Alberto Musalem, President and CEO of the Federal Reserve Bank of St. Louis, speaks to the Economic Club of New York, in New York City, U.S., Feb. 20, 2025. Brendan McDermid | Reuters St. Louis Federal Reserve President Alberto Musalem on Monday reiterated his support for last week’s interest rate cut, but said he is wary about going much further. …
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Fed Governor Stephen Miran pushes case for central bank to slash key interest rate
Less than a week after taking his seat, Federal Reserve Governor Stephen Miran on Monday outlined the reasons why he thinks the central bank’s benchmark interest rate is far too high and should be lowered aggressively. Changes in tax and immigration policy along with easing rental costs, deregulation and incoming revenue for tariffs are creating a different economic landscape that …
Read More »Gold at record high as further Fed rate cut hopes spur investor demand – Reuters
Gold at record high as further Fed rate cut hopes spur investor demand Reuters Gold Holds Just Below Record as Traders Wait for Rate-Path Clues Bloomberg.com Gold price target of $6,600 is now reasonable, says Jefferies’ Chris Wood. Here’s why The Economic Times Gold Price Prediction: This Is How Much 10 Grams Could Be Worth In 7 Years News18 Gold drifts higher with spotlight …
Read More »Longer-Term Treasury Yields & Mortgage Rates Jump after Rate Cut, Yield Curve Steepens, Bond Market Gets Edgy
Bond market reacts to inflation expectations and supply of new bonds, not the Fed’s policy rates. By Wolf Richter for WOLF STREET. The 10-year Treasury yield closed at 4.14% on Friday, after having dropped briefly below 4.0% on September 11 (closing at 4.01%). On Wednesday last week, during an algo-driven moment, it also dropped to 4.0%, from 4.05%, then jumped right back to …
Read More »China leaves benchmark lending rates unchanged as expected, despite Fed rate cut
BEIJING, CHINA – OCTOBER 12: The People’s Bank of China (PBOC) building is pictured on October 12, 2020 in Beijing, China. Vcg | Visual China Group | Getty Images China kept its benchmark lending rates unchanged for the fourth month in a row on Monday despite the U.S. Federal Reserve’s interest rate cut last week. The People’s Bank of China …
Read More »Asia-Pacific markets rise ahead of China’s loan prime rate decision
TOKYO, JAPAN – JULY 27: Pedestrians and shoppers walk through the Akihabara area on July 27, 2023 in Tokyo, Japan. Japan’s core consumer price index climbed by 3.3% in June, outpacing the US figure for the first time in eight years as the Bank of Japan holds its monetary policy meeting on July 27 and 28. (Photo by Tomohiro Ohsumi/Getty …
Read More »Pac-Man World Re-Pac 2 Nintendo Switch 2, Switch frame rate and resolution detailed
Pac-Man World Re-Pac 2 launches next Friday, but for those wondering about the Nintendo Switch 2 and Switch versions, Bandai Namco has provided technical details which cover the frame rate and resolution. Let’s start with the Nintendo Switch 2 version. The game will include a Performance Mode, which focuses on hitting 60 frames per second. This features a 1080p resolution …
Read More »Real estate stocks decline despite interest rate cut (XLRE:NYSEARCA) – Seeking Alpha
Real estate stocks decline despite interest rate cut (XLRE:NYSEARCA) Seeking Alpha Wall St Week Ahead US housing shares shine as Fed restarts rate cuts Reuters 1 Top Stock to Buy That Will Likely Benefit From Declining Interest Rates The Motley Fool Are you buying or selling a home with recent interest rate drop? What you need to know Shreveport Times IPO Stock, Key Group …
Read More »The Fed cut its interest rate, but mortgage costs went higher
Torsten Asmus | Istock | Getty Images Longer-term Treasury yields jumped this week, flying in the face of the Federal Reserve’s interest rate cut, as bond investors didn’t get the assurances they sought. The 10-year Treasury yield jumped as high as 4.145% after briefly falling below 4% this week. The 30-year Treasury yield — closely followed for its connection to …
Read More »Treasury Market Wobbles After Fed Rate Cut. We’ve Seen This Before. – Barron's
Treasury Market Wobbles After Fed Rate Cut. We’ve Seen This Before. Barron’s 10-year Treasury yield hits 2-week high despite Fed rate cut this week CNBC Trouble In Paradise: Long-Term Rates Are Rising Seeking Alpha Here are the 3 biggest ways the federal interest rate cut could impact your money CBS News Here’s what the 10-year Treasury yield’s rise after the Fed’s rate cut tells …
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