Jumbo 30-year mortgage rates also dropped 8 points Monday, reducing the average to 6.81%—almost a six-week low. In September, jumbo 30-year rates plummeted to 6.24%, their cheapest average in 19 ...
Interest rates have been cut at the last three meetings in a row, after gradually increasing rates for three years.
Fed-funds futures traders continued to coalesce around the view that the Federal Reserve will deliver two quarter-point rate cuts this year, but this may not last. According to senior U.S. strategist ...
A large number of stocks have entered a bear market, with over 400 BSE 500 stocks down. Investors are focused on the upcoming ...
Faced with a solid economy and mounting inflation concerns, the U.S. central bank has said it will “move cautiously” on ...
Washington: The US Federal Reserve began two days of interest rate discussions Tuesday, with analysts overwhelmingly expecting a pause to cuts as ...
News of the tariffs supports the US dollar as it suggests a reduction in the US trade deficit and an increase in demand for ...
Respondents dialed back their expectations for interest rate cuts but still believe the central bank will ease this year.
Despite the dollar’s strength and lower prospects for Fed rate cuts, Trump’s second term has increased demand for gold. The ...
The American economy has entered 2025 with a strong head of steam,” Wells Fargo economists said. That's not necessarily a ...
Pranav Haridasan of Axis Securities anticipates Budget 2025 will focus on growth while maintaining fiscal discipline. He ...
WASHINGTON-A Trump administration order pausing almost all foreign aid has left counterterrorism training in Somalia, HIV treatment in Uganda, narcotics interdiction in Colombia, prosthetics for ...