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CPI inflation report resets timing of Fed interest rate cuts
TheStreet via Yahoo Finance· 8 hours agoOn a monthly basis, inflation edged 0.3% higher, slower than the 0.4% gain in March and besting Wall...
CPI Inflation Soothes Fed Fears As Retail Sales Slow; S&P 500 Hits New High
Investor's Business Daily· 5 hours agoThe S&P 500 opened solidly higher in Wednesday stock market action after the CPI inflation data, as...
Fed’s Kashkari Sees Rates on Hold for Longer
Barrons.com· 3 hours agoBefore the Covid-19 pandemic, mortgage rates at their current level and a federal-funds rate as high as it is now, at 5.25% to 5.50%, would have been...
Mortgage rates dip as inflation cools ever so slightly
Bankrate via AOL· 1 hour agoMortgage rates fell again this week, with the average 30-year fixed loan dipping to 7.12 percent,...
New inflation reading offers hope for Fed rate cuts
AOL· 10 hours agoInflation pressures eased in April, but the progress was likely not enough to push the Federal Reserve to cut interest rates just yet. In April, the Consumer Price Index on a "core" basis, which ...
Savings interest rates today: Grow your savings at higher yields with today's top rates — May 15,...
AOL· 9 hours agoDecades-high rates aren't great news for borrowers. But for savers, it spells an opportunity to...
Fed's Powell downplays potential for a rate hike despite higher price pressures
Associated Press Finance via Yahoo Finance· 1 day agoFederal Reserve Chair Jerome Powell said Tuesday that the central bank is unlikely to raise its key...
Fed’s Kashkari Sees Rates on Hold for Longer
Barrons.com· 3 hours agoNeal Kashkari, the president of the Minneapolis Fed, said it isn’t clear how much downward pressure monetary policy is putting on the economy.Read the...
Fed's Schmid says he is prepared to be patient on policy
Reuters via Yahoo Finance· 20 hours ago"Over time, I expect inflation to ease back towards the Fed’s 2% objective," Schmid said in remarks...
Will Cooling Inflation Finally Bring Lower Mortgage Rates?
CNET· 5 hours agoThe Consumer Price Index for April, which measures changes in the cost of food, housing, gasoline,...