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BlackRock’s bond guru Rick Rieder says the Fed’s favorite inflation firefighting strategy is...
Fortune via Yahoo Finance· 5 days ago“It’s ambiguous to me today, at best, whether a higher [interest] rate helps bring down inflation...
Wall Street veteran trader revamps SoFi stock price targets
TheStreet via Yahoo Finance· 23 hours ago"Even though the [increased] full-year forecast was made at the same time, this could be spooking a...
U.S. existing home sales drop 1.9% in April, pushed lower by high rates and high prices
Billings Gazette· 4 days agoWASHINGTON — High mortgage rates and rising prices continued to put a damper on the spring homebuying season last month.
US New Home Sales Miss Expectations In April
International Business Times· 5 days agorate, said the Commerce Department. Home sales have taken a hit since the Federal Reserve raised the benchmark lending rate rapidly in 2022 to curb...
US home sales post second straight monthly drop; house prices accelerate By Reuters
Investing.com· 6 days agoU.S. existing home sales unexpectedly fell in April as higher mortgage rates and house prices...
Hunt hit by inflation ‘miss’ and benefits bill
Evening Standard via Yahoo Finance· 6 days agoThe slight fall in the pricing of fixed rate deals seen over the past few weeks is now likely to be...which the Bank of England will cut interest rates.
US new home sales miss expectations in April
Alaska Superstation· 5 days agorate, said the Commerce Department. Home sales have taken a hit since the Federal Reserve raised the benchmark lending rate rapidly in 2022 to curb...
TheStreet Pro
TheStreet.com· 16 hours ago1) The US S&P Global composite PMI for May was better than expected mostly driven by a jump in services to 54.8 from 51.3. While confidence grew overall...
Inflation ‘back to normal’, declares PM despite smaller-than-expected decline
Press Association News via AOL· 7 days agoHowever, services inflation, which looks only at service...March to 5.9% in April, when analysts had...
UK inflation slows to near three-year low
The Raw Story· 6 days agoApril marked the lowest level since July 2021, when inflation had stood at the Bank of England's 2.0-percent target. The news comes after the British...