Federal Reserve – Page 35 – One America News Network

A "sold" sign is seen outside of a recently purchased home in Washington, U.S., July 7, 2022. REUTERS/Sarah Silbiger/File Photo

US new home sales fall more than expected in October

Sales of new U.S. single-family homes fell more than expected in October, likely as higher mortgage rates reduced affordability.

Signage for a job fair is seen on 5th Avenue after the release of the jobs report in Manhattan, New York City, U.S., September 3, 2021. REUTERS/Andrew Kelly/File Photo

US weekly jobless claims fall; business spending on equipment softening

Weekly jobless claims fell more than expected, but the U.S. labor market slowdown, driven by higher interest rates and economic concerns, continues to worry big money managers.

Signage is seen at the New York Stock Exchange (NYSE) in Manhattan, New York City

Big investors say US markets rally could prove short-lived

The recent rally that has lifted U.S. stocks and bonds is more of a year-end rebound than a turning point, according to big money managers.

A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 27, 2023. REUTERS/Brendan McDermid/File Photo

S&P 500 to see small gain in 2024 as US economic risks rise – Reuters poll

The S&P 500 will end next year only about 3% higher than its current level, with a possible U.S. economic slowdown or recession among the biggest risks for the market in 2024.

MIAMI BEACH, FLORIDA - DECEMBER 06: An 'Apartments for Rent' sign hangs in front of a building on December 06, 2022 in Miami Beach, Florida. Reports indicate that apartment rents across the country dropped in November by the most in at least five years. National index of rents fell by 1%, the third straight month-over-month decline. (Photo by Joe Raedle/Getty Images)

Report: Rent Prices Decreased In October For 2 Months In A Row

Reports show that nationwide rent prices decreased in October, signifying that the rental market is mellowing since the Federal Reserve has carried interest rates at its highest point in years.

Federal Reserve Board Chairman Jerome Powell delivers remarks at a news conference following a Federal Open Market Committee meeting on May 3, 2023 in Washington, DC. The Federal Reserve announced a 0.25 percentage point interest rate increase bringing the key federal funds rate to more than 5%, a 16-year high. (Photo by Anna Moneymaker/Getty Images) (Photo by Anna Moneymaker/Getty Images)

Federal Reserve Holds Interest Rates Steady for Second Consecutive Time

The Federal Reserve decided to pause interest rate hikes for the second time in a row, keeping the federal funds rate within a range of 5.25% to 5.5%.