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CNBC Daily Open: Global central banks are cutting rates — the Fed might not be as inclined
Many economies seem to be settling into a lower-rate environment. That’s in stark contrast with the Federal Reserve, which ...
Times-Standard3h
Average US rate on a 30-year mortgage falls to 6.89%, third straight weekly decline
The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a smidgen of relief for prospective ...
JD Supra7h
California and federal financial regulatory agencies issue statement on California wildfires to guide financial institutions
On January 14, the DFPI, in collaboration with the FDIC, the Fed, the NCUA and the OCC (collectively, the “agencies”) issued a joint ...
Boston Fed Maps Out Inflation Response to Trump Trade Tariffs
The 25% tariffs Trump was to impose on Mexico and Canada, joined with a 10% tariff on China, would have pushed up underlying ...
Bessent's Focus on 10-Year US Treasury Yield May Let Fed off the Hook
WASHINGTON (Reuters) - The Trump administration's emerging focus on long-term Treasury bond yields may show growing ...
Bank stocks pop after Fed releases ‘easier' 2025 stress test, plans to make exam more predictable
The stress test changes bolster the case made by Wall Street analysts that U.S. banks will face a friendlier regulatory ...
US weekly jobless claims edge up; worker productivity growth slows
The number of Americans filing new applications for unemployment benefits increased moderately last week, consistent with ...
How California’s unbanked population compares to the rest of the US
Where are Americans least likely to use a bank? Spokeo analyzed data from the FDIC to illustrate where banking is falling ...
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RMBS market ready to cope with Los Angeles wildfires
RMBS portfolios have limited exposure to loans in ZIP codes that were included in LA County's mandatory evacuation zones, ...
Auto industry bracing for further disruption in 2025, experts say
Analysts, experts and professionals from the industry spoke out about their concerns at the 31st Automotive Insights ...
Tariffs could have a chilling effect on home construction amid inventory crisis
New-home construction has been pointed to as a bright spot in an otherwise difficult housing market, but the prospect of ...
Daly Says Fed Can Take Its Time Reacting to Trump Policies
Federal Reserve Bank of San Francisco Mary Daly said the US economy was in a good position, and the central bank didn’t need to react quickly to policies introduced by the Trump administration.