Topic: U.S. Federal Reserve
European equities stumble on profit-taking
AFP Global Edition
Europe's main stock markets stumbled on Thursday as investors took profits and digested economic data including a larger-than-expected eurozone trade deficit, dealers said. In late morning European trade, London's benchmark FTSE 100 index gained just 0.08 percent to 5,649.25 points, while the Paris CAC 40 ...
Mortgage rates still below 5 percent
AP News
Rates on 30-year mortgages edge up, but remain below 5 percent as Fed prepares exitMortgage rates held below the 5 percent threshold for the third straight week as the Federal Reserve prepares to end a program that has kept rates at or near record lows. The average rate on a ...
February consumer prices flat on lower energy costs
Reuters US Online Report Business News
WASHINGTON (Reuters) - Consumer prices were unexpectedly unchanged in February as a drop in energy costs was offset by higher food and medical care costs, a government report showed on Thursday, backing up the Federal Reserve's commitment to ultra low interest rates. The Labor Department said its seasonally adjusted Consumer ...
US consumer prices flat in February
AFP American Edition
US consumer prices were flat in February, restrained by lower fuel prices, the government said Thursday. The consumer price index, a measure of the average change in prices of goods and services purchased by households, was unchanged from 0.2 percent in January, the Labor Department said. Most analysts had ...
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