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FOMC in the rear-view mirror – NFP eyed
The Forex Market· 6 days agoThe update from May’s FOMC rate announcement proved more dovish than expected, which naturally weighed on the US dollar (sending the DXY to lows of...
Australian dollar weakens as RBA says no rate hikes planned
MarketPulse· 1 day agoThe Australian dollar has lost ground on Tuesday. AUD/USD has dropped by 0.31%, trading at 0.6604 in...
Waiting for Lower Mortgage Rates? Prepare To Dig In for the Long Haul
San Francisco Chronicle· 3 days agoProspective homebuyers waiting for mortgage rates to come down sharply are likely facing a lengthy...
US Fed keeps interest rates at 23-year high amid stubborn inflation
Al Jazeera· 7 days agoThe US Federal Reserve has held interest rates at a 23-year high amid stubborn cost-of-living...
What Does the New Fed Rate Hold Mean for 2024 Mortgage Rates?
Investopedia· 7 days agoIt's popularly believed that when the Federal Reserve raises the federal funds rate—as it did...
European Midday Briefing: Stocks Steady as Powell Suggests Rate Hike Unlikely
Morningstar· 7 days agoSpeaking at a press conference on Wednesday that followed the Fed's decision to leave rates unchanged at a 23-year high for the sixth meeting in a row, Jerome Powell said he thought it "unlikely ...
Stocks end mixed as Fed leaves rates unchanged | Northwest Arkansas Democrat-Gazette
Northwest Arkansas Democrat Gazette· 7 days agoThe S&P 500 fell 17.30 points, or 0.3%, to 5,018.39 after the Fed held its main interest rate at its...
Stock Market Today: Stocks gain as Powell nixes rate hikes; Apple on deck
TheStreet via Yahoo Finance· 7 days agoThe hawkish stance reflected, however, a caveat: Powell's rejection of a pending rate hike, which...
Wall St ends sharply higher, US jobs data strengthens case for rate cuts
StreetInsider· 5 days agoThe tech-heavy Nasdaq led the pack with an assist from Apple shares following the iPhone maker's record share buyback announcement. All three indexes were on track for their ...
U.S. Stocks Rally Amid Easing Worries About Possible Rate Hike
RTT News· 6 days agoThe strength that emerged on Wall Street came as traders seemed to breathe a sigh of relief following the Federal Reserve's monetary policy announcement on Wednesday. Traders ...