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Economy

Explained that in Angers the siege of innovative aircraft was developed by a new user

Business 19 September 2024 The French company Expliseat, specializing in the design and manufacture of innovative aircraft sieges, was launched a few days ago as a new user in Avrillé, with a five-year recruitment planned for next month. The user…

Economist with half a percentage point forecast expects further significant interest rate cut in November

The Federal Reserve is probably not done with its massive rate cuts and could make another one in November, said Michael Feroli, an economist at JPMorgan Chase, who correctly predicted the central bank’s move on Wednesday. At its highly anticipated…

US Treasury bonds: Investors digest the Fed’s massive interest rate cut

U.S. Treasury yields rose on Thursday as investors digested the Federal Reserve’s decision to cut interest rates by 50 basis points on Wednesday. At 2:49 a.m. ET, the yield on 10-year government bonds rose by over one basis point to…

The Fed is cutting interest rates. Is it time to buy a home in the Bay Area?

The news many potential homebuyers have been waiting for is finally here: the Federal Reserve is cutting interest rates. Does that mean Bay Area home hunters should turn to Zillow in hopes of finding a cheap mortgage loan? Not yet,…

Why do share prices fall after an interest rate cut? This is what the experts think

The Federal Reserve gave investors exactly what they said They wanted to cut interest rates by a whopping 50 basis points on Wednesday – but that was still not enough. After a brief rise after the initial announcement, stock prices…

Lower mortgage rates are coming

So the Federal Reserve just cut its benchmark interest rate by 50 basis points. But what does that mean for us poor souls stuck in a real estate world that feels like purgatory? It’s pretty complicated, but what you need…

Fed cuts key interest rate by half a percentage point

WASHINGTON – The U.S. Federal Reserve on Wednesday decided on its first interest rate cut since the beginning of the Covid pandemic, lowering the key interest rate by half a percentage point to prevent a slowdown in the labor market….

Boeing furloughs “large number” of its employees in wake of strike

Workers with strike signs outside the Boeing Co. manufacturing facility during a strike in Everett, Washington, U.S., on Friday, Sept. 13, 2024. M. Scott Brauer | Bloomberg | Boeing will furlough a “large number” of senior executives, managers and other…

Traders wait for interest rate cut in September

Here you can see the development of consumer interest rates as the markets expect a rate cut by the Fed The Federal Reserve is expected to make its first interest rate cut on Wednesday after more than two years of…

Mortgage rates fall to two-year low ahead of expected Fed rate cut

September 18, 2024, 7:47 a.m. CDT In anticipation of a rate cut by the U.S. Federal Reserve, mortgage rates in the U.S. fell to their lowest level since September 2022 last week, triggering a flood of home purchase and refinancing…