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Mortgage rates stubbornly high at 7%; Fed tapping brakes on interest rate cuts because inflation remains above target
Despite hopes that the Federal Reserve’s interest rate cuts last year would drive down the borrowing rate for home loans, ...
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Dollar treads water ahead of CPI, tariffs remain in focus
The dollar weakened against the euro on Tuesday but stayed near its highest level in more than two years as ...
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Stocks Settle Mixed Ahead of Wednesday’s US CPI Report
Tuesday closed up +0.11%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.52%, and the Nasdaq 100 Index ($IUXX) ...
December CPI report expected to show sticky inflation as investors recalibrate rate cut bets
December's Consumer Price Index will serve as the latest test of whether an inflation resurgence is a risk to the US economy as investors debate if and when the Federal Reserve will cut interest rates ...
The markets are sending Trump a message
Markets are getting worried about protectionism, the deportation of migrant workers, and a fresh bout of inflation.