Jerome Powell – MANDEL NGAN/ AFP The head of the Federal Reserve has warned US families to expect “pain” as he rallied central bankers around the world to continue cracking down on inflation wit...
Tag: Rates
Rates will rise until the ‘job is done’ bringing down inflation
Federal Reserve Chairman Jerome Powell on Friday said the central bank’s job on lowering inflation is not done, suggesting that the Fed will continue to aggressively raise interest rates to cool the e...
Where The Feds Go To “Retreat”
The sign reads “howdy stranger yonder is Jackson Hole, last of the old west. On top of Teton Pass … [+] Wyoming getty Jackson Hole, Wyoming is where Federal Reserve Bank big shots go in la...
Interest Rates Are Going Up. These 11 Banks Will Benefit.
Text size Bank of America is among the lenders that RBC says are especially well positioned for the current environment. Dominick Reuter/AFP via Getty Images Bank stocks—one of the few immediate benef...
What The Negative Bitcoin Funding Rates Say About Investor Outlook
Bitcoin funding rates have remained low even when the price of the digital asset has rebounded. The trend for the previous week showed that investors remained extremely wary of the market, and there h...
Inflation Rates and the Future of Bitcoin – crypto.news
The financial crisis has pushed governments worldwide into taking extreme measures to ensure their economies continue functioning, and inflation rates have skyrocketed. However, inflation could be goo...
How to find cheap hotel rooms? Survey compares popular website rates
Many travelers try to save money by searching the internet for cheaper hotel rates. But a new study suggests it may not be worth the time — at least in some places. The travel insurance comparison sit...
Do Ultra-Low Rates Cause Ultra-Low Growth?
ILLUSTRATION – A woman points at a website advertising a negative interest rate. Photo: Christian … [+] Charisius/dpa (Photo by Christian Charisius/picture alliance via Getty Images) pictu...
Crypto lending platforms increase rates due to higher borrowing demand
Savings rates on crypto holdings have increased across lending platforms, despite several high-profile lending firms collapsing in June and July. Following the collapse of Terra, lending companies f...
Toll Brothers Home Orders Sink 60% as Rates Hit Luxury Buyers
(Bloomberg) — Toll Brothers Inc., the largest US luxury-home builder, reported a plunge in quarterly orders and cut its sales outlook as rising interest rates challenge buyers, even at the high ...
Powell Is Not About to Go All Volcker on Rates at Jackson Hole, Goldman’s Hatzius Says
(Bloomberg) — The message from markets this past week has been that Federal Reserve Chairman Jerome Powell will channel his inner Paul Volcker and deliver the fire and brimstone of large, inflat...
Bitcoin Price on Verge of $20,000 amid Fed’s Interest Rates Announcement
Bitcoin and other major cryptocurrencies plunged back last week on Friday, wiping almost $200 billion from the combined market after a serious collapse warning. Bitcoin price dropped sharply toward $2...
Mortgage rates slink back down, but hordes of jittery homebuyers are still waiting on the sidelines
Mortgage rates slink back down, but hordes of jittery homebuyers are still waiting on the sidelines U.S. mortgage rates fell this week as inflation finally started to moderate, a new report shows. The...
BTC and ETH Fall As Interest Rates Rise, But Chronoly…
With inflation still at record highs in the past few decades, the Federal Reserve has been steadily raising interest rates to quell consumer and business spending. If you’ve been in the crypto game fo...
Hodlnaut Confirms Interactions With Singapore Police, Job Cuts, Interest Rates Halts
In the wake of a statement by Hodlnaut confirming its request for judicial management on the 16th of August, the distressed platform has updated its original announcement providing more context on the...
Decline In Bitcoin Denominated Open Interest Sees Funding Rates Fall Below Neutral
Bitcoin funding rates have been on a bearish trend in recent months. It has now spent one of its longest stretches in neutral and below neutral territory. But even with the recovering prices and senti...
Bitcoin Tumbles As Fed Opts For Restrictive Rates
The price trend for Bitcoin seems to be moving with the set rates of the US Federal Reserve. BTC plunged shortly after the Federal Reserve’s July meeting. However, from the minutes released on Wednesd...
