Mortgage demand plummets as interest rates soar near 7-month high:
foxbusiness.com/economy/mortgage-demand-plummets-interest-rates-soar-seven-month-high
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| Last Updated | Jun 01 23 |
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Stock Market Today: Dow, S&P Live Updates for April 26: A rally in the world’s largest technology companies lifted stocks, with Wall Street also breathing a sigh ...
bloomberg.com/news/articles/2024-04-25/stock-market-today-dow-s-p-live-updates
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Citi Trims Fed Bet for 2024, Still Sees 100 Basis Points of Cuts: Citigroup Inc. dialed back expectations for Federal Reserve interest-rate reductions on Friday ...
bloomberg.com/news/articles/2024-04-26/citi-trims-fed-bet-for-2024-still-sees-100-basis-points-of-cuts
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How to prep for a layoff you know is coming: In March, U.S. layoffs rose by 7 percent, up from 84,638 job cuts in February to 90,309, the highest rate since ...
trib.al/p0cFJ7e
The Fed Has Enough Pressure with Inflation Still High. Politicians Don’t Help.: The Federal Reserve will find it hard to lower interest rates so long as the ...
barrons.com/articles/federal-reserve-politics-monetary-policy-c4d8c4be
Paid articlePaid Thai Central Bank Says Holding Rate Gives Room to Face Risks: Thailand’s central bank said its decision to keep interest rates steady earlier this month provides ...
bloomberg.com/news/articles/2024-04-24/thai-central-bank-says-holding-rate-gave-room-to-face-challenges
Paid articlePaid NFL commissioner wants to put Super Bowl on Presidents Day weekend: National Football League Commissioner Roger Goodell said Friday he wants the league to move ...
thehill.com/blogs/blog-briefing-room/4624499-nfl-wants-to-put-super-bowl-on-presidents-day-weekend/
Rupiah (IDR) Slump May Keep Bank Indonesia Rate Cuts at Bay Until 2025: Indonesia’s central bank will likely postpone monetary easing to later this year ...
bloomberg.com/news/articles/2024-04-23/rupiah-slump-may-keep-bank-indonesia-rate-cuts-at-bay-until-2025
Inflation Data Reinforce Powell’s Shift Toward High for Longer: Fresh inflation data released Friday cemented the message from Federal Reserve Chair Jerome ...
bloomberg.com/news/articles/2024-04-26/inflation-data-reinforce-powell-s-shift-toward-high-for-longer
Paid articlePaid Trump’s potential plan for Fed raises alarms: Former President Trump’s potential plan to exert more influence over the Federal Reserve is alarming experts and ...
thehill.com/business/4624880-trump-second-term-fed-powell-potential-plan/
Only Half of Global Interest Rate Hikes Set to Be Taken Back by End-2025: Major advanced economy central banks are likely to take back less than half of the ...
bloomberg.com/news/articles/2024-04-26/only-half-of-global-rate-hikes-set-to-be-taken-back-by-end-2025
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Fed seen on track for Sept start to US rate cuts: U.S. Federal Reserve policymakers sifting through the latest inflation data will find little to fuel a sense of ...
reuters.com/markets/us/traders-add-bets-september-start-fed-rate-cuts-2024-04-26/
Week Ahead for FX, Bonds: Focus on Fed Decision, U.S. Jobs Data and Weak Japanese Yen
on.wsj.com/44iCfJl
Senators Wanted Transparency in the Fed, FOIA Shows How Officials Responded: Senators Elizabeth Warren and Thom Tillis want the 12 Federal Reserve banks to ...
bloomberg.com/news/newsletters/2024-04-26/senators-wanted-transparency-in-the-fed-foia-shows-how-officials-responded
Fed’s Preferred Core Inflation Gauge Rose at Brisk Pace in March: The Federal Reserve’s preferred gauge of underlying US inflation rose at a brisk pace in March ...
bloomberg.com/news/articles/2024-04-26/fed-s-preferred-core-inflation-gauge-rose-at-brisk-pace-in-march
Paid articlePaid A Brief History of the Fed’s Uneasy Peace With the White House: Central bankers are haunted by the danger of political meddling in inflation-control policies.
on.wsj.com/3QiUZT2
All the data so far is showing inflation isn't going away, and is making things tough on the Fed
cnbc.com/2024/04/26/all-the-data-shows-inflation-isnt-going-away-making-things-tough-on-fed.html
Quick Glance: Rising Key Fed Inflation Measure in March
- In March, inflation remained strong, with an important indicator closely monitored by the Federal Reserve indicating elevated price pressures.
