Jump to content
House Price Crash Forum
Sign in to follow this  
Realistbear

Data Points To Another U S Hike As Canadian Rates Soar

Recommended Posts

http://www.iii.co.uk/news/?type=afxnews&ar...&action=article

NEW YORK (AFX) --
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:

http://today.reuters.com/business/newsArti...NOMY-IMF-DC.XML

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.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 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%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.