take Its Time to Find Out
US News & World Report· 2 days agoThe sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation, several Federal Reserve officials have said in recent comments, ...
President Biden Has Fixed The Student Loan Problem!
Coronado Eagle & Journal· 2 days agoFirst, you identify some problem, second you convince the people impacted by that problem that they are all victims and none of this is their fault, third you throw other people’s money in the ...
Best Business Loans and Grants for People With Disabilities - NerdWallet
Nerdwallet· 4 days agoMore than 1.8 million U.S. businesses are owned by people with disabilities and a higher percentage...
Half Of All Loan Applicants Denied Since 2022 Rate Hikes
National Mortgage Professional· 5 days agoHalf of Americans who’ve applied for a loan or financial product have been denied since the Federal Reserve started raising its key benchmark rate in March 2022, and 17% have ...
Local Restaurant Owners Feel the Strain of Inflation - INDY Week
Independent Weekly· 1 hour agoRestaurant owners in Chapel Hill are feeling the strain as they grapple with higher prices on food...
What Forecasters Say About Interest Rates (and Why They Disagree)
The New York Times via Yahoo News· 18 hours agoHow soon is soon? Or exactly how much later is later? As the year started, there was a widespread...