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Fed to cut rates twice this year, starting Sept; but one or none still a risk: Reuters poll
Reuters via Yahoo Finance· 7 hours agoThe U.S. Federal Reserve will cut its key interest rate in September and once more this year,...
30-Year Fixed-Rate Mortgage Slips: Current Mortgage Interest Rates on June 5, 2024
CNET· 8 hours agoThe average interest rate for a standard 30-year fixed mortgage is 7.10% today, a decrease of -0.03%...
... His View That The Economy Is 'Slowing More Than Many..., Including The FederalReserve' - iShares...
Benzinga· 16 hours agoWhat Happened: El-Erian suggested that this data point is consistent with his previous observations...
Economy is slowing much faster than the Fed expected: Mohamed El-Erian
FOX Business· 44 minutes ago"And all that is saying to us is that the economy is slowing much faster than most people expected,...
People are exiting the stock market in droves
CNN Business via Yahoo Finance· 8 hours agoThat’s the lowest ratio since June 2021, BLS data shows. A slowing of job growth could put the labor market on closer footing to pre-pandemic levels, but...
Bond Markets Are Sniffing Out Trouble. It’s Unrelated to Inflation.
Barrons.com· 6 hours agoPay attention to Friday’s jobs report and unemployment rate. “We have been pounding the table that...
Interest rate cut bets shift after surprising ADP jobs data
TheStreet via Yahoo Finance· 6 hours agoThe U.S. economy saw softening private sector job creation last month, ADP reported Wednesday,...
Gold climbs on soft US jobs data, lower US Treasury yields
The Forex Market· 58 minutes agoThe Institute for Supply Management (ISM) showed the US economy continues to expand in its service...
Stock markets rise on US jobs data, looming eurozone rate cut | Fox 11 Tri Cities Fox 41 Yakima
FOX 11/41 Yakima· 3 hours agoNew York’s broad-based S&P 500, the tech-heavy Nasdaq and the Dow were...Investors have been...
Distract the voters
Reason.com· 6 hours agoInflation has been partly tamed (though at the cost of rate hikes by the Federal Reserve). The jobless rate is good, wage growth is decent, and yet...