Rates will rise as housing activity varies wildly by city

The futures market tracking FOMC rate decisions on the Chicago Mercantile Exchange thinks it’s a foregone (90.7 percent) conclusion that the FOMC will raise rates by 25 basis points. While there is no direct connection to mortgage rates, it often influences the direction. In fact, some ex-Fed experts suggest there is a growing chance of a 50 basis point jump. (More)

Wall St Week Ahead Investors focus on rate path, AI slowdown after Fed hike

US stock investors will focus next week on the trajectory of interest rates, tensions in the Middle East and fresh calls to slow AI advancement as they weigh whether equity indexes can make new all-time highs. 

Markets will ​continue to digest Wednesday's decision by the Federal Reserve to hike interest rates for the first time in three years, in an effort to tamp down above-target ‌inflation.

(More)