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Data Points To Another U S Hike As Canadian Rates Soar

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The fed funds futures market was back to suggesting another interest rate hike was more likely than not,
as stronger-than-expected new home sales data cancelled out weak durable goods data. The July contract was now pricing in a 56% chance that the Federal Reserve will raise its target for overnight interest rates by 0.25 percentage points to 5.25% after the next policy setting meeting on June 30. The U.S. Commerce Department said sales of new homes rose 4.9% in April to 1.20 million units, vs. expectations of a decline to 1.15 million units.

The worldwide hiking frenzy is good news and very healthy for the world:


Global rate rises are healthy: IMF chief

Wed May 24, 2006 6:05 AM ET

By Liau Y-Sing

KUALA LUMPUR (Reuters) - Rises in global interest rates are healthy and policy makers and central banks need to keep a watchful eye on inflation, the chief of the International Monetary Fund said on Wednesday.

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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