Tag: basis points
Mortgage and refinance rates today, October 2, 2024: Rates are up since last week
Most mortgage and refinance rates have increased over the last week. According to Zillow, the 30-year fixed mortgage rate is up 12 basis...
Gold price hits fresh high as inflation and economic concerns persist
Gold hit a fresh high, as concerns around inflation and the US economy linger, with bets that the precious metal could hit the...
Why a 25bps cut is easier for Powell to defend than a 50
Shortly after the Federal Open Market Committee reveals its decision on interest rates, Fed Chairman Jerome Powell will answer questions from reporters.Former Wall...
What a bigger-than-expected Fed rate cut would mean for the stock market
Hotter-than-expected readings on consumer prices — and on some wholesale prices — over the past two days have led markets to price in...