Here are minutes from the September Federal Open Market Committee (FOMC) policy meeting: The manager turned first to a review of developments in financial markets over the intermeeting period. U.S. data releases generally pointed to greater … [Continue reading] about Federal Reserve expects interest rates to be ‘restrictive’ until inflation eases
Freddie Mac: 30-year fixed-rate mortgage average approaching 8%
Why would anyone bother selling their home if they acquired the residential property with a 2.89 percent mortgage rate? Have you seen mortgage rates these days? Last week, they hit 7.49 percent, according to Freddie Mac's Primary Mortgage … [Continue reading] about Freddie Mac: 30-year fixed-rate mortgage average approaching 8%
Bidenomics: 41% of U.S. households say they are financially worse off than a year ago, New York Fed’s SCE shows
Are you better off now than you were a year ago? According to the Federal Reserve Bank of New York's (FRBNY) Survey of Consumer Expectations (SCE), more than 41 percent of U.S. households say they are financially worse off than a year ago in … [Continue reading] about Bidenomics: 41% of U.S. households say they are financially worse off than a year ago, New York Fed’s SCE shows
Government employment, part-time jobs growth highlight new concerning trend in September NFP report
The U.S. economy added an astounding 336,000 new jobs in September, more double what the market estimated. Unemployment was unchanged at 3.8 percent, average hourly earnings dipped to 4.2 percent, and the labor force participation rate was flat at … [Continue reading] about Government employment, part-time jobs growth highlight new concerning trend in September NFP report
WATCH: Second Republican Primary Debate
The second Republican primary debate will once again be exclusively live-streamed on Rumble: … [Continue reading] about WATCH: Second Republican Primary Debate