Latest News for: fed rate

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Mortgage Interest Rates Today, May 27, 2024 | Rates Could Drop Later This Year

Business Insider 27 May 2024
According to the CME FedWatch Tool, the Fed may only cut rates once this year at one of its fall or winter meetings ... However, you'll have a higher monthly payment than you would with a longer term.How Do Fed Rate Hikes Affect Mortgages?.
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Balaji Srinivasan Criticizes Fed’s Unpredictable Monetary Policy, Praises Bitcoin’s Stability

Coin Edition 27 May 2024
Balaji argues the Fed’s monetary policy ... The Fed made three rate cuts by March 2024 but is ready to raise rates if needed. The Fed plans to maintain restrictive policies if inflation remains high.
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China better be prepared for US 'no-landing'

China Daily 27 May 2024
Between August and October last year, the US experienced three consecutive months of share price and bond declines, which have, to a certain extent, helped the Fed implement rate hikes ... cut its rates.
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US jobless claims drop by 8,000 to 215,000 from 223,000 a week earlier

Beijing News 27 May 2024
A hiring and wage growth slowdown could provide the Fed with the data it needs to consider cutting interest rates. Additionally, a cooler reading on consumer inflation in April could influence the Fed's next rate decision.
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European, Asian stocks rise as traders eye US inflation

Naharnet 27 May 2024
"While last week began on optimism that inflation could allow the Fed to cut rates as early as in September, this week begins on pessimism that the latter will probably not be possible,' said Ipek Ozkardeskaya, senior analyst at Swissquote bank.
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Jill On Money: Slow progress on inflation

East Bay Times 27 May 2024
The Core rate, which removes food and energy, was up 3.6% from a year ago, from 3.8% in the prior month ... Still, until there is more meaningful progress, the Fed is expected to keep interest rates higher for longer.
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USD to GHS: Ghana cedi outlook ahead of BoG decision

Invezz 27 May 2024
The USD/GHS exchange rate surged to a record high of 14.55, higher than its January open of 11.80 ... In a statement last week, JPMorgan’s Jamie Dimon warned that the Fed could even hike rates if inflation remains steady.
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Rumour about exchange rate management change is inaccurate: SBV official

Vietnam News 27 May 2024
The international financial community also maintains its view that the Fed will likely cut interest rates by the end of 2024, thereby reducing devaluation pressure on world currencies, including the đồng.
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Sarb expected to keep rates unchanged in spite of slowing inflation

Independent online (SA) 27 May 2024
Apart from this uncertainty, the currency remains highly sensitive to shifts in global risk appetites, which will likely remain volatile until US disinflation gathers downward traction and the Fed starts its rate-cutting cycle.”.
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Remolona says BSP has tamed inflation; IMF calls for FX flexibility

Manila Bulletin 27 May 2024
What the Fed decides is important because interest rate differentials have a potential impact on capital outflows and a higher policy rate in the US affects the decisions of investors,” said the IMF official.

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In this photo provided by the International Organization for Migration, an injured person is carried on a stretcher to seek medical assistance after a landslide in Yambali village, Papua New Guinea, Friday, May 24, 2024. More than 100 people are believed to have been killed in the landslide that buried a village and an emergency response is underway, officials in the South Pacific island nation said. The landslide struck Enga province, about 600 kilometers (370 miles) northwest of the capital, Port Moresby, at roughly 3 a.m., Australian Broadcasting Corp. reported. (Benjamin Sipa/International Organization for Migration via AP)
Benjamin Sipa/International Organization for Migration via AP
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