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...
Morning Bid: Markets reassured by the Powell put
A look at the day ahead in European and global markets from Wayne Cole.Asia has seen an extension of the Powell rally so...
Treasury Yields Rise Sharply as Data Rules Out Big Rate Cuts
(Bloomberg) -- US Treasury yields surged after resilient US economic data prompted traders to lower their expectations of aggressive Federal Reserve interest-rate cuts...