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Fed Chair Powell ‘backed himself into a corner’ by predicting rate cuts this year and is now in a...
Fortune via AOL· 5 days agoJust a few months ago, Federal Reserve Chairman Jerome Powell was looking quite prescient. After...
To fight inflation, we should look for ways beyond the Fed’s policies
The Hill· 2 days agoFederal Reserve Chair Jerome Powell and the Fed Board have had people guessing since December about...
What is the Federal Reserve?
Yahoo Personal Finance· 2 days agoFed's Board of Governors. Each regional reserve bank helps facilitate funds transfers between banks and the other districts and researches economic...
Mortgage rates spike as the economy remains strong - HousingWire
HousingWire· 1 day agoMortgage rates kept climbing on the back of a string of market-moving news. Notably, Federal Reserve...
The Fed’s probably going to hold rates steady for longer than expected. But even when that awaited...
Fortune via Yahoo Finance· 7 days agoFederal Reserve Chair Jerome Powell earlier this week said that inflation’s proving sticky and that...
A new reality of 7% mortgage rates could be setting in, top economist says
Fortune· 7 hours agoAt one point, the average mortgage rate was as low as 2.65%. “If we look at where a 10-year Treasury yield is trading or settling, that’s a key driver of where mortgage rates are going,” Riccadonna ...
Charting the Global Economy: Fed Delay Recalibrates All Rates
Bloomberg· 5 days agoFederal Reserve Chair Jerome Powell signaled US central bankers will wait longer to cut borrowing costs following a series of surprisingly ...
Will Hotter-Than-Expected March Inflation Push CD Rates Higher?
The Motley Fool· 9 hours agoJust when you thought hot inflation had finally cooled off, out jumps some indication that the...
US Bank Reserve Balances See Largest Drop Since 2022 Tax Season
Bloomberg via Yahoo Finance· 6 days ago(Bloomberg) -- The amount of reserves in banking system — a key determinant for the Federal Reserve...
High Borrowing Costs Have Some Democrats Urging Biden to Pressure the Fed
The New York Times via Yahoo News· 10 hours agoYet so far, Biden has not called on the Federal Reserve, which has raised interest rates to their...