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Another Rate Hike Coming In 2024? Macquarie Economists Reverse Forecast: Warn Of 'Increasingly Ominous' Policy Rate Change

The economic outlook for 2024 is taking an unexpected turn as economists at Macquarie have revised their predictions for interest rates, now suggesting a potential hike.

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Bitcoin, Dogecoin, Shiba Inu Pumped After The Last FOMC Meeting—Will History Repeat On Wednesday?

Bitcoin, Dogecoin, Shiba Inu Pumped After The Last FOMC Meeting—Will History Repeat On Wednesday?
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Mike Johnson Declines Invitation to Be a Hostage

Without willing hostages, MTG et al. have little real power.

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Federal Reserve Meeting Preview: High Interest Rates 'Need More Time To Work,' Bank of America Says

Recent inflation surprises have left the Federal Reserve without sufficient confidence to consider interest rate reductions, prompting a scenario of higher-for-longer interest rates. That’s the insight coming from Bank of America’s U.S. economist Michael Gapen ahead of this week’s Federal Open Market Committee meeting and interest rate decision, due at 2 p.m. ET Wednesday. With no immediate changes in interest rates anticipated, the focus shifts to the Fed’s future policy actions, particularly r

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Federal Reserve Meeting Preview: High Interest Rates 'Need More Time To Work,' Bank of America Says

Federal Reserve Meeting Preview: High Interest Rates 'Need More Time To Work,' Bank of America Says
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Federal Reserve Meeting Preview: High Interest Rates 'Need More Time To Work,' Bank of America Says

Federal Reserve Meeting Preview: High Interest Rates 'Need More Time To Work,' Bank of America Says
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Growth shrinks to 1.6% | The Arkansas Democrat-Gazette - Arkansas' Best News Source

WASHINGTON -- Growth in the nation's economy slowed sharply last quarter to a 1.6% annual pace in the face of high interest rates, but consumers -- the main driver of the economy -- kept spending at a solid pace.

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Growth shrinks to 1.6% | Northwest Arkansas Democrat-Gazette

WASHINGTON -- Growth in the nation's economy slowed sharply last quarter to a 1.6% annual pace in the face of high interest rates, but consumers -- the main driver of the economy -- kept spending at a solid pace.

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Fed's Preferred Inflation Gauge Outstrips Expectations: 'Rate Cuts Aren't Necessary For The Bull Market To Continue'

PCE price index surpasses projections, reaching 2.7% annually in March. Economists offer insights on potential Fed actions, with some expecting a wait-and-see approach and only one rate cut in 2024.

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Economist: 'All of a sudden 'higher for longer' could mean another hike' – Orange County Register

GDP maths shows consumer prices rose at a 3.4% annual rate in the first quarter, up from 1.8% in the final quarter of last year.

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