The Fed is expected to cut its economic support faster as inflation grows worrisome.
The Federal Reserve is set to announce its plans Wednesday afternoon.
Source: nytimes.com
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Retail Sales and Inflation News: Live Updates - The New York Times
The increase in spending continued for a fourth straight month despite an increase in coronavirus cases and higher prices on goods because of inflation.
Source: nytimes.com
Rates Rising Relentlessly, But Why? And When Will They Stop?
A blog keeping you up to date on current mortgage rates and market conditions.
Source: mortgagenewsdaily.com
PBOC sends signal as market looks past impeachment vote
1/13/2021 12:28:18 PM GMT Overview The US dollar is regaining ground lost in yesterday's setback against the major currencies.Sterling is the notable exception. It was toying with the $1.37 area, perhaps helped by the Governor of the Bank of England signal that there still are hurdles to adopting negative interest rates, which the futures market is still discounting for as soon as midyear.The US 10-year yield that reached 1.18% yesterday before slipping is now back to around 1.12%, which has taken off pressure from the other major bond markets and yields a little lower.Even in Italy, where ...
Source: fxstreet.com