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Rising core inflation and foggy tariff risks inject fresh uncertainty into the Federal Reserve and interest rates.
The average rate on 30-year fixed home loans registered 6.63% for the week ending Aug. 7, down from 6.72% last week.
Treasury Secretary Bessent urges a Fed rate cut of 50 basis points in September, citing weak jobs data and stable inflation ...
16hon MSN
Key inflation rate shows biggest rise in 6 months, CPI shows, but Fed rate cut still appears in play
A key measure of consumer prices posted the biggest increase in July in six months, suggesting inflation is showing upward ...
15hon MSN
Stocks rally, oil prices drop after modest US inflation data solidifies Fed rate cut expectations
World shares rallied on Tuesday as U.S. consumer prices data failed to shake market expectations of an impending Federal ...
1don MSN
One FOMC dissenter might have just called out the Fed for its shifting base interest-rate policy
Citing sharp downward revisions to U.S. job growth, Bowman reiterated her forecast for three cuts this year while warning ...
Fed Governor Michelle Bowman spoke this weekend and maintained her projection of three interest rate cuts in 2025 despite the ...
By Ateev Bhandari (Reuters) -Cash allocations by U.S. corporations have halved since 2021 as elevated interest rates prompt a ...
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