The market now thinks the Fed will cut rates twice by late January

·

·

The market now thinks the Fed will cut rates twice by late January

Markets now expect the Federal Reserve to cut interest rates twice by late January as economic signs continue to weaken and Wall Street stumbles through another rough patch. Futures trading indicated a 63% chance of a September cut and a 62% …
See Original Article

Blockchain Settlement Was Slow, Costly in Trial, Weidmann Says

A trial project using blockchain to transfer and settle securities and cash proved more costly and less speedy than the traditional way, Germany's
See Original Article

Johannesburg's Biggest Stocks Suffer Worst May in Decades

If you're looking for evidence of South Africa's faltering economy, the performance of shares in its biggest companies is a good place to start.
See Original Article

Natural Gas Is Now Called 'Freedom Gas,' According to the Department of Energy

Jingoistic nationalism and promoting fossil fuels go hand in hand for the Trump administration. But the Department of Energy took that connection to a new level on Wednesday with a press release touting natural gas as “freedom gas” full of—I feel stupid even …
See Original Article

Mortgage applications fall despite low rates as trade war fears grow

Americans aren’t seeking mortgages in big numbers despite low borrowing costs and moderating price gains. Mortgage applications fell 3.3% from last week despite mortgage rates that remained low, according to the Mortgage Bankers Association (MBA).
See Original Article



Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.