Tag: basis points
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Stock Rotation Is Back on Bets Fed Will ‘Go Big’: Markets Wrap
(Bloomberg) -- Wall Street traders revived prospects for a half-point Federal Reserve rate cut next week, spurring a rotation into stocks that would benefit...
Traders revive chance of half-point Fed cut with just days to go
(Bloomberg) — Traders are entertaining the prospect of a large Federal Reserve interest-rate cut once again, spurring a rally in US government bonds and...
What a bigger-than-expected Fed rate cut would mean for the stock market
After a hotter-than-expected inflation reading on Wednesday, markets have quickly moved to price in a higher likelihood that the Federal Reserve will opt for...
The latest inflation report keeps the Fed on track for a quarter-point rate cut. Wall Street isn’t satisfied.
A fresh reading on consumer prices is likely to keep the Federal Reserve on track to cut interest rates next Wednesday by a quarter...
US 30-Year Mortgage Rate Slides to Lowest Since February 2023
(Bloomberg) -- US mortgage rates slid last week to the lowest level since February 2023, emboldening homebuyers and spurring a pickup in refinancing applications...