Read more at CBS News.
New data from June shows inflation cooled, raising hopes for the Fed to cut its key rate
Date: | |
Tag: | Federal Reserve |
-
CNBC - Business
Powell says September rate cut 'on the table' if inflation data continues to cool
Fed Chair Jerome Powell said Wednesday that central bankers would consider the "totality" of data in determining when to cut.1 hr ago -
The New York Times - Business
Fed Opens Door to September Rate Cut if Inflation Stays Cool
Federal Reserve officials left interest rates unchanged but signaled that a rate cut could be imminent as they watch inflation and the labor market.27 min ago - Federal Reserve -
The Hill - Politics
Powell: Fed could cut rates 'as soon as' September if inflation, job market keep cooling
Federal Reserve Chair Jerome Powell said Wednesday that the central bank could cut rates "as soon as" September if inflation and the job market continued to cool down. After the Fed announced Wednesday it would hold rates steady, Powell said he ...2 hr ago - Federal Reserve -
The Wall Street Journal - World
Eurozone Inflation Picks Up Pace in Blow to Rate-Cut Hopes
Inflation unexpectedly heated up in the eurozone this month, presenting a fresh challenge to policymakers looking for signs that eurozone price rises are easing sustainably.10 hr ago -
MarketWatch - Business
Whether the Fed cuts rates or not, inflation is going higher — and so are stocks
The U.S. economy and the stock market can thrive even if inflation doesn’t fall to 2%.9 hr ago - Federal Reserve -
NBC News - Top stories
Fed holds interest rates but keeps door open to a cut in coming months
Federal Reserve officials said Wednesday that while there are signs the economy is slowing, it was not yet ready to cut its key interest rate.1 hr ago - Federal Reserve -
MarketWatch - Business
LeBron James and his USA basketball teammates have made $4.7 billion. Here’s how much most U.S. Olympians make.
About 27% of current U.S. Olympic athletes earn less than $15,000 a year2 hr ago -
MarketWatch - Business
Powell says interest-rate cut ‘on the table’ in September if inflation eases again
The Federal Reserve on Wednesday held its benchmark interest rate steady in a range of 5.25% to 5.5%.52 min ago -
The Wall Street Journal - World
The WSJ Dollar Index Falls
The WSJ Dollar Index slipped amid expectations that the Fed will cut rates in September.22 hr ago -
MarketWatch - Business
Gold posts record-high finish, lifted by Fed rate-cut hopes, Middle East violence
Gold futures settled sharply higher in Wednesday dealings, with prices teasing a fresh record-high finish, as expectations for a U.S. interest-rate cut in the coming months and violence in the Middle East lifted the precious metal’s investment ...2 hr ago - Federal Reserve
More from CBS News
-
CBS News - Top stories
The Fed's keeping interest rates high. Here's how to take advantage while you still can.
A Federal Reserve interest rate cut appears likely for September. Here are three things savers should do before.20 min ago -
CBS News - Top stories
StubHub sued for allegedly tricking customers
A new lawsuit alleges StubHub took part in predatory sales tactics that led to customers paying more than expected. CBS MoneyWatch associate managing editor Aimee Picchi has more.22 min ago -
CBS News - Top stories
Trump spars with Black journalists at annual conference Q&A event
Former President Donald Trump's appearance before the National Association of Black Journalists in Chicago quickly turned hostile on Wednesday.27 min ago - Donald Trump -
CBS News - Top stories
Violent protests in Southport after kids event stabbing
Protests that erupted in the U.K. overnight were apparently fueled by online speculation over the identity and background of the 17-year-old accused of stabbing children at a Taylor Swift-themed event in Southport. Daniel Sandford with BBC News, a ...33 min ago -
CBS News - Top stories
14 risk factors for Alzheimer's disease — and what you can do about them
A new study highlights new risk factors for dementia, as well as 12 previously known risk factors, and ways to combat them.34 min ago