Federal Reserve Chair Powell deems it premature to discuss cutting rates and suggests the possibility of more hikes.

Federal Reserve Board Chairman Jerome Powell, in a speech at Spelman College in Atlanta, dismissed market expectations for aggressive interest rate cuts as premature. Powell emphasized that the Federal Open Market Committee intends to keep policy restrictive until inflation is solidly back to 2%. He also stated that they are prepared to tighten policy further…

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: Conservative investors should consider exploring options beyond high-yield savings accounts

Investors who are cautious and are sticking with cash may want to consider alternative options. According to Matthew Bartolini, the managing director and research head of SPDR Exchange Traded Funds, active management can provide stability and income, as well as create more opportunities for upside. Bartolini shared these insights with CNBC’s “ETF Edge” this week,…

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Mortgage applications rise to the highest level in six weeks amid continued decline in interest rates

Mortgage Demand Rebounds as Interest Rates Slide In a sign that the housing market may be starting to pick up some momentum, mortgage demand rose last week as interest rates continued to decline. According to the Mortgage Bankers Association’s seasonally adjusted index, total application volume increased by 3% from the previous week. The average contract…

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