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Pandemic-Era Inflation Keeps Holding Rate Cuts Back
Continuing high prices for car insurance, rent, and healthcare have roots in the pandemic, and mean hopes for a 2024 rate cut are fading.
Hopes of interest rate cuts fade in US due to persistently high inflation
The delay in rate cuts is largely due to inflation pressures that are plaguing the economy, driven primarily by lingering effects of the pandemic
Inflation pressures lingering from pandemic are keeping Fed rate cuts on pause
Hopes for
interest
rate
cuts this year by the Federal Reserve are steadily fading, with a stream of recent remarks by Fed officials underscoring their intention to keep borrowing costs high as long as needed to curb persistently elevated inflation ...
Inflation Concerns Push Fed Rate Cut Predictions to September
The debate over the timing of the Federal Reserve’s first rate cut has intensified, with market sentiment now leaning towards a postponement until September. This shift comes amid persistent inflation concerns and recent statements from key Fed officials.
Inflation pressures lingering from pandemic may keep Feds from lowering interest rates
Though Fed officials say they expect inflation in key areas to eventually cool, they've signaled that they're prepared to wait as long as it takes.
16d
on MSN
Jefferson Says Fed Should Hold Rates Until Inflation Eases
Federal Reserve Vice Chair Philip Jefferson said communication from officials with diverging views can lead to confusion ...
16d
on MSN
Fed’s Jefferson calls for holding rates steady until inflation cools further
Federal Reserve vice chair Philip Jefferson on Monday became the latest central bank official to call for holding interest ...
15d
on MSN
Economy not feeling pinch from interest rate hikes yet
"What you have right now is a situation where these high rates aren't generating more braking power on the economy," said ...
2d
on MSN
ECB ready to start cutting interest rates, chief economist says
The European Central Bank will likely cut interest rates from historic highs at its meeting on June 6th and, and in an ...
8d
on MSN
Treasury yields hold steady as investors weigh inflation, interest rate outlook
U.S. Treasury yields were little changed Tuesday as investors weighed the outlook for inflation and interest rates after ...
londonlovesbusiness.com
15d
Oil declines today as uncertainty over the path of interest rates worsen
Crude oil returns to decline today across both major benchmarks, Brent and WTI, by approximately 0.3%, after yesterday’s ...
8d
on MSN
Oil prices fall on fear of high US interest rates depressing demand
Oil prices fell in early Asian trade on Tuesday, with investors anticipating higher-for-longer U.S. inflation and interest rates will depress consumer and industrial demand.
20h
Domestic violence shelter in Jefferson County at risk of funding cuts
A domestic violence shelter is at risk of its funding being cut by 50% due to budget shortfalls in Jefferson County.
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