- The personal consumption expenditures price index excluding food and energy increased 2.8% from a year ago in March, above expectations.
- Both the all-items PCE price gauge and the core index increased by 2.7%, higher than estimates, leading to a positive market reaction.
- Markets reacted mildly to the data, with Wall Street set to open higher, while Treasury yields fell and the probability of rate cuts increased slightly.
Commercial Real Estate Debt Is Back With 170% Jump in Sales: Commercial real estate was one of the scariest assets in the US last year. This year ...
bloomberg.com/news/articles/2024-04-26/commercial-real-estate-debt-is-back-with-170-jump-in-sales
Paid articlePaid US Treasury Yields Fall After Fed’s Favored Inflation Gauge Meet Expectations: A selloff in US Treasuries paused on Friday, bringing yields down from their ...
bloomberg.com/news/articles/2024-04-26/treasury-yields-fall-after-pce-inflation-data-meet-expectations
ECB Can Be Out of Sync With Fed for Some Quarters, Noyer Says: The European Central Bank doesn’t have to wait for the Federal Reserve before cutting interest ...
bloomberg.com/news/articles/2024-04-26/ecb-can-be-out-of-sync-with-fed-for-some-quarters-noyer-says
Stock Market This Week: S&P 500, Nasdaq Finish Higher: With inflation up, economic growth down and two-year Treasury yields testing 5%, Bill Gross sensed the ...
bloomberg.com/news/articles/2024-04-26/wall-street-humbled-as-rebounding-markets-weather-fed-pivot-fear
US Bitcoin (BTC) ETFs Suffer One of Worst Outflows as Token Wavers: Investors pulled a net $218 million from US Bitcoin exchange-traded funds ...
bloomberg.com/news/articles/2024-04-26/us-bitcoin-btc-etfs-suffer-one-of-worst-outflows-as-token-wavers
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“The Supreme Court Is a Product of Minority Rule”: Author Ari Berman on America’s Undemocratic System
democracynow.org/2024/4/26/ari_berman
US IPO Rebound Hinges on Fed Interest-Rate Cuts: Companies are increasingly piling into a re-energized market for initial public offerings ...
bloomberg.com/news/articles/2024-04-26/end-of-scorched-earth-years-for-us-ipos-hinges-on-lower-rates
Pro-Palestinian Columbia students file civil rights complaint against school: Pro-Palestinian students at Columbia University filed a federal civil rights ...
thehill.com/homenews/education/4622346-pro-palestinian-columbia-students-civil-rights-lawsuit/
Bond Investors Seek Billions From SVB’s Husk as FDIC Fights Back: The dust had barely settled after Silicon Valley Bank’s collapse last year when savvy investors ...
bloomberg.com/news/articles/2024-04-26/investors-seek-billions-from-svb-s-husk-why-regulators-refuse-to-pay
US Economic Growth Isn't Helping Biden Reelection Campaign Due to Inflation: The latest good news and bad news about the US economy is just plain bad news ...
bloomberg.com/news/articles/2024-04-26/growth-plus-inflation-economy-is-a-lose-lose-for-biden
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Gaza protests in the US are expanding: They are targeted and well organized: The student protests in the USA are expanding and are becoming increasingly better ...
nzz.ch/meinung/gaza-proteste-in-den-usa-weiten-sich-aus-sie-sind-gezielt-und-gut-organisiert-ld.1827944
Betting on AMD for AI’s Second Round: Readers weigh in on Nvidia’s competition, gold’s continuing rally, issues with the U.S. government and economy ...
barrons.com/articles/letters-to-the-editor-of-barrons-6c381c96
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JPMorgan's Dimon hopes for soft landing for US economy but says stagflation is a possible scenario
apnews.com/article/jpmorgan-chase-jamie-dimon-economy-stagflation-76b6dbb8c87580a709c50dd3d00d751d
New memo aims to give Trump a say in Fed interest rate decisions: WSJ: The Wall Street Journal reported that Trump's advisors are making a plan that would give ...
businessinsider.com/trump-interest-rate-decisions-restructure-federal-reserve-jerome-powell-wsj-2024-4
US Treasury Yields Rise as Price Pressures Cast Doubt on Fed Rate-Cut Path: Treasury yields rose to 2024 highs as evidence of sticky US price pressures casts ...
