October 3, 2023
by Calculated Risk on 9/27/2023 08:23:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Thursday:• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for 206 thousand initial claims, up from 201 thousand last week. • Also at 8:30 AM, Gross Domestic Product,
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WASHINGTON, D.C.: The US Federal Reserve (Fed) voted Wednesday to hold interest rates at a 22-year high while predicting that lending rates would need to remain higher for longer to definitively cool inflation. “We are prepared to raise rates further, if appropriate, and we intend to hold policy at a restrictive level until we’re confident
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by Calculated Risk on 9/20/2023 08:36:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Thursday:• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for 224 thousand initial claims, up from 220 thousand last week. • At 8:30 AM, the Philly Fed manufacturing
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The Federal Reserve’s Federal Open Market Committee (FOMC) voted to hold its federal funds rate target range at 5.25 to 5.50 percent on Wednesday. However, FOMC members also signaled that another rate hike is likely in the fourth quarter of this year. In the latest Summary of Economic Projections, twelve of nineteen FOMC members projected
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Receive free US interest rates updates We’ll send you a myFT Daily Digest email rounding up the latest US interest rates news every morning. Remember when everyone expected a Fed pivot? Times were simpler then. So much for the idea of a dovish surprise blowing out leveraged traders’ positions!* Who cares about economic potholes in
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WASHINGTON: The US Federal Reserve is widely expected to hold interest rates steady on Wednesday after a summer of mixed economic data while leaving the door open to another hike if needed. The Fed has raised interest rates 11 times over the last 18 months, lifting its key lending rate to a level not seen
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Receive free Global Economy updates We’ll send you a myFT Daily Digest email rounding up the latest Global Economy news every morning. This article is an on-site version of our The Week Ahead newsletter. Sign up here to get the newsletter sent straight to your inbox every Sunday Hello and welcome to the working week.
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