Dow Futures Steady as Fed Signals Need to Keep Raising Interest Rates
Text size Federal Reserve officials agreed they need to keep raising interest rates to cool inflation. (Photo by TIMOTHY A. CLARY/AFP via Getty Images) AFP via Getty Images Stock futures fluctuated Th...
Mortgage demand fell last week even as rates declined slightly
A For Sale sign is posted in front of a property in Monterey Park, California on August 16, 2022. Frederic J. Brown | AFP | Getty Images Mortgage rates fell slightly last week, but not enough to fuel ...
Dow Futures Dip as Wall Street Seeks Rates Guidance From the Fed
Text size The focus for investors Wednesday will be on minutes from the latest Federal Reserve meeting. Getty Images Stock futures dipped Wednesday after strong earnings reports from Walmart and Home ...
Bitcoin Funding Rates Remain Positive As Bullish Sentiment Continues
On-chain data shows the Bitcoin funding rates have remained at positive values recently as the crypto’s price has continued its recovery. Bitcoin Funding Rates Have Been Mostly Positive During The Pas...
U.S. freight rates have peaked, another signal inflation is easing
Trucks at the entrance to the Port of Oakland in Oakland, California, US, on Thursday, July 14, 2022. David Paul Morris | Bloomberg | Getty Images U.S. freight rates increased 28% year over year, but ...
Home Builders Slash Prices As Buyers Cancel Contracts, Mortgage Rates Rise
Topline Home builder confidence plunged to a new two-year low in August as higher interest rates, lingering supply chain problems and record home prices continue to exacerbate housing affordability ch...
Mortgage rates jump back above 5%, but it’s not all bad news for homebuyers
‘A slight breather’: Mortgage rates jump back above 5%, but it’s not all bad news for homebuyers After falling below 5% for the first time in more than four months, the interest rate...
This growth stock is worth owning despite higher rates: Gina Sanchez
Visa Inc (NYSE: V) is still down more than 15% from its all-time high, which, as per Gina Sanchez (Chief Market Strategist at Lido Advisors), means an opportunity to build a position in this high-qual...
Here’s why Cathie Wood believes the Fed will actually cut rates in 2023 — plus 3 stocks she likes right now to capitalize
‘The economy is very weak’: Here’s why Cathie Wood believes the Fed will actually cut rates in 2023 — plus 3 stocks she likes right now to capitalize In an effort to tame rampant inflation, the ...
With interest rates rising, is locking money in a CD finally worth it in 2022?
With interest rates rising, is locking money in a CD finally worth it in 2022? Looking for a nearly risk-free place to invest your savings? You could open a garden-variety savings account, but your in...
Wild swings in mortgage rates last week caused a rare surge in refinancing
An “Open House” sign at the Saratoga Homes Glendale Lakes community development in Arcola, Texas, on Tuesday, July 12, 2022. Mark Felix | Bloomberg | Getty Images After dropping at the end...
Credit card rates hit the highest average monthly rate in 24 years, new data shows
Prices across the globe are continuing to rise at their fastest rate in more than 40 years, driven by energy and food costs. Similarly, credit card usage and credit card borrowing is increasing at an ...
‘The real mortgage rate is a negative number.’ As inflation stubbornly sits at a 40-year high, do current mortgage rates look better than they seem?
What is the so-called ‘real mortgage rate’ and does it matter? Getty Images/iStockphoto I write about mortgage rates every week, but recently, I’ve heard some sources chattering about what’s called th...
Fewer Americans Are Moving This Year Amid Rising Interest Rates And High Rents
Topline The number of Americans who changed their addresses in May and June dropped nearly 10% this year, according to a new Pew Research Center report released Monday, as rising interest rates and re...
20 bank stocks expected to benefit the most from rising interest rates as the Federal Reserve fights inflation
When companies report financial results, analysts tend to make comparisons to the year-earlier quarter. But there are times when sequential improvements can be telling. This is one of those times for ...