Post-Election Democrats Freak Out Over Inflation, Expect Higher Interest Rates
A poll by YouGov found that Democrats are suddenly more concerned about inflation, with many expecting interest rates to rise over the next six months. economist. The poll, conducted Nov. 9-12, found that a majority of Democrats think inflation will be higher six months from now, with 23% expecting it to be at the same […]
Mortgage rates stall along with demand
Bill Pulte, CEO of Pulte Capital, said given rising mortgage rates, home prices will remain high until supply increases. mortgage interest rate Home prices, which have been rising for the past month and a half, have barely budged this week while purchase demand remains stagnant in a stagnant housing market. Freddie Mac's latest Primary Mortgage […]
Gold price in India: Rates on November 12 – FXStreet
Gold prices fell in India on Tuesday, according to data compiled by FXStreet. Gold price fell at INR 7,101.08 per gram compared to INR 7,114.27 on Monday. Gold price fell to Rs 82,824.36 per tola from Rs 82,979.44 per tola the previous day. unit measurement Gold price in INR 1 gram 7,101.08 10 grams 71,011.37 […]
Gold price in India: Rates on November 11 – FXStreet
Gold prices in India fell on Monday, according to data compiled by FXStreet. Gold price fell at INR 7,246.08 per gram compared to INR 7,285.18 on Friday. Gold price fell to Rs 84,516.86 per tola from Friday's Rs 84,972.85. unit measurement Gold price in INR 1 gram 7,246.08 10 grams 72,461.08 tiger 84,516.86 troy ounce […]
Mortgage rates could remain high after Trump win — here’s why
Mortgage rates are expected to remain high following Donald Trump's White House victory, despite the Federal Reserve's interest rate cuts and the president-elect's pledge to pause homebuyers. After President Trump's landslide victory on Wednesday, 30-year fixed mortgage rates briefly rose, but settled at 6.98% the next day. According to Mortgage News Daily. It settled at […]
The Fed just cut interest rates again, this time by a quarter of a percentage point
The Fed's rate cut comes as inflation approaches the 2% level. (iStock ) of the fed just cut interest rates This is the second time this year, and the move was largely expected as inflation continues to decline. The Federal Reserve cut its policy rate by a quarter of a point from 4.5% to 4.75%. […]
Stock Market News: S&P 500 Set to Open Down After Fed Cuts Rates – Barron's
Fed Chairman Jerome Powell took the market ball away from Donald Trump. His comments did not derail the market's rally, but early Friday the market appeared poised for a pause. S&P 500 futures fell 0.1% and Nasdaq 100 futures fell 0.3%. Dow Jones Industrial Average futures rose 10 points, or less than 0.1%. As most […]
Gold price in India: Rates on November 8 – FXStreet
Gold prices fell in India on Friday, according to data compiled by FXStreet. Gold price fell at INR 7,313.17 per gram compared to INR 7,336.01 on Thursday. Gold price fell to Rs 85,299.38 per tola from Rs 85,565.77 per tola the previous day. unit measurement Gold price in INR 1 gram 7,313.17 10 grams 73,131.16 […]
Gold price surges above $2,700 as Fed cut rates weighed on US yields – FXStreet
Gold benefited from the Fed's dovish rate cuts and hints of flexibility in future policy direction. Investors are becoming cautious as Chairman Powell has suggested that rate cuts may be adjusted to changes in the labor market. The upcoming UoM consumer sentiment report and inflation expectations could further impact gold momentum. Gold prices rose above […]
Fed Cuts Interest Rates By A Quarter Point
The US Federal Reserve (Fed) on Thursday announced a second consecutive year of lower interest rate benchmarks, a move widely anticipated by investors. The Federal Reserve has announced that its target range for the federal funds rate (the rate at which interest rate banks charge each other to borrow their reserves) will be 4.50% to […]