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Barry Sternlicht says the Fed’s ‘tool kit is flawed’ for this economy, urges Fed rate cuts
Market Watch· 34 minutes ago“He has to be super careful because his tools — his tool kit is flawed,” Sternlicht said Wednesday...
Why Did the iShares Bitcoin Trust Drop 17% in April?
Motley Fool via Yahoo Finance· 6 minutes agoFor more than a year now, investors have anticipated an end to the Fed's tight policy. The central bank is likely to slowly cut rates once inflation gets...
Stock market today: Dow extends winning streak to 6 days
Yahoo Finance· 1 hour agoUS stocks were a mixed bag on Wednesday as investors tried to read the rate-cut runes and weighed a...
Stalled inflation after rate hikes raises question about neutral rate, Kashkari says
Seeking Alpha· 1 day agoInflation appears to have gone sideways, while the U.S. economy remains strong, said Minneapolis Fed...
Getting Inflation Down May Require Weaker Labor Market, Fed’s Collins Says
Barrons.com· 4 hours agoFEATURE Still too-high inflation and an uncertain economic outlook mean the Federal Reserve should...
Collins becomes latest Fed official to warn rates will likely stay higher for longer
AOL· 6 hours agoBoston Fed president Susan Collins said Wednesday it will take longer "than previously thought" to...
Interest rates- live: Bank of England under pressure to cut rates as mortgage costs rise
The Independent via Yahoo Finance· 6 hours agoBut experts suggested that two key economic indicators for the Bank of England – pay growth and...
With inflation soaring, Argentina will start printing 10,000-peso notes
Los Angeles Times· 58 minutes agoThe recent central bank announcement promised to lighten the load for many Argentines who must carry around giant bags — occasionally, suitcases — stuffed with cash for simple transactions.
Daily mortgage rates for May 8, 2024: Rates ease down on popular 30-year, 15-year terms
AOL· 11 hours agoAverage mortgage rates on popular 30-year and 15-year terms appear to be easing down as of Wednesday, May 8, 2024, after spiking above 7% after the Fed's hold on key benchmark interest rates ...
Iceland Holds Rates at 9.25% as Inflation Remains Stubborn
Bloomberg· 13 hours agoIceland’s central bank kept interest rates at the highest level in Western Europe as its work to tame inflation continues even as the economy is cooling.
