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Philly Fed Index Unexpectedly Indicates Slower Growth In June
RTT News· 14 hours agoThe Federal Reserve Bank of Philadelphia released a report on Thursday showing an unexpected slowdown in the pace of growth by regional manufacturing activity in the month of June. The Philly ...
Mortgages Cool Off for Homeseekers: Mortgage Interest Rates Today for June 20, 2024
CNET· 12 hours agoThe average interest rate for a standard 30-year fixed mortgage is 0.00% today, a decrease of -7.05%...
Gold set for weekly gain on US rate-cut optimism, geopolitical woes
Reuters via Yahoo Finance· 4 minutes agoGold prices were poised for a second consecutive weekly gain on Friday, driven by safe-haven demand...
Nvidia suffers rare retreat as Nasdaq streak ends
AFP via Yahoo Finance· 7 hours agoThe torrid rally in Nvidia and other artificial intelligence-linked equities took a pause Thursday, leaving the tech-centered Nasdaq lower following...
Bullard Says Latest US CPI Sparks Hope of September Rate Cut
Bloomberg Law· 1 hour agoFormer Federal Reserve Bank of St. Louis President James Bullard said he expects the pace of US monetary policy easing to be slow, although the latest inflation print sparks hope for a September interest-rate cut.
Fed’s Barkin Says Inflation to Linger as Rate Hikes Take Full Effect
Barrons.com· 6 hours agoSTOCK ALERT Federal Reserve Bank of Richmond President Thomas Barkin sees lingering inflationary...
How Investors Can Outpace the Returns of Money Market Funds
Morningstar· 9 hours agoSchneider points out three practical affects of the Federal Reserve: broadly evaluating the economic...
Fed's Kashkari: Will probably take a year or two to get inflation back to 2%
The Forex Market· 11 hours agoFederal Reserve (Fed) Bank of Minneapolis President Neel Kashkari argued on Thursday that it will...
The Fed must lower rates and upgrade flawed data to stay effective
The Hill· 12 hours agoJerome Powell, chairman of the Federal Reserve Board, announced last week that the board has decided to keep the discount rate unchanged, despite cooling inflation data from the Bureau of Labor ...
The Federal Reserve Delivered Bad News For The Housing Market This Week
Benzinga via Yahoo Finance· 2 days agoThe Federal Reserve delivered a cautionary update this week, indicating fewer anticipated interest...