Fed should let interest rates rise to support healthy growth
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Armenia’s Central Bank cuts refinancing rate to 8.25%
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Worst of Both Worlds: U.S. Economic Growth Slows as Inflation Rates Rise
Today, the Commerce Department released a snapshot of its growth report for the first quarter. The country’s gross domestic product (GDP) grew by just 1.6 percent, its slowest pace in nearly two years. Further, inflation rates have also risen dramatically. Many economists are describing this as “the worst of both worlds.” Economists polled by Reuters […]
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Fed officials vote to keep interest rates at 23-year highs – here’s what that means for YOUR wallet
Fed officials vote to keep interest rates at 23-year highs - here's what that means for YOUR wallet - The Federal Reserve decides to keep interest rates at their current levels Rates are currently between 5.25 and 5.5 percent – the highest level in 23 years It is the sixth time in a row that the Fed has kept interest rates at the same level By Helena Kelly, Deputy Consumer Editor for Dailymail.Com Published: 2:00 p.m. EDT, May 1, 2024 | Updated: 3:00 p.m. EDT,...