Artist Tackles Inflation High Interest Rates
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Will High Interest Rates Curb Inflation? The Fed Will Wait and See
While consumers clamor for rate cuts, the central bank leadership is prepared to hang on until inflation stops climbing.Inc. - Business - Federal Reserve -
Fed’s Powell hints interest rates will stay high as US inflation lingers
Central bank chair says economy performing well but cites ‘lack of progress’ on price pressuresFinancial Times - Business - Federal Reserve -
High Interest Rates Are Hitting Poorer Americans the Hardest
The economy as a whole has proved resilient amid the highest rates in decades. But beneath the surface, many low- and moderate-income families are struggling.The New York Times - Business -
Argentina’s central bank lowers interest rates as inflation cools
Financial Times - World - Argentina -
Home Depot misses on revenue, as high interest rates hurt sales
Home Depot reported first-quarter earnings as it tries to grow sales with home professionals in a tough housing market.CNBC - Business -
Fed Chair’s Confidence in Slowing Inflation Is ‘Not as High’ as Before
Jerome H. Powell, the Federal Reserve chair, said the central bank was poised to leave interest rates on hold after surprisingly stubborn inflation.The New York Times - Business - Federal Reserve -
What Forecasters Say About Interest Rates (and Why They Disagree)
Hopes for a steep drop in borrowing costs for consumers and businesses have been dashed. But some experts predict modest reductions in coming months.The New York Times - Business