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Mortgage rates fall to their lowest level in almost three months
CNN Business via Yahoo Finance· 16 hours agoMortgage rates fell this week to their lowest level since early April, taking some pressure off...
Federal Reserve sees some progress on inflation but envisions just one rate cut this year
McComb Enterprise-Journal· 4 days agoA screen displays a news conference with Federal Reserve Chairman Jerome Powell on the floor at the New York Stock Exchange in New York, May 1, 2024. On Wednesday, June 12, 2024, the Federal ...
Bitcoin Has a Summer Cold. Big Tech Could Very Well Catch It.
Barrons.com· 2 hours agoSTOCKSTOWATCHTODAY BLOG Bitcoin has caught the early summer sniffles. Will the stock market catch...
BOE Holds Rates Despite Inflation Falling. Why It’s Playing Fed’s Waiting Game.
Barrons.com· 22 hours agoSTOCKSTOWATCHTODAY BLOG The Bank of England left interest rates unchanged as expected on Thursday....
Interest rates will remain higher for longer, say BlackRock analysts
Yahoo Finance UK· 3 days agoFederal Reserve chairman Jerome Powell and the governor of the Bank of England Andrew Bailey are yet...
Goolsbee Says Fed Can Cut With More Inflation Reports Like May
Bloomberg· 12 hours agoFederal Reserve Bank of Chicago President Austan Goolsbee said policymakers will be able to cut...
Sterling Could Have Room to Fall Further, Shrugs Off Strong Retail Sales
The Wall Street Journal· 1 hour agoSterling edged lower, shrugging off data showing U.K. retail sales rebounded by 2.9% in May and ING...
Stock market today: Asian shares mostly decline as Nvidia weighs on Wall Street
Associated Press via Yahoo Finance· 1 hour agoAsian shares were mostly lower Friday after a retreat on Wall Street, where a drop in Nvidia stock...
The Fed Is Stuck In Wait-and-See Mode on Rate Cuts
Barrons.com· 3 days agoFederal Reserve officials aren’t making any strong assumptions about where inflation or interest rates are going this year. No one sees a recession in...
US big banks face growing spillover risks from non-banks
Reuters· 16 hours agoNon-bank financial institutions pose an increasing risk to America's big banks, the Federal Reserve...