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NY Fed official tells bond market to get ready for central clearing
Reuters via Yahoo Finance· 31 minutes agoA top Federal Reserve Bank of New York official said Wednesday it’s time now for market participants...
Bank of Canada Cuts Rates to Become First G-7 Central Bank to Ease Policy
The Wall Street Journal· 1 hour agoThe Bank of Canada cut its main interest rate by a quarter percentage point, becoming the first...
ECB Poised to Beat Fed to Rate-Cut Punch. Why the Timing Is Awkward.
Barrons.com· 47 minutes agoSTOCKSTOWATCHTODAY BLOG The European Central Bank is widely expected to get ahead of the Federal...
Bank of Canada Cuts Rates to 4.75%, Signals More to Come
Bloomberg via Yahoo Finance· 35 minutes ago(Bloomberg) -- The Bank of Canada cut interest rates as it sees a soft landing on the horizon,...
Daily mortgage rates for June 5, 2024: Rates on 30-year, 15-year terms down week over week
AOL· 6 hours agoSee average mortgage rates for today, for a 30-year fixed mortgage, 15-year fixed, jumbo loans,...
Fed to cut rates twice this year, starting Sept; but one or none still a risk: Reuters poll
Reuters via Yahoo Finance· 3 hours agoThe U.S. Federal Reserve will cut its key interest rate in September and once more this year,...
Bank of Canada Cuts Rates. The Move Was Expected.
Barrons.com· 2 hours agoThe Bank of Canada loosened its policy rate by 25 basis points on Wednesday, a move that adds further pressure on the Federal Reserve to cut rates. To...
European stocks rise before rate cut, Wall Street mixed
AFP via Yahoo Finance· 2 hours agoEuropean stock markets rose Wednesday on the eve of an expected interest-rate cut by the European...
Stocks Set for All-Time High as Bond Yields Fall: Markets Wrap
Bloomberg via Yahoo Finance· 24 minutes ago(Bloomberg) -- The world’s largest technology companies drove stocks higher, with traders also...
30-Year Fixed-Rate Mortgage Slips: Current Mortgage Interest Rates on June 5, 2024
CNET· 5 hours agoThe average interest rate for a standard 30-year fixed mortgage is 7.10% today, a decrease of -0.03%...