Rock-Bottom Interest Rates May Be Here to Stay The New York TimesFed officials warn of long road ahead for U.S. economic recovery Yahoo FinanceFed's Vice Chair says bank's actions have bought time for economy Fox BusinessPandemic Poses Most Serious Threat to Fed’s Goals ‘In Our Lifetimes,’ Says Top Fed Official The Wall Street JournalFed's Powell Says Economic Forecasts Filled With Uncertainty U.S.

BING NEWS:
  • Fed Rate Predictions: Forget Interest Rate Cuts. One Economist Says Rate Hikes Are More Likely This Year
    The Fed paused the federal funds rate at a target range of 5.25% to 5.5% in August last year after raising interest rates 11 times between March 2022 and July 2023. Inflation reacted quickly, dropping ...
    04/26/2024 - 3:56 pm | View Link
  • Stubborn Inflation Could Prod Fed to Keep Rates High for Longer
    Fed officials typically keep a close eye on a measure that strips out food and fuel costs, both of which are volatile, to get a sense of the underlying inflation trend. That “core” measure increased ...
    04/26/2024 - 9:07 am | View Link
  • Why You Can't Afford Most Hotels In New York City
    On a Friday night in March 2011, I stayed at an upscale W Hotel on Lexington Avenue in New York City for $124. That hotel later became The Maxwell, but sadly it didn’t survive the pandemic& ...
    04/25/2024 - 6:00 pm | View Link
  • Interest rates to stay 'higher for longer,' Huntington CEO Steve Steinour says
    Huntington Bancshares' top executive, Steve Steinour, says inflation and a stronger economy are keeping interest rates higher than many predicted.
    04/19/2024 - 11:06 pm | View Link
  • Contrary to the NYT, Mortgage Rates are Unlikely to Stay Where They Are
    The New York Times did a classic the economy is awful story by highlighting the fact that 1.3 million homeowners might not be moving because of the large ...
    04/17/2024 - 6:43 pm | View Link
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