economic uncertainty
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Articles tagged with #economic uncertainty
Latest articles tagged with #economic uncertainty, sorted from newest to oldest.
2 min read
Mortgage Rates Move Back Above 6.5%
The latest data from Mortgage News Daily reveals that mortgage rates have moved back above 6.5%, a significant increase from the previous week. This surge in rates is attributed to the ongoing economic uncertainty, including rising inflation and a strong labor market. As a result, homebuyers and ref...
3 min read
Stock Market Today: Dow, Sp 500, Nasdaq Losses Accelerate After Fed Decision as Powell Touts Inflation Worries
The US stock market witnessed a sharp decline on Wednesday, with major indices recording their worst losses in recent weeks. The Dow Jones Industrial Average plummeted 1.4%, the S&P 500 fell 1.7%, and the Nasdaq Composite dropped 2.1%. The sell-off was triggered by the Federal Reserve's decision to ...