Fed Hikes Still in Play on Strong Economy, Pimco’s Clarida Warns

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US economic growth accelerated to strong 4.9% rate last quarter as consumers shrugged off Fed hikesWASHINGTON (AP) — The nation’s economy expanded at a robust 4.9% annual rate from July through September as Americans defied higher prices, rising interest rates and widespread forecasts of a recession to spend at a brisk pace.
Source: SooToday - 🏆 8. / 85 Read more »

Rates hikes weighed on real estate market that was 'already down': TDHigher Bank of Canada interest rates have put downward pressure on Canada’s real estate market since the summer, following a brief spring rebound, according a new report from TD Economics.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Traders boost bets Fed will keep rates on hold this yearFutures that settle to the Fed's policy rate in December showed traders now see about a 25% chance the Fed will raise its benchmark short-term interest rate ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »