Page 22 - Basis Point News Today

Inflation hit 9.1 per cent in June - another four-decade high

And negotiating with at least five different lenders before you signed and you can negotiate not just your interest rate but all other terms on that document whether its lender fees, et cetera. and one of the things i think sometimes, because our minds are so beautiful, we look at numbers and we say the difference between a 5.5% interest rate and a 5.75% interest rate is not that much. ill go with lender a. that 25 basis point difference can account for upwards of $20,000 in increased interest o...

You go to the grocery store, thats costing you more. you go to pump up your car with gas, thats costing you more than double what you are paying under trump. you want to take your family out to dinner, good luck. thats costing you more. you want to buy a new car, thats going to cost you a fortune more, probably above msrp because they dont have the parts available. want a used car? thats up dramatically. want to renovate your house? thats costing you more, but when the housing market crashes, an...

Recession caused by the federal reserve. so pain becomes a different -- >> harris: they seem ready to give us that pain as they are threatening 44.5% basis point of raising the feds. jimmy failla, you always lift our moods. i was on the radio with you this weekend you were keeping everything serious. you have your bill clinton pain going. >> jimmy: its only bill clinton i can have winds around the with women like this. >> look how everyone was dressed today. >> jimmy: a whole new show. it is tru...

Month or so, but as tom just showed in his report, still 60% higher than last year. oil almost 100% higher than it was last year. so what is the feds move here? >> the feds move now is to raise rates, and it is a certainty, willie, that they will. it is going to happen at the meeting theyre going to have later on this month. the question now is by how much. the issue for the baseline scenario on inflation is that the fed is going to continue to raise interest rates. and the consensus prior to ye...

Hike, was an option, still on the table. when the comments came out, the futures markets rejiggered everything, and now there is a 50/50 chance in the markets right now, thats what is being handicapped, of either a 75 basis point or three-quarters of a percentage point hike, or a one full percentage point hike. by the way, willie, mika, thats important. because the fed has not hiked interest rates by a full percentage point since going all the way back to the early 1990s when it started to first...

>> so, robin, what does this mean for the fed? are we going to see another interest hike in our future? why would they want to keep slowing things down? >> because ostensibly if were not in a recession, you can take it and cram in another 75 basis point and talk about another 50 or 75. this is the problem with micromanaging this economy like its a man-made lake or reservoir that you have to pump in and take out and pump in and take out. the business cycle be damned. the fed pumped so much moneta...

New research from Morgan Stanley says that during May 2022, iPhone sales were up 15% year-over-year in China -- but at the same time, App Store usage has decelerated in the country.

New research from Morgan Stanley says that during May 2022, iPhone sales were up 15% year-over-year in China — but at the same time, App Store usage has decelerated in the country.

To a range of 1.5 to one and three quarters of a percent, move that will push up borrowing costs for and company. us interest rates havent been hiked by this much in one go since bill clinton was in the white house in 199a, the size of the mood something federal chair reflected on during his press conference. clearly the 75 basis point is an unusually large one and i dont — an unusually large one and i dont expect moves like to be common _ dont expect moves like to be common. from the perspect...