Dow plunges as economic data adds to Fed rate-hike fears
Stocks tumbled on Monday after better-than-expected service-sector activity added to jitters that the Federal Reserve might continue to hike interest ...
Tag: federal reserve
Mortgage rates fall for third straight week
The average long-term US mortgage rate ticked down for the third week in a row and have fallen more than ...
Dow, stocks tumble despite signs of easing inflation
The Dow fell nearly 300 points in uneven trading on Wall Street early Thursday and bond yields pulled back after ...
Fed inflation gauge shows October prices eased to 6%
A measure of inflation that is closely monitored by the Federal Reserve eased but remained at an elevated level in ...
Job openings dipped in October in positive sign for Fed
US job openings dropped in October but remained high, a sign that businesses became slightly less needy for workers as ...
GDP revised up to 2.9% for third quarter
Despite high interest rates and chronic inflation, the US economy grew at a 2.9% annual rate from July through September, ...
Central bank could cut rates in 2024
New York Federal Reserve President John Williams on Monday declined to say how fast and how far he believes the US central bank will ...
Majority of Fed officials see rate hikes slowing soon: minutes
A “substantial majority” of policymakers at the Federal Reserve’s meeting early this month agreed it would “likely soon be appropriate” to ...
New home sales unexpectedly rise 7.5% in October
Sales of new US single-family homes unexpectedly jumped in October, shrugging off rising mortgage rates and house prices, which have drastically eroded ...
Fed’s Loretta Mester supports smaller rate hike in December
The Federal Reserve can downshift to smaller interest rate hike increments from next month as it fine-tunes its policy actions ...
Recent Comments