Fed Unlikely to Cut Rates Before September Despite Market Turmoil
Recent turmoil in global stock markets, triggered by a sharp slowdown in the U.S. job market, has led to speculation that the Federal Reserve might cut...
Etiket: Interest Rates
U.S. Jobless Claims Drop, Easing Recession Fears
The number of Americans filing for unemployment benefits dropped more than expected last week, calming fears of a rapidly deteriorating labor market and reinforcing a narrative...
US 30-Year Mortgage Rate Drops on Weak Jobs Data and Fed Rate-Cut Signals
The interest rate for the most popular U.S. home loan plunged last week to its lowest level in 15 months. This decline followed signals from the...