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Retail Sales, Fed
Will Tuesday's Retail Sales Data Affect the Fed's Decision?
Key Takeaways Retail sales increased by 0.1% in August, bucking economist projections of a decline but slowing down from July’s pace.The sales report is the last major release before the Federal Reserve's policy-setting committee makes an interest rate decision on Wednesday.
Fed's long-awaited rate cut raises hopes for home, auto sales
The half-point reduction is expected to kick off a series of reductions extending into 2025, providing relief for prospective car and home buyers.
Fed Rate Cut Could Speed Up Some Annuity Sales
The cut sets the federal funds rate target range at 4.75% to 5%. The effect could be especially good for variable and indexed annuities, because many consumers now hold contracts issued when interest rates were very low, he said.
4d
on MSN
August Retail Sales Beat. Why It Won’t Be a ‘Game Changer’ for the Fed.
Spending rose at a faster clip than expected in August as American consumers once again proved their hardiness against ...
2d
on MSN
Home sales slumped to lowest August level since 2010. But they’re poised to soar after the Fed finally cut interest rates
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
Yahoo
3d
How the Fed’s rate cut could impact mortgage rates and home sales
Jake Mintz and Jordan Shusterman talk about the current postseason picture in both the AL and NL, they draft the best playoff ...
WRAL
2d
Home sales slumped in August. But they’re poised to soar after the Fed finally cut interest rates
Washington (CNN) —
Sales
of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month. But much more housing demand will likely be unleashed ...
1d
Fed blackout period will lift with Waller's CNBC appearance on Friday
The U.S Federal Reserve's blackout period on public comment around meetings of the central bank lifts on Friday after a key ...
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