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Real estate billionaire Barry Sternlicht says rents will rise in two years—and it’s Jerome Powell’s...
Fortune· 26 minutes agoIn an interview with CNBC yesterday, Sternlicht didn’t change his tune, although he was less colorful. “This is my problem with Powell,” he said. Essentially, he’s suggesting that fewer apartments ...
Could the Fed Cut Interest Rates in July? Yes, Say These Experts
CNET· 5 hours agoLet’s dispel this fantasy first: The Fed will not lower interest rates at its June meeting. The...
Investors don't want a stronger economy — they want rate cuts: Morning Brief
Yahoo Finance· 11 hours agoThe idea of what lower rates could bring is intoxicating, given how things have been going with...
Stock market today: US indexes rally after cool inflation data
Business Insider via Yahoo Finance· 6 days agoU.S. Federal Reserve Board Chairman Jerome Powell arrives at a news conference at the headquarters...
Major Commodities Gain Ahead of the NFP
FX Empire via Yahoo Finance· 10 hours agoGold and oil made gains on Wednesday 5 June as weaker preliminary job data from the USA raised hopes that the Federal Reserve (‘the Fed’) might cut its...
Economic Progress in U.S., Europe: ECB, Jobless Claims & More
Zacks via Yahoo Finance· 6 hours agoOf course, this refers to the U.S. Federal Reserve, whose next monetary policy meeting comes next...
ECB's rate cut may force Fed's hand
TheStreet via Yahoo Finance· 23 hours agoThe central bank probably won't make a rate-cut move at that meeting. But what the other banks are doing now may force a Fed move later, perhaps even at...
ECB Cuts Interest Rates for First Time Since 2019
The Wall Street Journal· 5 hours agoThe quarter-point rate cut potentially puts the ECB and the Fed on different tracks and widens an existing gap in borrowing costs between the U.S. and...
3 Overlooked Tech Stocks Aiming for a 10X Surge
InvestorPlace· 5 days agoThe Nasdaq hit a record high after Fed chairman Jerome Powell reassured investors with his comment. The central bank’s next interest rate move is more...
Daily mortgage rates for May 31, 2024: Rates change course after weeks of decline
AOL· 6 days agoSee average mortgage rates for today, for a 30-year fixed mortgage, 15-year fixed, jumbo loans,...
