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Wall Street slumps to worst day since April on worries about interest rates
Los Angeles Times· 6 hours agoIn the latest example of how good news for the economy can be bad for Wall Street, most U.S. stocks slumped Thursday after strong economic reports raised the possibility of interest ...
How industry forecasters see 2024 shaping up
HousingWire via Yahoo Finance· 1 day agoEconomists at Bank of America and the Mortgage Bankers Association have new forecasts for this year and next. We look at mortgage rates ...
BlackRock’s bond guru Rick Rieder says the Fed’s favorite inflation firefighting strategy is...
Fortune via AOL· 9 hours ago“It’s ambiguous to me today, at best, whether a higher [interest] rate helps bring down inflation...
US home sales post second straight monthly drop; house prices accelerate
Reuters via Yahoo Finance· 2 days agoU.S. existing home sales unexpectedly fell in April as higher mortgage rates and house prices...
Bank of England will cut interest rates in August, says Goldman Sachs
Daily Telegraph· 1 day agoInflation fell to 2.3pc in April, according to the Office for National Statistics, raising hopes...
CAD Weakness Expected to Be Limited Once Canada Rate Cuts Start
The Wall Street Journal· 1 day agoThe dollar strengthened. CIBC Capital Markets expects weakness in the Canadian dollar to be limited...
Hotel Cap Rates: Adjusting to a New Reality | By Erich Baum
Hospitality Net· 20 hours agoAs detailed in this article, hotel cap rates are higher than they’ve been in recent years and are...
AI stocks leap as interest-rate worries hold back the rest of Wall Street
Detroit News· 11 hours agoIn the latest example of how good news for the economy isn't necessarily good for Wall Street,...
Homeowners given hope of THREE interest rate cuts this year by a new report by leading economists
Evening Standard via Yahoo News· 3 days agoRenters...also see their payments rising less sharply, or possibly even falling, if landlords’ ...
Rates should be cut to 3.5% by end of 2025, IMF says
BBC via Yahoo Finance· 2 days ago[Getty Images] UK interest rates should be cut to 3.5% by the end of next year, the International...move could see the Bank of England cut its key rate...