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Tag Archives: rates

The Fed may cut interest rates if inflation remains disappointing: Bullard

HONG KONG (Reuters) – A further weakness in inflation could lead the US Federal Reserve to cut interest rates even as economic growth maintains its momentum, said James Bullard, president of the Federal Reserve Bank of St. Louis Wednesday. James Bullard, President of the Federal Reserve Bank of St. Louis, speaks before the Foreign Correspondents' Hong Kong club in Hong …

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Leaders at Kohl & # 39; s, JC Penney, Home Depot, oppose rates

This photo, taken on October 17, 2018, shows a worker inspecting shoes at a factory in Qingdao, eastern Chinese province of Shandong. STR | AFP | Getty Images Kohl executives JC Penney and Home Depot agreed that they received additional taxes on imports from China when they talked to analysts on teleconference on Tuesday. Kohl's shares gave way A 52-week …

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Trump administration delays car rates by up to six months

The Trump government will postpone import duties on cars and car parts by up to six months as it negotiates trade agreements with the European Union and Japan. In a proclamation on Friday, Trump announced that he instructed US Trade Representative Robert Lighthizer to seek arrangements to "counter the threat of national security" from car imports. Trump might decide to …

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Wall Street is optimistic about possible delays in car rates By Reuters

© Reuters. Traders working on the New York Stock Exchange By Amy Caren Daniel and Sruthi Shankar (Reuters) – US equities gained ground on Wednesday after it was announced that President Donald Trump was postponing a decision to impose a car Tariffs give respite to those markets worried about a slowdown in global growth following a series of weak economic …

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Mortgage rates fall for the third week in a row as big questions affect the housing market

Getty Images How much mortgage can we afford? Mortgage lending rates declined along with the broader bond market as the transformation of the real estate industry accelerated. The 30-year fixed-rate mortgage averaged 4.10% for the week ended May 9, Freddie Mac said Thursday. That fell 4bps during the week. The 15-year fixed-rate mortgage averaged 3.57% after 3.60%. The five-year Treasury …

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Uber and Lyft riders want to strike over pay rates this week

Ride-share operators Uber and Lyft are planning strikes in cities across the country over working conditions and pay as the company prepares to go public. On Wednesday, May 8, drivers in Chicago, Los Angeles, San Francisco and New York are planning to strike between 7:00 and 9:00 pm, a statement said. Motorists in New York coordinated the strike with the …

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Mortgage rates fall as an economist waves the white flag

iStockphoto A house in a suburb of San Diego Housing loan rates plummeted, another reminder of the "lower for longer" conditions that have weighed on financial markets since the 2008 financial crisis. The 30-year period Freddie Mac said on Thursday the fixed-rate mortgage averaged 4.14% in the 2nd week of May. That had dropped 6 basis points during the week. …

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