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Oil Prices Fall on Fear of High US Interest Rates Depressing Demand
US News & World Report· 52 minutes agoBrent crude futures declined 12 cents, or 0.1%, to $83.34 a barrel by 0041 GMT. U.S. West Texas Intermediate crude (WTI) eased 8 cents, or 0.1%, to $79.72 a barrel. Both benchmarks fell less ...
Two Fed governors see holding rates higher for longer amid slow-moving inflation
AOL· 11 hours agoTwo Federal Reserve governors reiterated Monday they see holding rates at current levels until there is more evidence inflation is falling, the latest central bank officials ...
Will mortgage rates fall in 2024? Here's what Freddie Mac predicts.
CBS News· 4 hours ago"These high interest rates will prompt prospective buyers to readjust their housing expectations,...
Inflation Proves To Be Stickier Than Expected — That's Bad News For The Economy But Great For The US...
Benzinga via Yahoo Finance· 6 hours agoInflation in the United States accelerated at a pace faster than anticipated in March, delivering a blow to hopes of an imminent interest rate cut by the Federal Reserve.
Dollar Steady; Ether Fuels Crypto Rally
US News & World Report· 1 hour agoThe dollar was firm on Tuesday while the yen struggled on the weaker side of the 156 level, though trade was mostly rangebound as investors generally stuck to their views of the expected timing ...
What Donald Trump might do if he wins a second term in 2024
INSIDER via Yahoo News· 8 hours agoThat could also include the Federal Reserve, the country's central banking system, though that's...
Fed’s ‘Stigmatized’ Emergency Tool for Banks Draws Flak at Own Conference
Bloomberg· 7 hours agoThe Federal Reserve needs to do more to address issues that keep US banks from tapping a key...
Savings interest rates today: Multiply your money at 10x the average APY — May 20, 2024
AOL· 14 hours agoAs the Fed rate rises, so do APYs on savings accounts, CDs and money market accounts...best...
Stock Market News for May 20, 2024
Zacks via Yahoo Finance· 13 hours agoU.S. stocks ended mostly higher on Friday, with the Dow ending above the 40,000 level for the first time in history as expectations of rate cuts by the...
Here’s Why Americans Are Confused and Angry About the Economy
US News & World Report· 9 hours agoHere is what Federal Reserve Chairman Jerome Powell said last week in the Netherlands regarding the higher-than-expected inflation seen in the first few months of