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Buckle up America: Powell says interest rates will likely stay higher for longer as inflation...
INSIDER via Yahoo News· 5 hours agoFederal Reserve Chair Jerome Powell.Kent Nishimura/Getty Images Fed Chair Jerome Powell said that he...
Fed's Powell Downplays Potential for a Rate Hike Despite Higher Price Pressures
Insurance Journal· 5 hours agoFederal Reserve Chair Jerome Powell said Tuesday that the central bank is unlikely to raise its key...
Mortgage rates inch down for second straight week
Yahoo Finance· 2 hours agoThe average 30-year fixed mortgage rate dropped closer to 7% this week, declining for two straight weeks after multiple increases in April and early May.
Fed's Powell says high interest rates may 'take longer than expected' to lower inflation
USA TODAY via Yahoo Finance· 2 days agoFederal Reserve Chair Jerome Powell said Tuesday that “it may take longer than expected” for high...
Fed Chair Jerome Powell Maintains Wait-and-See Posture on Inflation and Rates
The Wall Street Journal· 2 days agoFederal Reserve Chair Jerome Powell affirmed the central bank’s plans to hold interest rates at the...
Markets Boomed on Inflation Data but Fed Rate Cuts Remain Complicated, Here’s Why. And 5 Other...
Barrons.com· 9 hours agoFEATURE Stocks rallied on Wednesday after the consumer price index showed inflation slowing....
Long-term mortgage rates retreat for second straight week, US average at 7.02%
Associated Press Finance via Yahoo Finance· 4 hours agoThe average 30-year rate fell to 7.02% from 7.09% last week, mortgage buyer Freddie Mac said...
US Dollar appreciation continues against Japanese Yen
The Forex Market· 9 hours agoThe US Dollar (USD) has maintained its strength against the Japanese Yen (JPY), driven by persistent...
Fed Chair Jerome Powell says inflation has been higher than thought and expects rates to hold steady
NBC Universal via AOL· 2 days agoFederal Reserve Chair Jerome Powell reiterated Tuesday that inflation is falling more slowly than...
Stock Market News for May 16, 2024
Zacks via Yahoo Finance· 7 hours agoU.S. stocks closed higher on Wednesday as investors digested economic data, which showed Federal Reserve Chair Jerome Powell's cautious stance,...