bloomberg.com/news/articles/2024-04-25/treasuries-hold-losses-after-seven-year-sale-meets-expectations
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The 3.5 Percent Inflation Plateau: Prices have been rising faster than expected for the past three months. What’s going on?
theatlantic.com/ideas/archive/2024/04/inflation-above-fed-target/678174/
US Treasuries Slide After GDP Data as Inflation Pressures Temper Fed Rate Cuts: Treasuries slid as signs of sticky price pressures in a reading of first-quarter ...
bloomberg.com/news/articles/2024-04-25/treasuries-drop-as-first-quarter-price-pressures-temper-fed-cuts
9 Stocks That Thrive When Interest Rates Are Higher: The prospect of elevated interest rates for longer has dented the broader stock market—but history shows ...
barrons.com/articles/stock-market-interest-rates-fed-0c59d125
Paid articlePaid Fed to Make One Interest-Rate Cut Before US Election, Howard Lutnick Says: Cantor Fitzgerald Chief Executive Officer Howard Lutnick expects the Federal Reserve ...
bloomberg.com/news/articles/2024-04-25/lutnick-sees-fed-making-one-rate-cut-near-presidential-election
FDIC Officials Seek More Power Over ‘Passive’ Bank Investments: The Federal Deposit Insurance Corp. is weighing new hurdles for investment companies that want to ...
bloomberg.com/news/articles/2024-04-25/fdic-officials-seek-more-power-over-passive-bank-investments
Paid articlePaid Average US 30-Year Mortgage Rate Rises to 7.17%, Up From 7.1% Last Week: Mortgage rates in the US increased for a fourth straight week.
bloomberg.com/news/articles/2024-04-25/mortgage-rates-in-the-us-climb-for-a-fourth-week-to-reach-7-17
Paid articlePaid Global economy set to stay on a roll for the rest of the year: Reuters poll: The global economy is likely to carry its solid momentum for the rest of the year ...
reuters.com/business/global-economy-set-stay-roll-rest-year-2024-04-26/
Weak GDP, strong prices, highlight Fed dilemma: U.S. economic growth in the first quarter fell below the Federal Reserve's estimates of the economy's long-run ...
reuters.com/markets/us/weak-gdp-strong-prices-highlight-fed-dilemma-2024-04-25/
Quick Glance: Unlikelihood of Fed Rate Cut Before Elections Disrupts Markets
- Investors cast doubt on a Fed rate cut before September.
- Expectations are now fully priced in for a rate cut on November 6-7.
- The shift in market expectations stemmed from inflation and growth data.
- There is now an estimated 75 percent likelihood of a Fed rate cut by September.
Right-Wingers Plot to Give Trump Control Over Federal Reserve If Reelected: "Under such an approach, the chair would regularly seek Trump's views on ...
commondreams.org/news/trump-federal-reserve
The Dream of Fed Rate Cuts Is Slipping Away: Investors are backing away from expectations that the central bank can reduce rates in coming months ...
wsj.com/economy/central-banking/the-dream-of-fed-rate-cuts-is-slipping-away-55903ca5
Wall Street Humbled as Fast-Reversing Markets Confound the Pros: With inflation up, economic growth down and two-year Treasury yields testing 5% ...
trib.al/deKD3cn
JPY/USD: Why the Yen Is So Weak and What That Means for Japan: The yen continues to languish near a 34-year low against the dollar, mainly because interest rates ...
bloomberg.com/news/articles/2024-03-21/why-the-yen-is-so-weak-and-what-that-means-for-japan-quicktake
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The US economy is cooling off. Why experts say there's no need to worry yet: The economy slowed dramatically to start 2024.
abcnews.go.com/Business/us-economy-cooling-off-experts-worry/story
Hot in Here: The Bloomberg Close, Americas Edition: Good afternoon. Here’s what you need to know to end your day.
bloomberg.com/news/newsletters/2024-04-26/hot-in-here-the-bloomberg-close-americas-edition
Paid articlePaid Real Estate (HOUS, OPEN, RDFN) Stocks Sink on Rate Outlook, Earnings: Real estate brokerage stocks tumbled Thursday on waning expectations for Federal Reserve ...
