The Federal Reserve cut its key interest rate by a significant half point on Wednesday, continuing its first rate cut in four years. As a result, the value of the dollar abroad decreased slightly. However, if you are planning to go abroad soon, you do not need to run to the nearest exchange office. Because the rate cut has long been predicted, it is largely priced into the value of the dollar in...
Second-hand home sales in the USA hit their lowest level since 1995 last year, due to the impact of rising mortgage (home loan) interest rates and low housing stock. The National Association of Realtors (NAR) announced second-hand home sales data for December 2023. Accordingly, second-hand house sales in the country decreased by 1 percent on a monthly basis, seasonally adjusted, to 3.78 million in...
