
Barkin is speaking in a 'fireside chat' and I'll update his comments as they cross.
- Inflation is down but we can't declare victory
- Sees risk that lower rates boost housing demand
Barkin is speaking in a 'fireside chat' and I'll update his comments as they cross.
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Bond traders eye US inflation data; Fed rate cut bets at risk. Yields dip on soft jobs, but CPI could spark volatility.
S&P 500 futures climb as traders eye August CPI data. Oracle soars, pushing Nasdaq to new highs. Inflation watch is on!
ECB holds rates at 2% as inflation cools to 2.1%. Focus shifts to France's fiscal crisis & potential ECB intervention.
BTC surges past $114K, ETH to $4.4K, XRP breaks $3, DOGE up 5% on cooling inflation & Fed rate cut hopes.
Mortgage rates tick up: 30-yr fixed at 6.24%, 15-yr at 5.46%. Bond yields down, expect rates to fall. Shop lenders for best rates!
HELOC rates hover 8-9%, with intro rates as low as 6.49%. Homeowners tap $34T equity, but beware variable rate hikes post-intro.
China's CSI 300 jumps 2.3%, led by AI chip stocks like Hygon (+20%) and Cambricon (+9%). Retail sentiment strong.
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