May 5, 2022
“…The Bank’s Monetary Policy Committee approved a 25-basis point increase by a majority of 6-3, taking the base interest rate up to 1%. The Bank said the members in the minority preferred to increase interest rates by 0.5 percentage points… Continue Reading…
April 6, 2022
“…Total mortgage application volume fell another 6% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Volume was down 41% from the same week one year ago. The average contract interest rate for… Continue Reading…
February 28, 2022
“Russia’s central bank on Monday more than doubled the country’s key interest rate from 9.5% to 20% as its currency, the ruble, hit a record low against the dollar on the back of a slew of new sanctions and penalties imposed on Russia… Continue Reading…
December 29, 2021
“Investors increased their bearish bets in the energy sector in the past month, as a decline in crude oil prices led to broad weakness in the sector. Based on the most recent exchange data, the median industry short interest, or… Continue Reading…
December 16, 2021
“With inflation now running at its fastest pace in nearly 40 years and showing no signs of slowing down, the Federal Reserve on Wednesday abandoned its wait-and-see strategy and indicated that it could begin stepping on the economic brakes soon.… Continue Reading…
July 12, 2021
“Goldman Sachs… According to TipRanks’ stock analysis, GS receives a Smart Score of 9, meaning the stock is likely to Outperform. The Smart Score is derived from 8 unique data sets, including Analyst recommendations, Crowd Wisdom, Hedge Fund Activity, Media Sentiment… Continue Reading…
May 19, 2020
““Three, four years down the line if the economy is still in a very weak state, then perhaps the Federal Reserve could consider negative rates,” said Seamus Mac Gorain, head of global rates in London at the $1.7 trillion investment… Continue Reading…
November 23, 2019
“Rock-bottom interest rates have pumped up stock prices, knocked down mortgage rates and supported the creation of countless unicorns in Silicon Valley. Savers, on the other hand, have been crushed by near-zero rates.Some of those savers penalized by the Federal Reserve’s… Continue Reading…
October 28, 2019
“Marc Chandler, chief market strategist at Bannockburn, discusses his expectation for three more interest rate cuts by the Federal Reserve and the state of the U.S. dollar. He speaks on “Bloomberg Surveillance.” (Source: Bloomberg)…” https://www.bloomberg.com/news/videos/2019-10-28/fed-to-cut-three-more-times-as-economy-is-rolling-over-chandler-video If you click the link… Continue Reading…
September 19, 2019
“The Federal Reserve lowered interest rates by a quarter of a percentage point on Wednesday, its second cut since late July, and suggested it was prepared to move aggressively if the United States economy showed additional signs of weakening. For… Continue Reading…
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