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The Fed’s most recent increase to the federal funds rate has driven mortgage rates to their highest level since 2002. That was the goal—to increase the cost of borrowing to slow down...
EURUSD – Talking PointsEURUSD continues to push away from YTD low around 0.9535Symmetrical triangle brewing as month-end comes into focusFederal Reserve terminal rate tops 5% as rate hike bets increase
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<p>Leading into the weekend UK PM Truss fired former Chancelloer Kwasi Kwarteng, replacing him with Jeremy hunt. </p><p>As for policy, the corporation tax will rise to 25% from April next year instead of...
S&P 500 OUTLOOK:U.S. stocks mount a remarkable turnaround after a sharp sell-off in early trading sparked by hotter-than-expected U.S. inflation dataThe S&P 500 advances 2.0% after tumbling as much as 2.5% at the...
by confoundedinterest17
I feel like I am living in the horror movie “Saw”. The Federal Reserve is tightening their BIG green bag of money to fight inflation … caused by Biden’s energy policies and massive Federal government spending.
(Bloomberg)...