Bank of America CEO on inflation impact on U.S. economy: 'Rates are going to stay where they are'

• How CD interest rates could be impacted by the inflation rise

  High CD interest rates may remain high now that inflation's ticking up again. Here's what savers should consider.
  
  CBS News - 2h

• Bank of America CEO on inflation impact on U.S. economy: ‘Rates are going to stay where they are’

  The Bureau of Labor Statistics reported hotter-than-expected growth in the U.S. consumer price index, forcing markets to recalibrate rate expectations.
  
  CNBC - 2h

• Banks slash savings rates after Bank of England rate cut

  Dozens of providers reduce rates or withdraw products following BoE move
  
  Financial Times - 3h
• 

  Become Your Bank: Infinite Banking With an Inflation Hedge

  Low interest rates aren’t keeping up with inflation.
  
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• How low can European rates go?

  Central banks have been defining neutral interest rates as Bessent makes a brave bet
  
  Financial Times - 1d

• What the end of the penny means for the economy, your piggy bank, and the way America prices items

  President Trump and Elon Musk want the U.S. penny gone. There are currently 114 billion pennies in circulation, but the economy will be okay without the coin.
  
  CNBC - 2d

• U.S. tariffs and interest rate uncertainties make 2025 a "choppy year": DBS CEO Piyush Gupta

  Gupta's comments come as Southeast Asia's largest bank by assets posted a solid showing in its full year results, with net profit reaching a record high.
  
  CNBC - 2d

• U.S. economy added just 143,000 jobs in January but unemployment rate fell to 4%

  Nonfarm payrolls were projected to increase by 169,000 in January, according to the Dow Jones consensus forecast.
  
  CNBC - 5d
• 

  Bank of England Cuts Rates While Warning of Inflation and Trade War Risks

  The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.
  
  The New York Times - 6d

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