Interest rates are climbing even as the Fed cuts them, raising concerns about inflation and economic growth. Why Are Interest Rates Rising Despite Fed Cuts to Rates New York: So, what’s going on with interest rates? It seems a bit upside down, right? The bond market has been all over the place lately, pushing the…
Global markets react positively to a Gaza ceasefire, easing inflation, and strong bank earnings, creating investment opportunities. ETFs to Capitalize on Gaza Truce, Lower Inflation, and Strong Bank Earnings Gaza: On Wednesday, global stocks jumped while U.S. Treasury yields dropped. This came after news that core U.S. inflation rose less than expected in December. Investors…
Federal Reserve officials suggest potential rate cuts if inflation keeps decreasing, shifting market expectations for 2024. Fed Could Cut Rates Sooner If Inflation Continues to Cool Down New York: So, the Federal Reserve is hinting that they might cut interest rates sooner than we thought if inflation keeps dropping. Christopher Waller, a Fed governor, mentioned…
Mortgage rates have climbed to 7.09%, the highest since May, adding pressure on homebuyers facing high prices and limited inventory. Mortgage Rates Surge Past 7%, Hitting Highest Point Since May City: Washington, D.C.: So, the interest rate for 30-year mortgages just hit an eight-month high. It’s now at 7.09%, which is the highest we’ve seen…
The average 30-year mortgage rate has hit 7%, marking its fifth consecutive increase and the highest level in eight months. Average 30-Year Mortgage Rate Reaches 7%, Highest Since May Amid Rising Costs Los Angeles: So, the average rate for a 30-year mortgage just climbed to over 7%. That’s the highest it’s been in eight months,…
Fed Governor Waller suggests multiple interest rate cuts could happen in 2025 if inflation trends downward as expected Fed Governor Waller Predicts Possible Interest Rate Cuts in 2025 Washington: So, Federal Reserve Governor Christopher Waller recently shared some thoughts about interest rates. He mentioned that if inflation continues to ease, we might see several rate…
Wall Street saw a strong rebound thanks to cooling inflation and solid bank earnings, boosting investor confidence across major indexes. Wall Street Bounces Back as Inflation Eases: Top ETF Performers New York: Wall Street had a great day, bouncing back on the news that inflation is cooling off. All three major indexes saw their biggest…
Despite rising inflation, certain sector ETFs and stocks are positioned to benefit in the current market landscape 4 Sector ETFs and Stocks Set to Thrive Amid Cooling Inflation Trends New York: The annual inflation rate in the U.S. ticked up to 2.9% in December 2024, rising from 2.7% in November. This increase was expected and…
Jeffrey Gundlach criticizes the Fed for its short-term focus, suggesting it misses the bigger picture in managing inflation. Gundlach Compares Fed’s Approach to Mr. Magoo, Critiques Short-Term Focus New York: So, Jeffrey Gundlach, the CEO of DoubleLine Capital, recently shared his thoughts on the Federal Reserve. He thinks they’re kind of like Mr. Magoo, just…
December 2024 saw inflation rise due to higher food and energy prices, but experts predict a downward trend in 2025. Inflation Breakdown for December 2024: A Simple Chart Overview Lawndale: So, inflation took a little bump in December 2024. The consumer price index, or CPI, went up by 2.9% compared to last year. That’s a…
