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Morning Bid: Fed Fears Overwhelm AI Theme, Gold Recoils
US News & World Report· 5 days agoThe good news is that's largely down to the sheer strength of the ongoing U.S. expansion - the bad news is that very strength makes it harder for the Fed to see inflation ...
What’s really happening in America’s economy (Trump and Biden spin aside)
CNN Business via Yahoo Finance· 5 days agoThat trajectory has taken many Fed officials by surprise, including Gov. Christopher...months of...
NZD/USD trades near 0.6100 after trimming losses amid hawkish RBNZ
The Forex Market· 6 days agoNZD/USD received pressure due to the emergence of the risk aversion sentiment after the...
Europe stocks close lower; Royal Mail owner IDS up 4% on sale agreement
CNBC· 15 hours agoEuropean stock markets closed lower on Wednesday, with the Stoxx 600 recording its worst session...
Majority of rates rise | Mortgage rates for May 24th, 2024
Bankrate.com· 6 days agoMortgage interest rates were mostly up versus last week, according to rate data collected by Bankrate. Rates for 30-year fixed, 15-year fixed and jumbo mortgages moved higher, while 5/1 ARM ...
Dollar holds steady as markets eye U.S. inflation test later in the week
Investing.com via Yahoo Finance· 3 days agoInvesting.com -- Most European and Asian currencies were treading water on Monday, while the dollar steadied in thin trade, as markets awaited more cues on U.S. interest rates from key inflation data later in the week.
Rates decrease | Current mortgage rates for May 23rd, 2024
Bankrate.com· 7 days agoThe movement of fixed mortgage rates parallels the 10-year Treasury yield, which moves as investor appetite fluctuates with the state of the economy, inflation and Federal ...
Is My Money Safe in the Bank?
AOL· 4 days agoRecently the FDIC has managed two of the largest bank failures in U.S. history. The collapse of Silicon Valley Bank (SVB) and Signature Bank in March 2023 happened shockingly fast. The federal ...
Gold Falls From Highs
Benzinga· 6 days agoThe price of gold fell to $2370.00 per troy ounce by Thursday following the release of the minutes from the latest US Federal Reserve meeting. The general tone of the < ...
Shares may trade sideways amid lack of drivers - BusinessWorld Online
BusinessWorld· 3 days agoWeek on week, however, the PSEi rose by 0.02% or 1.20 points from its 6,618.69 close on May 17. “Hawkish comments from the US Federal Reserve prevented the PSEi from gaining ...