Tag Archives: rate

[unable to retrieve full-text content]European Stocks Waver as Traders Assess Rate Path: Markets Wrap  Yahoo Finance Source link

[unable to retrieve full-text content]Lionel Messi is picking apart MLS at a ridiculous rate  Yahoo Sports Source link

[unable to retrieve full-text content]The Fed’s deadline for rate cuts this year is sooner than you think: Morning Brief  Yahoo Finance Source link

[unable to retrieve full-text content]Wall Street Selloff Goes Global Amid US Rate Angst: Markets Wrap  Yahoo Finance Source link

[unable to retrieve full-text content]Why stocks could still rise even as rate cut hopes fade  Yahoo Finance Source link

[unable to retrieve full-text content]Stocks Fall on Fears Rate Cuts Will Be Delayed: Markets Wrap  Yahoo Finance Source link

As car prices moderate from a pandemic-era surge, insurance has pushed the cost of car ownership to the brink for many Americans. New data out this week showed auto insurance costs rose 20.6% from the prior year in February, matching January’s increase as the most since December 1976, when costs rose 22.4% over the prior year. On an annual basis, motor vehicle insurance costs rose 17.4% in 2023, the most since a 28.7% increase in 1976, according to data from the BLS. The sticker shock hitting… Source link

[unable to retrieve full-text content]Stock market today: Stocks rebound as Powell sticks to script on rate cuts  Yahoo Finance Source link

Federal Reserve Chair Jerome Powell plans to tell House lawmakers Wednesday that interest rate cuts are likely “at some point” in 2024, but that the central bank will proceed cautiously as it evaluates whether inflation is cooling appropriately. “If the economy evolves broadly as expected, it will likely be appropriate to begin dialing back policy restraint at some point this year,” Powell said in a copy of his prepared remarks to the House Financial Services Committee. The group at the Fed… Source link

The Federal Reserve maintained its benchmark interest rate on Wednesday in a range of 5.25%-5.50%, the highest since 2001, and cautioned it won’t begin lowering interest rates until it sees further progress on inflation returning to its 2% target. “The Committee does not expect it will be appropriate to reduce the target range until it has gained greater confidence that inflation is moving sustainably toward 2%,” the Fed said in its policy statement. Fed chair Jerome Powell at his Wednesday… Source link