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Wall Street has become too optimistic — once again — about the likelihood of rate cuts from the Federal Reserve, according to ...
In the "higher for longer" interest-rate environment, with the Fed not cutting as quickly as some investors may have expected, Oppenheimer analyst Chris Kotowski expects "repricing of low-coupon ...
Sterling extended its losses to reach a three-month low against the euro on concerns about a faster pace of U.K. rate cuts and potential tax rises to plug a fiscal black hole.
The average 30-year fixed rate mortgage was 6.68% yesterday, unchanged since the day before. The 15-year fixed mortgage rate stood at 5.68%, the same as one the day before. The 30-year FHA mortgage ...
STIP outperformed expectations with a 9% gain and offers upside if inflation surprises, but return prospects remain moderate.
With the caveat that this is a low-probability event, we discuss what the implications of an early departure of Powell would ...
Savers should carefully weigh the pros and cons of high-yield savings accounts this July before starting. /iStockphoto . If ...
Yesterday, we characterized the prevailing mortgage rate momentum as "broadly sideways," and while that's still very true in ...
The Federal Reserve last month voted unanimously to leave rates unchanged. Fed Chair Jerome Powell said he expected ...
Fed Chair Jerome Powell has sketched out new conditions that could trigger rate cuts by summer’s end, but inflation remains a ...
Investors in U.S. stock markets need to stop obsessing about when, and by how much, the Federal Reserve will cut interest ...
The newly published meeting minutes highlighted a divide over how Federal Reserve officials expect the economy to respond to ...