bloomberg.com/news/articles/2024-04-25/real-estate-stocks-sink-on-rate-outlook-disappointing-earnings
Paid articlePaid Latest Oil Prices, Market News and Analysis for April 26: Oil headed for a narrow weekly gain ahead of US inflation data that will give further clues on the path ...
bloomberg.com/news/articles/2024-04-25/latest-oil-market-news-and-analysis-for-april-26
Trump allies are drafting plans to erode the Fed's independence: WSJ: Trump allies have drafted proposals to rein in Fed independence and align the central bank ...
businessinsider.com/donald-trump-campaign-fed-independence-jerome-powell-interes-rates-politics-2024-4
Inflation Focus: The Bloomberg Open, Americas Edition: Good morning. Markets brace for more insight on inflation. Jeff Bezos’s missing messages land him in hot ...
bloomberg.com/news/newsletters/2024-04-26/inflation-focus-the-bloomberg-open-americas-edition
Paid articlePaid Tata Asset's Contrarian Indian Fund Manager Has a Warning for Bond Chasers: An Indian fund manager who went contrarian and sharply reduced the average ...
bloomberg.com/news/articles/2024-04-26/contrarian-indian-fund-manager-has-a-warning-for-bond-chasers
Paid articlePaid Sterling steadies against dollar, jumps to 16-year high vs yen: Sterling steadied on Friday after rising to a two-week high against the dollar as markets awaited ...
reuters.com/markets/currencies/sterling-steadies-against-dollar-jumps-16-year-high-vs-yen-2024-04-26/
Fed rates outlook: June cut on deck as job market weakens: Hiring activity could see a substantial slowdown later in the year, Citi economist Veronica Clark said ...
businessinsider.com/fed-rate-cuts-outlook-june-job-market-unemployment-economy-recession-2024-4
Trump Allies Draw Up Plans to Blunt Fed’s Independence: Some former Trump administration officials argue that the president could help set interest rates and ...
on.wsj.com/3WdJfFi
No Rate Cuts? No Worries. Uncle Sam Has Dough to Disburse.: The government plans to spend excess funds in coming months, and the Federal Reserve is on course to ...
on.barrons.com/44pgcRd
U.S. economy grew at 1.6% annualized rate in first quarter: By comparison, GDP increased at 3.4% annual rate in the fourth quarter of 2023.
axios.com/2024/04/25/us-economy-gdp-report-q1-2024
Explainer: Charting the Fed's economic data flow: The U.S. Federal Reserve held its benchmark overnight interest rate steady in the 5.25%-5 ...
reuters.com/markets/us/charting-feds-economic-data-flow-2024-04-05/
Inflation Remains a Stubborn Problem for the Fed as March Data Confirms a Stall in Efforts to Bring Prices Down
usnews.com/news/economy/articles/2024-04-26/inflation-remains-a-stubborn-problem-for-the-fed-as-march-data-confirms-a-stall-in-efforts-to-bring-prices-down
JPY/USD: Why the Yen Is So Weak and What That Means for Japan: The yen continues to languish near a 34-year low against the dollar, mainly because interest rates ...
bloomberg.com/news/articles/2024-03-21/why-the-yen-is-so-weak-and-what-that-means-for-japan-quicktake
Paid articlePaid Google parent Alphabet reclaims spot in $2 trillion valuation club: Alphabet breached the $2 trillion market value mark for the first time since November 2021 on ...
reuters.com/technology/google-parent-alphabet-reclaims-spot-2-trillion-valuation-club-2024-04-26/
Wall St loses over 1% amid fading rate-cut hopes: Wall Street stocks closed lower on Thursday as markets were stunned by data showing slower-than-expected U.S ...
reuters.com/markets/us/futures-falter-meta-platforms-weighs-megacaps-2024-04-25/
Inflation Past Keeps Markets Guessing on What's Next: Traders were spooked as first-quarter core inflation came in worse than expected ...
bloomberg.com/opinion/articles/2024-04-25/inflation-past-keeps-markets-guessing-on-what-s-next
Paid articlePaid Investors brace for 5% Treasury yields as US inflation worries mount: As U.S. inflation worries grow, some investors are preparing for the 10-year U.S ...
reuters.com/markets/us/investors-brace-5-treasury-yields-us-inflation-worries-mount-2024-04-26/
Homeowners Get Good News Over Mortgage Rates: Mortgage rates are likely to come down to 6 percent by next year, Moody's Ratings experts predict.
