May 13, 2024
Home New York Fed
Investors

US dollar modestly firmer after strong data, Fed comments

  • April 18, 2024

By Gertrude Chavez-Dreyfuss and Amanda Cooper NEW YORK/LONDON (Reuters) – The dollar drifted higher on Thursday as a mixed batch of U.S. data did little to shake views that the economy is still on solid ground, suggesting the Federal Reserve will likely delay the timing of its first rate cut since 2020 to later this

Read More
Loans

More Americans tried for mortgage loans in February, NY Fed report finds

  • March 18, 2024

By Michael S. Derby (Reuters) – Americans applied for mortgage credit in greater numbers over recent months even as they faced greater headwinds in getting those loans, new data from the Federal Reserve Bank of New York released Monday said. The bank’s report said that the overall application rate for credit increased to 43.4% in

Read More