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The Fed's next move

The Fed's next move

Growth in the US economy continues to surprise to the upside while inflation declines, adding more clarity to what the Federal Reserve may opt to do next to continue the trajectory. Analysts continue to speculate on whether or not the Fed will cut rates in 2024.
  • Business
    Yahoo Finance

    Inflation data, Powell speaks, and big banks report earnings: What to know this week

    With a cooling labor market narrative emerging, investor focus will shift back to inflation for signs that a September interest rate cut remains likely for the Federal Reserve.

  • Business
    Bloomberg

    Fed’s Powell to Testify as Inflation, Hiring Cool

    (Bloomberg) -- Jerome Powell is likely to tell lawmakers that Federal Reserve officials need further confirmation inflation is slowing before they’re in a position to cut interest rates, even with evidence building of softer growth and employment.Most Read from BloombergBiden Narrows Gap With Trump in Swing States Despite Debate LossLe Pen Party Seeks Major French Election Win: What to WatchSingapore Is Making Life Tougher for Global TalentBiden’s Defiant Interview Is Unlikely to Calm NervesIran

  • Business
    Yahoo Personal Finance

    Savings interest rates today, July 6, 2024 (best account provides 5.30% APY)

    If you’re searching for today’s best savings interest rates, we’ve narrowed down some of the top offers. Learn more about savings interest rates today.