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Bitcoin may test $82K and $76K after Fed decision: Bitfinex analysts
12+ min ago (1206+ words) Bitcoin has remained trapped between large liquidation zones near $76,000 and $82,000 as falling spot-market selling meets rising leverage before the Federal Reserve’s interest-rate decision. Bitfinex analysts said in their latest Bitcoin market report that leverage has accumulated on both sides of…...
Mortgage Rates Start Higher, But Some Lenders Recovered
26+ min ago (353+ words) On average, the top-tier 30yr fixed mortgage rate moved up to another new long-term high today of 7.17%. You'd have to go back to January, 2025 to see anything higher. That said, there's more variability than normal today depending on the lender. Bonds…...
The Fed may be on the verge of a serious mistake, prominent economists warn
32+ min ago (223+ words) Investors on Wall Street and observers of the Federal Reserve in Washington largely expect the central bank to raise interest rates when it meets this week, but some prominent economists are warning that such a move could prove to be…...
The Next Oil Shock Is Never the Last
54+ min ago (1194+ words) Syria Diesel Prices Jump 40% Triggering Widespread Unrest Chevron, Microsoft and a wave… The Houthis have seized the Yemeni Red Sea coast, the port of Mokha and Perim Island, which divides the narrow Bab el-Mandeb Strait into two channels. The group…...
Fed rate hike on Wednesday now likely, say economists, and at least one more to follow: Reuters Poll - AOL
15+ hour, 4+ min ago (693+ words) BENGALURU, Sept 14 (Reuters) - The Federal Reserve will raise its interest rate on Wednesday and deliver at least one more hike by the end of March, according to a majority of economists polled by Reuters, reversing a fragile no-change consensus that…...
The Chances of a Federal Reserve Rate Hike Are Surging. Here's What It Means for the Stock Market.
9+ hour, 1+ min ago (438+ words) Interest rates in some parts of the economy were already rising in anticipation of the news. When the Bureau of Labor Statistics confirmed on Friday that the United States' consumer inflation rate was indeed a lofty 3.4% in August, those rates…...
Refinancing for mortgages has all but vanished: Homeowners are tapping equity instead - AOL
10+ hour, 7+ min ago (248+ words) That is the profile of a homeowner borrowing against the house rather than replacing the mortgage. FourLeaf Federal Credit Union, the only lender in the tracked set that posts a HELOC, lists it at 6.75%. New construction told the same story....
U.K. Mortgage Rates Climb to 5.14% Ahead of Thursday’s Bank Decision
1+ hour, 45+ min ago (12+ words) TechStock²...
The Chances of a Federal Reserve Rate Hike Are Surging. Here's What It Means for the Stock Market. - AOL
9+ hour, 1+ min ago (364+ words) For far too long, inflation has lingered above levels the Federal Reserve considers palatable. As a means of tamping down this unchecked price growth, higher interest rates are on the (very) near-term horizon. These higher interest rates, however, also work…...
Economics: It’s All About the Human Mind
2+ hour, 54+ min ago (889+ words) Suppose you’re in a laundromat, or at a mid-desert highway rest stop vending machine. You need just one more quarter to get the machine to work. You see another patron with change and offer to give her a dollar bill…...