GBP/USD forecast as Fed interest rate cut hopes rise
Sunday, 4 August 2024 () The GBP/USD exchange rate was in the spotlight last week as the Bank of England (BoE) and Federal Reserve (Fed) delivered their interest rate decisions and as the US published important economic data. After falling to 1.2708, the pair bounced back to 1.2800. Bank of England rate cuts The Bank of England decided to slash […]
Mortgage Rates Continue , to Fall, Raising Hopes of the , Fed Cutting Rates.
ABC reports that borrowing costs for
home loans continued to ease this week,
with the average rate on a 30-year..
Credit: Wibbitz Top Stories Duration: 01:31Published
Fed Holds Steady , With Interest Rates at , 2-Decade High.
On June 12, the Federal Reserve chose to hold
interest rates at a two-decade high while it
waits to see more signs of inflation going..
Credit: Wibbitz Top Stories Duration: 01:31Published
European Central Bank , Cuts Interest Rates.
The action was confirmed on June 6 at
the central bank's meeting, CNBC reports. .
The European Central Bank's (ECB) key
rate will go from 4% down to..
Credit: Wibbitz Top Stories Duration: 01:31Published