As we noted in our FOMC meeting preview report, the market had a 75bps interest rate hike priced in for weeks, and not surprisingly, that’s exactly what the central bank delivered. Therefore, we haven’t seen much market movement from the interest rate decision itself, but there are still some key nuggets for traders in the […]
The post FOMC Meeting Recap: Smaller Rate Hikes Coming…But a Higher Terminal Rate on Tap? appeared first on Action Forex.
Home buyers may have to wait until 2025 for mortgage rates to decrease. The average 30-year mortgage rate rose to 6.84% last week, continuing its consistent weekly increase since September. The moderate housing market during Read more…
Back in September, South Korean automaker Hyundai (HYMTF) and Detroit Big Three automaker General Motors (GM) announced and signed a Memorandum of Understanding (MoU), an agreement on paper that recognizes the two companies’ interest in a Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Cozy and comfortable are two adjectives that we all want to Read more…