European stocks were rising Wednesday after a surprise drop in the U.K. inflation rate. U.K. inflation fell to 2.5% in December, down from 2.6% the previous month, according to Office for National ...
Investors weigh an important matter: whether barriers are stronger to raising rates—or cutting them.
As mentioned, mortgage rates haven't fallen in line with the Fed's rate cuts because they depend on factors beyond the agency's benchmark rate, such as the economy and 10-year Treasury bond yields.
The Fed's interest-rate-cutting cycle is likely over after the December jobs report, BofA says.
The week has been a rollercoaster ride for the U.S. economy. From a slowdown in private sector job growth to rising inflation ...
Underlying US inflation probably cooled only a touch at the close of 2024 against a backdrop of a resilient job market and ...
Wall Street wrapped up a blockbuster 2024. The Nasdaq Composite Index outperformed, rising 28.6%, while the Dow Jones advanced 12.9%. The S&P 500 climbed 23.3% after a 24.2% jump in 2023. This marks ...
Redesigning and repricing of products and services to maintain sales and profitability have been driving Zacks Life Insurance ...
PNC Financial maintains a strong profit margin but faces weak loan growth. See why PNC stock may be at risk with rising ...
Treasury yields surged following the Fed's cautious outlook on rate cuts in 2025. The 2-year Treasury yield, closely tied to Fed rate expectations, rose to 4.352 percent from 4.239 percent on Tuesday.
U.S. mortgage rates rose to an almost six-month high toward the end of 2024, according to the Mortgage Bankers Association ...
A Fed rate hike in 2025 may not be out of the question. Forward contracts for the 3-month Treasury bill—specifically the 12-month and 18-month forward rates—are trading above the current 3 ...