US home sales decline below forecast

Note: This section contains information in English only.
Source: Dukascopy Bank SA
In August, US already existing home sales had declined less than expected. The markets expected 4.87 million homes to be sold. However, the actual number came in at 4.81 million. In July, 5.12 million homes were sold.
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Wed, 21 Sep 2022 19:04:12 GMT

US Federal Reserve hikes Federal Funds Rate by 0.75%

The market consensus was that the US Federal Reserve would hike its base interest rate from 2.50% up to 3.25%. At exactly 18:00 GMT the rate was hiked as expected by 0.75%.

Thu, 22 Sep 2022 12:30:07 GMT

US mortgage rates reach record high

Average US mortgage rates have reached the highest level since October 2008, as the interest rates have reached the 6.25% level.

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