Stocks recover from sharp decline after Fed as investors question if Warsh will increase interest rates
Market Update: Stocks Recover After Fed Meeting On Thursday morning, markets made a recovery following a significant drop after the U.S. Federal Reserve’s recent meeting. Investors seemed to be re-evaluating Federal Reserve Chairman Kevin Warsh’s approach to combating inflation with potential interest rate hikes. By around 9:40 a.m. ET, the Dow Jones Industrial Average had […]
Euro slips slightly to around 1.1450 as the Fed keeps rates unchanged, traders look ahead to Eurozone and German GDP.
The EUR/USD pair is slightly down, hovering around 1.1465 during the early Asian trading hours on Thursday. The US dollar has gained marginally against the euro following the Federal Reserve’s decision to maintain a hawkish stance on interest rates. Traders are now anticipating the preliminary GDP data for the second quarter from Germany and the […]
A Split Federal Reserve Keeps Interest Rates Unchanged
US Federal Reserve Keeps Interest Rates Steady The US Federal Reserve announced on Wednesday that it is maintaining its benchmark interest rate at a range of 3.5% to 3.75%. In a recent meeting, the nine voting members of the Fed’s monetary policy committee decided to keep rates unchanged, although three regional presidents disagreed and pushed […]
July FOMC: Fed maintains stable interest rates
Kevin Warsh has assessed the Federal Reserve’s recent policy actions, particularly addressing inflation, interest rates, and the trajectory of the U.S. economy. This article discusses the Fed’s interest rate decision made in July 2026, and updates will follow as more information becomes available. The Federal Reserve announced on Wednesday that it would maintain interest rates […]
Reasons for Kevin Warsh to reconsider raising interest rates amid increasing concerns about the Iran conflict
A note for new Fed President Kevin Warsh: It’s important not to get swept up in the current narrative. The pandemic isn’t truly behind us, and increasing interest rates right now could be quite unwise. The inflation chaos that swept through 2022 has clearly left central bankers on edge. It seems like they see inflation […]
Home sales rise in June, yet increased mortgage rates continue to discourage potential buyers.
Single-Family Home Sales Experience Slight Uptick in June New single-family home sales in the United States managed to reverse a two-month downward trend in June. However, the ongoing rise in mortgage rates and home prices is still keeping many potential buyers sidelined. Sales of new homes increased by 1.6%, reaching 628,000 units on a seasonally […]
ECB keeps rates unchanged: What’s behind the Euro’s increase?
EUR/USD Movement and ECB Insights The EUR/USD pair climbed to approximately 1.1385 during early trading in Europe on Friday, buoyed by growing expectations of a potential interest rate hike from the European Central Bank (ECB). Later in the day, attention will shift to the preliminary Purchasing Managers’ Index (PMI) figures for July, covering the Eurozone, […]
Gold prices in India: Rates for July 24
Gold prices in India saw a decline on Friday, as reported by FXStreet. The price dropped to INR 12,504.78 per gram from INR 12,566.10 the previous day. For tola, the price decreased from Rs 146,568.50 to Rs 145,853.30. unit measurement Gold price in INR 1 gram 12,504.78 10 grams 125,047.80 tola 145,853.30 troy ounce 388,942.40 […]
Euro loses ground to British Pound as ECB maintains interest rates
The euro (EUR) is facing some pressure against the British pound (GBP) as traders digest the recent monetary policy moves from the European Central Bank (ECB). Currently, EUR/GBP is hovering around $0.8530, which is its highest point in over a week, after peaking at $0.8544 earlier in the day. Following a 25 basis point interest […]
Mortgage rates and increasing inventory lead 9 cities into a buyer’s market
Shifts in the Housing Market Favor Buyers in Some Regions As some areas in the United States adapt, the long-standing seller’s market for homebuyers is starting to shift. This change is particularly evident in various metropolitan regions. On Tuesday, Realtor.com released its second quarter report, examining housing trends at both national and metropolitan levels. The […]