The index of U.S. leading indicators climbed in July by the most in three months, signaling improvements in housing and labor markets will help foster faster economic growth through year-end. The Conference Board’s gauge of the outlook for the next three to six months increased 0.6 percent after no change in June, the New York-based...
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Daily Market Review-21st August 2013
According to Freddie Mac, Mortgage rates have jumped from near-record lows in May to 4.4 percent last week on 30-year fixed loans, amid anticipation that the Fed will slow its purchases of securities backed by real estate later this year. The central bank probably will announce a reduction on Sept. 18, according to a report...
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