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Fed's Mester seeks more evidence inflation pressures are easing
Reuters via Yahoo Finance· 2 hours agoFederal Reserve Bank of Cleveland President Loretta Mester said on Thursday holding U.S. central...
Dow crosses 40,000 for the first time
CNN Business via Yahoo Finance· 2 hours agoOn a monthly basis, the inflation report showed that prices rose 0.3%, a slower pace than in the two months prior, according to the Bureau of Labor...
Dow shoots past 40,000 for the first time on hopes that Fed will follow cooler inflation print with ...
Fortune· 23 minutes agoIt took 872 trading sessions through Wednesday for the Dow to set its latest 10,000-point milestone — or a gain of 33% — with the index recouping all of its losses from the Fed’s aggressive ...
Major brokerages retain US rate-cut view after soft inflation data
Reuters via Yahoo Finance· 6 hours agoExpectations of interest rate cuts this year have boosted demand for equities, after a downbeat 2023...
Daily mortgage rates for May 16, 2024: 30-year rates steady, while 15-year terms rise
AOL· 7 hours agoToday's rates on a 30-year mortgage are steady, while 15-year rates show a rise as of Thursday, May 16, 2024. The latest consumer pricing data released yesterday indicates inflation ...
New inflation reading offers hope for Fed rate cuts
Yahoo Finance· 1 day agoThat implies it will take more than three inflation reports for the Fed to feel confident about lowering rates from a 23-year high, putting the odds of a...
Dow Average Is Trading Near Historic 40,000 Mark: Markets Wrap
Bloomberg via Yahoo Finance· 21 minutes ago...Bloomberg) -- The world’s largest stock market hovered near its all-time highs, with the Dow...
Fed’s Mester Suggests Interest Rates Should Stay High for Longer
Bloomberg via Yahoo Finance· 2 hours ago(Bloomberg) -- Federal Reserve Bank of Cleveland President Loretta Mester said policymakers need...
It’s too soon to cut interest rates, says Bank of England policymaker
The Telegraph via Yahoo Finance· 2 hours agoIt is too soon to cut interest rates without more evidence that pay growth and inflation are really...
BSP signals possible rate cut in Aug. - BusinessWorld Online
BusinessWorld· 2 hours agoTHE BANGKO ng Pilipinas (BSP) stood pat for a fifth straight meeting but signaled a “less hawkish”...
