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FED RATE CUT IMPACT ON MORTGAGE RATES
Gold’s sharp correction: What lies ahead for prices?Gold has corrected sharply from record highs as a stronger US dollar, elevated bond yields and expectations of prolonged higher interest ra...
Wall Street Week Ahead: Investors look for Fed rate clues, earnings signs as tech wobblesInvestors are keenly watching for clues on potential interest rate hikes and early earnings reports this week. Following a strong second qu...
Bitcoin climbs above $61,000 as weak US jobs data fuels Fed rate cut hopesIn the past 24 hours, Bitcoin was up 2.80% and Ethereum was up 6.24% to trade at $1,716 mark. Among the major altcoins, BNB, XRP, Solana, T...
Dollar heads for weekly drop as jobs data dims Fed hike betsThe US dollar experienced its sharpest weekly decline in almost three months, driven by a weaker-than-expected June jobs report. This eased...
US construction spending inches up in May, but homebuilding weakIn May, US construction spending edged up by a mere 0.1%, influenced by increased mortgage rates partly due to tensions in the Middle East....
US Federal Reserve chair Kevin Warsh says he will stick by 2% inflation target, vows to bring in real-time economic data for making interest rate decisionsFederal Reserve Chairman Kevin Warsh declared unwavering commitment to the 2% inflation target, signaling no monetary policy easing despite...
Mortgage refinance rates today: Check current mortgage interest rates for 30-year, 20-year, 15-year, 10-yearMortgage interest rates today: It averaged 6.49 per cent last week. Spending on multi-family housing units, which account for a small share...
Yen sinks to four-decade low as dollar gets yields boostThe dollar surged to a 40-year high against the yen, fueled by rising U.S. Treasury yields and anticipation of a Federal Reserve rate hike....
Nifty IT hits fresh 52-week low as Infosys, TCS, Wipro & others tumble up to 3%. What's spooking investors?The Nifty IT index fell more than 2% to a fresh 52-week low on Tuesday as persistent inflation concerns and uncertainty over the US Federal...
US Supreme Court says Fed's Cook can keep her job for now, but it upholds other Trump firingsThe Supreme Court has significantly broadened presidential authority, allowing presidents to dismiss heads of independent federal agencies ...
US Supreme Court rejects Trump's unprecedented bid to fire Fed's CookThe Supreme Court has taken a significant stand for the Federal Reserve's independence, rejecting President Trump's unusual effort to remov...
Rupee slips as tepid stocks dull boost from firmer Asian peersThe Indian rupee edged lower against the dollar on Monday, despite positive sentiment from a US-Iran de-escalation and gains in Asian curre...
US Stock Market: Warsh faces crucial week with court ruling, global debut in focusFederal Reserve Chair Kevin Warsh faces a crucial week. The Supreme Court's decision on Governor Lisa Cook's removal will test the central ...
Wall Street Week Ahead: Jobs data, rate bets in focus as US stocks close solid first halfUpcoming jobs data could signal a strong U.S. economy, potentially leading to interest rate hikes and stock market jitters, especially for ...
IMF chief economist says Fed reduction in rate guidance is 'entirely appropriate'The IMF's chief economist, Pierre-Olivier Gourinchas, has endorsed Federal Reserve Chair Kevin Warsh's move to reduce explicit forward guid...
Dollar hits 13-month highs as investors bank on rate hikesThe US dollar is on a remarkable rise, approaching its most significant monthly increase in a year, fueled by expectations of upcoming rate...
US new single-family home sales post second straight monthly declineUS new home sales unexpectedly fell in May for the second straight month, hitting a seasonally adjusted annualised rate of 580,000 units, t...
Former US Fed chairman Alan Greenspan passes away at 100Alan Greenspan, former US Federal Reserve chief, has passed away at 100. He steered the American economy through significant events like th...
Warsh's gamble: A quieter Federal Reserve could mean volatile markets, higher ratesNew Federal Reserve Chair Kevin Warsh is significantly reducing the central bank's communication, particularly "forward guidance" on intere...
US Federal Reserve keeps interest rates unchanged, projects one rate hike for 2026The Federal Reserve held interest rates steady at 3.5%-3.75% in Kevin Warsh's first meeting, with policymakers signaling potential rate hik...