newsweek.com/homeowners-good-news-mortgage-rates-1893775
Confounding US economic, inflation data cloud Fed's rate path: The Federal Reserve's latest financial stability report was good news for anyone worried that a ...
reuters.com/markets/us/confounding-us-economic-inflation-data-muddy-feds-rate-path-2024-04-25/
Building interest rates are rising again: How expensive will it be to build a house?
faz.net/aktuell/finanzen/bauzinsen-steigen-wieder-wie-teuer-wird-der-hausbau-19677969.html
Mortgage demand falls again as interest rates soar past 7%: A key measure of home-purchase application fell for the third straight week as mortgage interest ...
foxbusiness.com/economy/mortgage-demand-falls-again-interest-rates-soar-past-7
GDP Grew Only 1.6% in Q1 in First Sign of Slowing Growth as Businesses Trimmed Inventories, Imports Surged
usnews.com/news/economy/articles/2024-04-25/gdp-grew-only-1-6-in-the-first-quarter-in-the-first-sign-of-slowing-growth-as-businesses-trimmed-inventories-imports-surged
German unemployment seen rising to highest level in almost a decade: Germany's economic weakness is finally taking a toll on the labour market ...
reuters.com/markets/europe/german-unemployment-seen-rising-highest-level-almost-decade-2024-04-26/
India's IndiGo places first-ever widebody order for 30 Airbus A350 jets: IndiGo, India's top airline by market share, placed an order with Airbus for 30 A350-900 ...
reuters.com/business/aerospace-defense/indias-indigo-places-order-30-airbus-widebody-aircraft-2024-04-25/
Indonesia Rates: Risky Bid for Monetary Leadership Against the Dollar: A shock rate hike is all about the local currency, not the economy. Other Asian countries ...
bloomberg.com/opinion/articles/2024-04-25/indonesia-rates-risky-bid-for-monetary-leadership-against-the-dollar
Slow, but solid US economic growth anticipated in Q1; inflation likely heats up: U.S. economic growth likely slowed to a still-solid pace in the first quarter ...
reut.rs/3WeBxe5
US GDP: Strong Economy Doesn’t Make the Fed’s Job Harder: The past year has shown that it is possible to have a rapid decrease in inflation along with low ...
bloomberg.com/opinion/articles/2024-04-25/us-gdp-strong-economy-doesn-t-make-the-fed-s-job-harder
Paid articlePaid Gold Continues to Boom. The Major Buyer: Central Bankers: Central banks have long been supporting players in the demand for gold. But the sanction on dollar ...
barrons.com/articles/gold-central-banks-china-treasuries-federal-reserve-emerging-markets-948ed914
Paid articlePaid China's largest auto show showcases all-electric future, local brands dominate: China's largest auto show opened in Beijing on Thursday with the biggest names ...
reuters.com/business/autos-transportation/chinas-largest-auto-show-showcases-all-electric-future-local-brands-dominate-2024-04-25/
JPY/USD: Why the Yen Is So Weak and What That Means for Japan: The yen continues to languish near a 34-year low against the dollar, mainly because interest rates ...
bloomberg.com/news/articles/2024-03-21/why-the-yen-is-so-weak-and-what-that-means-for-japan-quicktake
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Bitcoin bull market may return in $1.4T US liquidity spike — Prediction: Bitcoin and crypto bull market assistance may come from U.S. government liquidity ...
cointelegraph.com/news/bitcoin-bull-market-may-return-after-1-4t-us-liquidity-spike-prediction
Centene's concerns over Medicare market dull Q1 profit beat: Centene said on Friday its Medicare insurance business would face several challenges next year ...
reuters.com/business/healthcare-pharmaceuticals/centene-raises-2024-profit-forecast-strength-commercial-plans-2024-04-26/
Dollar Scholar Asks: When Can Debt Be a Good Thing?: Good debt can help increase net worth or enhance your life, while bad debt does the opposite — but too much ...
money.com/dollar-scholar-good-vs-bad-debt/
These asparagus farmers are in the Rems-Murr district - Amazing things from Beinstein
zvw.de/rems-murr-kreis/diese-spargelbauern-gibts-im-rems-murr-kreis-erstaunliches-aus-beinstein_arid-806947
Paid articlePaid GDP Report Was Better Than it Looked. Here’s Why.: Household and business spending grew at an annual rate of more than 3%, an encouraging sign ...
barrons.com/articles/gdp-dollar-stocks-market-selloff-0fc9fd46
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