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Fed's Jefferson favors holding rates steady until clear inflation ebbing
Reuters via Yahoo Finance· 9 hours agoUntil it's clear evidence arrives that inflation is again moving down toward 2%, "it is appropriate that we maintain the policy rate in restrictive territory," Jefferson said ...
Mortgage rates today, May 13, 2024: Rates finally trend downward
Yahoo Personal Finance· 12 hours agoWhen the Federal Reserve lowers the federal funds rate, mortgage rates will probably decrease...
Mortgages Cool Off for Homeseekers: Mortgage Rates for May 13, 2024
CNET· 10 hours agoThe average interest rate for a standard 30-year fixed mortgage is 7.18% today, down -0.16% since...
Why Wednesday’s CPI report is taking on outsize importance in the financial market
Market Watch· 7 hours agoEconomists and inflation traders expect Wednesday’s annual headline CPI rate for April to come in at...
Are US interest rates high enough to beat inflation? The Fed will take its time to find out
McComb Enterprise-Journal· 1 hour agoWASHINGTON (AP) — The sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation, several ...
Highest savings rates today: Why to move your money to a high-yield account ahead of week's...
AOL· 10 hours agoSavings rates and high-interest accounts in the news Savings rates strongly correlate with the...
Best CD rates today: Don't miss today's top APYs ahead of week's inflation news — May 13, 2024
AOL· 10 hours agoCD rates in the news CD rates strongly correlate with the key interest rate set by the Federal ...
Fed to cut rates in September, say nearly two-thirds of economists: Reuters poll
Reuters via Yahoo News· 8 hours agoThe U.S. Federal Reserve will cut its key interest rate twice this year, starting in September,...
Investors Crowd Into Soft-Landing Trade Ahead of Crucial Inflation Data
The Wall Street Journal· 2 hours agoThree straight months of hot inflation data dented Wall Street’s confidence that a series of ...
Will mortgage rates fall after this week's inflation report?
CBS News· 3 hours agoWhile the Federal Reserve won't meet again until June, and thus, a formal adjustment to interest...