Gold prices (GC=F) are expected to rise sharply in the second half of the year, surpassing the previous record of $2,480.25 (£1,918.31), according to analysts. The main factors influencing the price of gold in the second half of 2024 are said to be Federal Reserve interest rates, geopolitical risks and central bank bond purchases. “Gold […]
SALT LAKE CITY (KUTV) — Utah residents looking to buy a home may be in for some good news after Federal Reserve Chairman Jerome Powell hinted that interest rates could soon drop. This has sparked optimism among potential homebuyers and local economists alike. In Salt Lake City, where real estate prices are significantly higher than […]
photo: Justin Sullivan (Getty Images) Jerome Powell, Chairman of the Federal Reserve, said this morning The Inflation is on the way down again to a reasonable level – levels that would enable the reserve to Reduction in interest rates on overnight loans between banksThis change may have an impact everything from mortgages to credit cardsBut […]
One day before the Jackson Hole symposium, the Fed released the minutes of its last meeting of the Federal Open Market Committee. US interest rates unchanged at 5.25-5.5 percent. It said the “growth outlook for the second half of 2024 has been revised downwards largely due to weaker-than-expected labor market indicators.” However, the “overwhelming majority” […]
Saving money can be challenging, but a high interest rate can boost your savings. Many banks and credit unions are currently offering high returns thanks to the Federal Reserve’s continued high interest rates. The average savings interest rate has been rising steadily over the past two years. Here’s more about why banks have raised their […]
Many young adults today, including Generation Z and Millennials, struggle with the belief that homeownership is out of reach. This feeling is often fueled by misconceptions and outdated information about the real estate market. FOX 5 real estate expert John Adams visited Good Day to separate fact from fiction. The path to home ownership is […]
Many young adults today, including Generation Z and Millennials, struggle with the belief that homeownership is out of reach. This feeling is often fueled by misconceptions and outdated information about the real estate market. FOX 5 real estate expert John Adams visited Good Day to separate fact from fiction. The path to home ownership is […]
Last month, the Federal Reserve received the data it was looking for. Inflation cooled and unemployment rose – a sign that the labor market may be normalizing. The markets assume that the indicators will prompt the central bank to finally lower the key interest rate. The key question in the commercial real estate sector, however, […]
Stocks on Wall Street opened slightly lower on Tuesday after posting their longest rise this year, amid hopes that Jerome Powell will signal the Federal Reserve is ready for a deeper cut when it begins cutting interest rates. The S&P 500 (^GSPC) remained at the flat line after the benchmark index gained for eight days […]
kali9 / Getty Images When evaluating real estate market trends in the second half of 2024, it’s important to remember that home prices can fluctuate. According to the National Association of Realtors, the median existing home price across the country was $426,900 in June, up 4.1% from a year ago. Check out: I’m an economist […]
