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Big business signals to US Federal Reserve it’s either rate cuts or job cuts
When the Federal Reserve signals the likely path of monetary policy to investors this week, including an anticipated start to interest rate cuts in September, it can no longer be complacent about the labor market.Policymakers have for months pointed to th...
2 months ago
We get either 4 percent mortgage rates or a stable job market
The Federal Reserve’s interest rate cut last week has led many to wonder what it means for mortgage rates. The housing website Redfin noted that some would-be homebuyers aren’t aware that we’ve already seen a steep decline, while others are waiting for...
3 weeks ago