Here are the most important news, trends and analyzes that investors need to start their trading day: 1. Shares are bullish after selling on Thursday Traders work on the floor of the New York Stock Exchange. NYSE U.S. Clobeld tech stocks rallied again on Thursday after stock futures bounced back …
Read More »How the American Mortgage Machine Works
Every family needs a home, and so many risks are created by a standard 30-year mortgage in America. Finding an investor to take every risk is the work of Rub Goldberg’s paradox, which is the US housing-finance industry. How it all fits together investors will one day be seen wandering …
Read More »Show minutes Adjusting the Fed’s weight by buying adjusted bonds to provide more support to the economy ‘very soon’
During a meeting earlier this month, Federal Reserve officials took part in an extensive discussion of their asset purchase program, with some members saying they expected to implement several changes. The Fed released a few minutes from its November 4-5 policy meeting on Wednesday. Officials at that meeting voted to …
Read More »The interest rate is stable near zero
The Federal Reserve in its decision on Thursday set a short-term orrowing rate close to zero that showed the economy was growing but not as close as it was before the coronavirus epidemic hit. As per the broader expectation of the markets, the Fed kept its benchmark interest rate between …
Read More »Fed’s Rosnegren says years of low interest rates have exacerbated the current economic crisis
Boston President and CEO Eric S. Rosegren Federal Reserve Bank Keith Bedford | Reuters Boston Federal Reserve President Eric Rosnegren said Thursday that lower interest rates have put more risks on commercial real estate and the current economic downturn will be more severe. A central bank official said he expects …
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