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What To Expect From Interest Rates In 2024
Forbes· 23 hours agoDespite predictions that interest rates would fall in 2024, the Federal Open Market Committee has not cut them. Markets now anticipate that one or two ...
What the April CPI Report Means for the Fed
The Wall Street Journal· 4 hours agoOn its own, the report won't be enough to convince officials that three firmer-than-anticipated inflation readings at the start of the year were an...
Stock markets set records, dollar slides as US inflation cools
AFP via Yahoo Finance· 2 hours agoStock markets struck record highs Wednesday after official data showed US inflation cooled slightly...
Inflation eased to 3.4% in April, CPI data shows. What that means for Fed rate cuts
USA TODAY via Yahoo Finance· 6 hours agoWednesday's report "keeps alive the prospect of the Fed starting to cut rates in September,”...
Inflation Cooled for the First Time in 2024. But Don't Expect Fed Rate Cuts Any Time Soon
CNET· 3 hours agoThe shelter index increased by 0.4%, making housing costs the largest factor in the monthly increase...
Fed's Powell says high interest rates may 'take longer than expected' to lower inflation
USA TODAY via Yahoo Finance· 1 day agoHe also reiterated, however, that a rate hike is unlikely. His remarks largely echo those he made at...
Best Savings Rates Today -- Act Now to Maximize Your Interest Earnings, May 14, 2024
CNET· 1 day agoSavings rates took off in 2022 when the Federal Reserve began raising interest rates to fight record...
Fed's Powell Downplays Potential for a Rate Hike Despite Higher Price Pressures
The New York Sun· 7 hours agoMr. Powell stressed that the Fed’s preferred approach was to keep its benchmark rate at its current...
High Interest Rates Are Hitting Poorer Americans the Hardest
The New York Times via Yahoo News· 1 day agoHigh interest rates haven’t crashed the financial system, set off a wave of bankruptcies or caused...
Think corporate greed is the leading cause of inflation? Think again
CNN Business via Yahoo Finance· 2 hours ago“There’s no prescriptions here that would have a major impact quickly, other than the Fed...