Tag Archives: Rate

JPMorgan says it now sees four Fed rate cuts on the horizon as Trump nominates Miran to Fed – MarketWatch

JPMorgan says it now sees four Fed rate cuts on the horizon as Trump nominates Miran to Fed  MarketWatch J.P.Morgan brings forward Fed rate cut forecast to September  Reuters Bank of America sees stagflation, not recession—and no rate cut this year. It’s because of 2 specific Trump policies  Fortune Scaramucci: 50-basis-point cut from Fed possible next month  The Hill JPMorgan predicts Fed will cut …

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J.P.Morgan brings forward Fed rate cut forecast to September

J.P.Morgan brings forward Fed rate cut forecast to September

By Rashika Singh (Reuters) -J.P.Morgan now expects the U.S. Federal Reserve to cut interest rates by 25 basis points at its September meeting, citing signs of weakness in the labor market and uncertainty around President Donald Trump’s latest Fed nomination. The brokerage had earlier forecast one 25-basis-point rate cut in December but said in a note on Thursday that the …

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The Social Security tsunami: Payments could be cut by 23%, doubling the poverty rate for America’s seniors

The Social Security tsunami: Payments could be cut by 23%, doubling the poverty rate for America’s seniors

As millions of Americans rely on Social Security for their monthly income, new reports indicate the program’s finances are at a critical juncture. Here’s what every current or soon-to-be recipient should understand about the future of Social Security, the risks to your benefits, and what steps Congress could take to keep the program strong. When will Social Security “run out …

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Nasdaq posts record closing high with tech gains, rate cut optimism – Reuters

Nasdaq posts record closing high with tech gains, rate cut optimism  Reuters S&P 500 rises, Nasdaq closes at record Friday as Apple shares rally: Live updates  CNBC Stocks Climb on Hopes for Russia Deal as Oil Falls: Markets Wrap  Bloomberg.com US stocks end week strong as Nasdaq notches record. Gold also scores record high.  USA Today The S&P 500 Finishes Shy of Record as …

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Mortgage Calculator: Here’s How Much You Need To Buy a $439,450 Home at a 6.63% Rate – Realtor.com

Mortgage Calculator: Here’s How Much You Need To Buy a $439,450 Home at a 6.63% Rate  Realtor.com Mortgage Rates Decline To Lowest Level In Nine Months  Bankrate Mortgage Rates Flat Ahead of Next Week’s High-Stakes Data  Mortgage News Daily Average rate on a 30-year mortgage drops to lowest level since April  Yahoo Finance Mortgage rates hit 4-month low; will the downward trend last?  Real Estate …

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Wall Street gains with tech, rate cut expectations – Reuters

Wall Street gains with tech, rate cut expectations  Reuters S&P 500 rises, Nasdaq hits all-time high as Wall Street aims for a strong end to the week: Live updates  CNBC Stock Market Today: Dow and S&P 500 rise; Tech-heavy Nasdaq attempts fresh record high  MarketWatch Stocks Supported by Robust Earnings and Rate Cut Hopes  Yahoo Finance Dow Jones Today: Stocks Surge as S&P 500, …

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Trump orders increased federal law enforcement presence in DC over crime rate

Trump orders increased federal law enforcement presence in DC over crime rate

WASHINGTON — Federal agents are expected to have a much stronger and visible presence on the streets of Washington starting Friday following several days of President Donald Trump’s bashing the city’s crime rate. “President Trump has directed an increased presence of federal law enforcement to protect innocent citizens,” White House press secretary Karoline Leavitt said in a statement Thursday, calling …

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Average rate on a 30-year mortgage drops to lowest level since April

Average rate on a 30-year mortgage drops to lowest level since April

The average rate on a 30-year U.S. mortgage has fallen to its lowest level in four months, welcome news for prospective homebuyers who have been held back by stubbornly high home financing costs. The long-term rate fell to 6.63% from 6.72% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.47%. Borrowing costs on 15-year …

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Florida residents could see a $10 billion utility rate hike. Here’s what to know.

Florida residents could see a  billion utility rate hike. Here’s what to know.

Florida’s biggest utility company is proposing a nearly $10 billion rate hike for electricity over the next four years, which environmental advocates say would represent the largest utility hike in U.S. history. Florida Power & Light Company (FPL), a subsidiary of Florida-based energy company NextEra Energy, outlined the changes in a petition filed in February with the Florida Public Service …

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Stocks Trade Higher On Solid Earnings And Fed Rate Cut Speculation – Barchart.com

Stocks Trade Higher On Solid Earnings And Fed Rate Cut Speculation – Barchart.com

Stocks Trade Higher On Solid Earnings And Fed Rate Cut Speculation  Barchart.com Shares gain around the world, yields edge up  Reuters Stock market today: Dow jumps 580 points, S&P 500, Nasdaq have best day since May as Wall Street bounces back  Yahoo Finance Markets Open Higher Amid Fed Rate-Cut Expectations  Barron’s US stocks end higher on expectations of lower rates, easing trade tensions  USA Today …

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