Federal Reserve officials will have a lot to say this week - Midday
Several Fed policymakers are scheduled to speak publicly ahead of expected rate hike later this month; Treasury Secretary Yellen returns from China with the…
Source: biztoc.com
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Top News In Several Fed Today - Breaking & Trending Today
Mortgage Rates Quickly Down to 2-Week Lows
After hitting the highest levels in several months last Friday, mortgage rates have fallen fairly quickly in the new week.  As bond markets improved this afternoon, many lenders were able to make mid-day adjustments.  That brought the average top tier 30yr fixed rate down to the lowest levels since Thursday, May 18th (not QUITE 2 weeks, but close enough!). The credit for the rate reversal is multifaceted.  The move began in Europe where friendly inflation data added to an even sharper drop in rates.  As is often the case, European rate momen...
Source: mortgagenewsdaily.com
The daily business briefing: May 25, 2023
Nvidia shares soar after strong AI chip boosts outlook, Fed minutes show policy makers were split on whether to pause rate hikes in June, and more
Source: theweek.com
Pause on Rates Isn't a Done Deal. Fed Officials Are Split
Several Fed officials have emphasized that there is still work to be done to cool inflation, while others have said it might be time to step back and evaluate…
Source: biztoc.com
Pause on Rates Isn't a Done Deal. Fed Officials Are Split
Several Fed officials have emphasized that there is still work to be done to cool inflation, while others have said it might be time to step back and evaluate…
Source: biztoc.com