dowell | Moment | Getty Images Investors have many options when saving for short-term goals, and those choices have become more complicated amid high inflation and rising interest rates. While there h...
Tag: Rates
Mortgage demand plunges, as interest rates rise
A ‘For Sale’ sign stands in a vacant lot near new homes in Dunlap, Illinois. Daniel Acker | Bloomberg | Getty Images After a brief reprieve in the first half of December, mortgage interest...
Fed Minutes Hint At Optimism On Inflation, But Forecast High Rates For 2023
WASHINGTON, DC – SEPTEMBER 24: The minutes from the Fed’s December meeting acknowledged easing … [+] inflation but committed to moving rates higher. (Photo by Drew Angerer/Getty Imag...
Fed Minutes to Reveal Source of Inflation Angst Pushing Up Rates
(Bloomberg) — The Federal Reserve is set to shed more light on why it’s worried that strong inflation may linger as the US economy moves into the new year. Most Read from Bloomberg At the conclu...
Is Inflation High Compared To Years Past? Breaking Down Inflation Rates By Year
| Getty Images Key Takeaways Over the past 10 years, inflation has averaged 1.88%. 2022 showed an annual inflation rate of 8%. The U.S. experienced deflation in the 1930s and high rates of inflation i...
When To Expect The Fed To Raise Rates Again In 2023
Jerome Powell, chairman of the US Federal Reserve, is expected to announce another interest rate … [+] hike on February 1. Photographer: Al Drago/Bloomberg © 2022 Bloomberg Finance LP Markets ex...
4 Moves to Make in Your Portfolio as Interest Rates Climb
After its first rate since 2018, the Federal Reserve is expected to raise interest rates six more times in 2022. Interest rates are on the rise. The Federal Reserve approved its first interest rate hi...
BTC price preserves $16.5K, but funding rates raise risk of new Bitcoin lows
Bitcoin (BTC) staged a modest recovery on Dec. 29 as United States stock markets rebounded in step. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $10,000 BTC price targets stick Data fro...
Rising Interest Rates Can Make You Money
Debtors hate rising interest rates, but investors? Some are cheering them. Retirees and others focused on holding a diversified portfolio can now get returns with less risk. X The 60/40 portfolio, mad...
ECB’s Schnabel Says Rates Need to Reach ‘Restrictive’ Level
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg European Central Bank Executive Board member Isabel Schnab...
10 ways American finances actually improved in 2022, despite high interest rates and a slump in stocks
Many Americans are ending the year feeling gloomy about their finances, and you don’t need to be a psychiatrist to figure out why. Runaway inflation gnawed through household budgets as prices soared o...
Declining mortgage rates offer some buyers a sliver of hope as they face the ‘insurmountable wall’ of still-high prices and surging interest rates
Declining mortgage rates offer some buyers a sliver of hope as they face the ‘insurmountable wall’ of still-high prices and surging interest rates As winter sets in, temperatures are dropp...
Bitcoin (BTC) Price Awaits for a Larger Move: Will PCE Rates be the Catalysts?
Bitcoin price is trading within a stagnant trend and consolidating below $20K for over a month, failing to breach these levels. Moreover, the volatility has squeezed to its maximum in the past couple ...
B2BinPay Upgrades Its Payment Processing Solution With Lower Commission Rates, New Tokens, and Enhanced Website
[PRESS RELEASE – Please Read Disclaimer] B2BinPay, a premier crypto payment processing provider, has just rolled out an extensive update to its commissions, website design, Enterprise and Merchant Mod...
Bitcoin Adoption Rates Are Growing Rapidly in These 5 Countries
Worldwide adoption of Bitcoin started with countries resisting the control of their centralized fiat currencies. Nigeria, El Salvador, Ghana, and more have witnessed a growing trend for “How to buy Bi...
Homebuyers are turning to all-cash offers to get around high mortgage rates
Frustrated by mortgage rates above 6%, a growing share of first-time homebuyers are opting to pay for their homes in cash to avoid high borrowing costs. In October this year, 32% of homes sold in the ...
Home Sales Plunge To Great Recession Levels As ‘Frozen’ Housing Market Adjusts To Elevated Mortgage Rates
Topline Existing home sales fell in November for a record 10th-consecutive month, according to data released Wednesday by the National Association of Realtors, as the housing market continues to be on...
Mortgage refinance demand surged 6%, as interest rates dropped
A property for sale in Monterey Park, California Frederic J. Brown | AFP | Getty Images Mortgage interest rates dropped again last week, and while that did little to bolster demand from homebuyers, it...
CME Group and CF Benchmarks releases three new DeFi reference rates and real-time indices
Three new DeFi reference rates and real-time indices were revealed on Tuesday via the Twitter account of Chicago Mercantile Exchange (CME) Group, the world’s largest derivatives exchange, in collabora...
Bill Gross says markets are headed for ‘potential chaos’ if interest rates keep going up
Famed investor Bill Gross said he expects big trouble ahead should the Federal Reserve keep hiking interest rates. “The economy has been bolstered by tremendous amounts of trillions of dollars i...
This Is A Bearish Week For Bond Markets
AP Photo/Andrew Harnik, File Copyright 2018 The Associated Press. All rights reserved. The third week of this month has been very bearish in the fixed income market. This week is similar to the same w...
Bear market likely to last in 2023 as Fed raises interest rates higher
A brutal year for the U.S. stock market is coming to an end, but investors hoping to see a brighter 2023 may be out of luck. Although hopes of moderating inflation and the prospect of smaller interest...
CME Group, CF Benchmarks launch new DeFi reference rates for Aave, Curve and Synthetix
CME Group and CF Benchmarks launched new DeFi reference rates and real-time indices for Aave, Curve, and Synthetix. The reference rates and real-time indices are not tradeable products, but tran...
Fed Hikes Rates A Little More And No Santa Rally So Far As Markets Remain Down
Getty Images TL;DR The Fed has hiked rates again this month, though the 0.50 percentage point increase slowdown from the 0.75 percentage point increases we’ve seen at the past four meetings The annual...
3 Simple Ways to Boost Conversion Rates on Your Ecommerce Website
Everyone can improve their conversion rates, and if you’ve been struggling to turn visitors into buyers lately, you should know that there is always hope. Unless something catastrophic is happening wi...
As mortgage rates decline for a fifth week, experts say the market has tipped ‘a bit further in favor of buyers’ despite continued ‘affordability hurdles’
‘A welcome development’: As mortgage rates decline for a fifth week, experts say the market has tipped ‘a bit further in favor of buyers’ despite continued ‘affordability hurdles’ Mortgage rates conti...
Bank of Russia Warns on Wartime Labor Shortages, Holds Rates
(Bloomberg) — Russia’s central bank delivered its strongest warning yet that the Kremlin’s call-up of men to fight in Ukraine is leaving the economy deprived of workers and could put pressure on...
Japan to Ease Corporate Tax Rates for Token Issuers
Earlier this week, Japan’s ruling Liberal Democratic Party (LDP) approved a proposal that would exempt companies that issue cryptocurrencies from taxes on unrealized capital gains for tokens they reta...
Neobanks raise savings yields as Bank of England hikes interest rates
The Starling Bank app displayed on a person’s phone. Adrian Dennis | AFP via Getty Images LONDON — Online banks in the U.K. are racing to bump up the yields on their savings accounts in a bid to...
ECB Raises Interest Rates by 0.5 Basis Points to Curb Inflation
12 seconds ago | 2 mins read Bitcoin News European Central Bank’s benchmark interest rate will rise to 2% from 1.5%. The bank has signaled that it plans to increase interest rates further. The Europea...