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The economy needs to take one of these 2 paths before the Fed cuts interest rates, Powell says
INSIDER via Yahoo News· 7 days agoOn Wednesday, the Federal Open Market Committee announced that interest rates would remain...
How the Federal Reserve impacts personal loans
Bankrate via Yahoo Finance· 5 days ago“Prior to the May inflation announcement, the assumption was that the Fed would hold steady until the summer break and re-evaluate in September again. I...
Stocks Turn Higher After Powell Comments
The Wall Street Journal· 7 days agoInvestors are parsing his remarks for clues about the possible path... S&P 500 fell sharply yesterday to close out its worst month since September....
America’s Roundup: Dollar weakens on Fed rate cut hopes, Wall Street closes higher, Gold climbs, Oil...
EconoTimes· 2 days agoMarket Roundup French 6-Month BTF Auction 3.666%, 3.710% previous French 3-Month BTF Auction 3.803%...
FOMC holds rates in place and will slow balance sheet drawdown
Reuters via Yahoo Finance· 7 days agoThe Fed left the cap on how many mortgage-backed securities it will allow to roll off its books at...
Stocks end sharply higher, jobs data bolsters case for rate cuts | Honolulu Star-Advertiser
Honolulu Star-Advertiser· 5 days agoAll three major U.S. stocks posted robust gains. The tech-heavy Nasdaq led the pack, rising 2% with...
What Does the New Fed Rate Hold Mean for 2024 Mortgage Rates?
Investopedia· 6 days agoIt's popularly believed that when the Federal Reserve raises the federal funds rate—as it did...
Stock Market Today: S&P 500 closes higher as rate cut hopes fuel rally By Investing.com
Investing.com· 3 days agoTraders are now wagering that the central bank will begin trimming rates as soon as September, but...
Mortgage Interest Rates Today, May 3, 2024 | Rates Inch Down but Remain Above 7%
Business Insider· 5 days agoThese are today's mortgage and refinance rates. Mortgage rates ticked down a bit, but they remain...
European Midday Briefing: Stocks Steady as Powell Suggests Rate Hike Unlikely
Morningstar· 6 days agoSpeaking at a press conference on Wednesday that followed the Fed's decision to leave rates unchanged at a 23-year high for the sixth meeting in a row, Jerome Powell said he thought it "unlikely ...