Fed Says No To Imminent Rate Cuts
Fed counterattack of The Federal Reserve System Shocked On Wednesday, the central bank announced it would not cut rates until it was confident that inflation was heading toward 2%. The Fed said in a statement at the end of its two-day monetary policy meeting: “Until there is greater confidence that inflation is on a sustained […]
No Interest Rate Cuts Soon
The Fed said Wednesday it does not expect any rate cuts in the near future and kept its interest rate target unchanged. The Fed said in a statement at the end of its two-day monetary policy meeting: “Until there is greater confidence that inflation is on a sustained path toward 2%, the Committee does not […]
Ken Griffin says Fed rate cuts possible in summer, blasts Biden
Citadel founder and billionaire investor Ken Griffin said Tuesday that containing U.S. inflation could prompt the Federal Reserve to start cutting interest rates this summer. The timing of a potential rate cut has been the subject of speculation and debate in the market in recent months. Most traders expect the central bank to start cutting […]
State Department warns those traveling to Bahamas over high crime rate
The State Department is warning travelers to the Bahamas about the high crime rate in the country. “The majority of crimes occur on New Providence Island (Nassau) and Grand Bahama Island (Freeport),” according to the State Department's Bureau of Consular Affairs. Said in Friday's travel advisory. “In Nassau, vigilance has been increased in the 'Over […]
30-year mortgage rate stabilizes in 6.6% range, draws buyers back: Freddie Mac
With mortgage rate volatility subdued, buyers are finding a reason to get back into the housing market. (iStock) Mortgage rates rose slightly this week, but have remained steady at 6.6% in recent weeks, giving borrowers an incentive to get back into the housing market, Freddie Mac said. The average interest rate on a 30-year fixed-rate […]
Euro retreats after ECB holds rates flat, markets price in June rate cuts – FXStreet
share: The euro fell from familiar technical levels following the ECB's dovish stance. In Europe, economic indicators are expected to be weak until next Tuesday's GDP announcement. The broader market will focus on the US PCE price index on Friday as it concludes the trading week. The euro (EUR) fell on Thursday after […]
USD/JPY plunges to near 147.50 on speculation of Fed rate cuts in March, US PMI data eyed – FXStreet
share: The US dollar/yen pair fell due to expectations of a Fed interest rate cut in March. Japan's better-than-expected economic indicators may have supported the yen. The US dollar faces challenges due to weak US yields and improving risk appetite. The USD/JPY pair is trending lower as market confidence is restored on expectations […]
Blue state’s bag ban meant to save environment backfires at staggering rate: study
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Texas birth rate among teens in 2022 hit 15-year high
The birth rate among Texas teens will reach a 15-year high in 2022 after the state banned abortions for six weeks in 2021. The birth rate for teens ages 15 to 19 in Texas has increased slightly for the first time in 15 years. new report The University of Houston's Institute for Women, Gender, and […]
Consumers Are Murdering the March Rate Cut
not giving anything Fed officials have been very clear: Outlook for interest rate cuts The pace of economic growth will accelerate significantly. It is very likely that this week's economic data will further delay the rate cut. it's very obvious the economy slowed down This is a significant increase from the impressive pace of 4.9% […]