Federal Reserve Chair Janet Yellen begins two days of congressional testimony with the delivery of the Fed's semiannual report on interest-rate policies

BING NEWS:
  • Here’s what would happen to the US economy if there are no rate cuts this year
    Federal Reserve officials have been saying for months they need to see more convincing data demonstrating that inflation is on a sustainable path to 2% before they can feel comfortable cutting rates.
    04/16/2024 - 9:57 am | View Link
  • Fed’s Powell: Elevated inflation will likely delay rate cuts this year
    Federal Reserve Chair Jerome Powell cautioned that persistently elevated inflation will likely delay any Fed rate cuts until later this year, opening the door to a period of higher-for-longer interest ...
    04/16/2024 - 8:41 am | View Link
  • Fed Chair Powell hints at no interest rate cut in May, keeping rates higher for longer
    The US economy’s enduring strength and the possibility that inflation’s progress might have stalled means the central bank likely won’t cut interest rates at its upcoming policy meeting just two weeks ...
    04/16/2024 - 6:38 am | View Link
  • Fresh uncertainty around Fed rate cuts exposes the stock market’s winners and losers
    Higher U.S. inflation is dashing investors’ hopes for multiple Federal Reserve rate cuts this year, while opening the door to 5% Treasury yields across ...
    04/14/2024 - 5:01 am | View Link
  • What if Dario Amodei Is Right About A.I.?
    Anthropic’s co-founder and C.E.O. explains why he thinks artificial intelligence is on an “exponential curve.” ...
    04/12/2024 - 9:18 am | View Link
  • More

 

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