Mortgage refinance demand surges 27%, as interest rates drop for the third straight week
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) ...
Jobs report shows hiring surge as Fed weighs interest rate cut
The jobs report marks one of the last pieces of significant economic data before the Fed announces its next interest rate ...
American Banker1d
Inflation in focus as bank investors ponder Fed's next move
A slower rate of price increases would boost the likelihood of an interest-rate cut that could expand loan demand and lower ...
The Fed slashed interest rates, but some credit card APRs aren’t going down. Here’s why.
But when the Fed started slashing interest rates in September, with an initial cut of half a percentage point, the average ...
Citigroup joins Wall Street peers in forecasting 25 bps rate cut by Fed in December
Citigroup, previously the only Wall Street brokerage forecasting a 50 basis point rate cut by the U.S. Federal Reserve, has ...
Gold Futures Rise on Safe-Haven Demand, Supportive U.S. Inflation Data
Gold futures rise 0.8% to $2,740.10 a troy ounce on geopolitical concerns and interest rate cut hopes. Futures are up 0.7% at $2,737.40 a troy ounce. Escalating geopolitical risks have bolstered the ...
AFP on MSN12h
US consumer inflation accelerates for second straight month in November
US consumer inflation ticked up for a second consecutive month in November, driven by food prices and other sectors, according to government data published Wednesday, complicating the Federal ...