All-time high price of wheat flour pushed weekly inflation in Pakistan up 1.80 per cent week-on-week and 46.65 per cent year-on-year during the seven-day period that ended on March 23, pointing to even tougher times ahead in the country, Geo News reported.
january home sales increased for both new home sales and the pending contracts because mortgage rates had gone down back to over 6%. now, in march, mortgage rates are climbing again, which is now leading to buyers stepping back again. so it s all about the movements in mortgage rates in determining this crucial spring home buying season. much of the transactions are occurring in the spring. we have to see where the mortgage rate will settle. and right now it s about 6.65%. i am sure a lot of people who might want to buy a home in the spring and summer are wondering how high could the mortgage rate go? mortgage rate topped out at 7% last november. they tried to stop u touch the 7% again. by year end, i think the mortgage rate will be closer to 6% for the simple reason the overall consumer price inflation, what the federal reserve is closely monitoring, i think it will begin to come down
fed official say it is likely interest hikes could stay at 25 basis points rather than something bigger. all three indices are on the way to a positive week. and citigroup announcing that it will cut hundreds of jobs across several divisions and mortgage rates climbing for the fourth week in a row. 6.65%. and gas prices rose two pennies, $3.37 a gallon. tesla announcing plans to expand production and build a new plant in mexico. but shares fell nearly 6% after elon musk failed to offer details on a new generation of products during investor day on wednesday. and who was watching that investor day? dan ives. they had a terrible last year. what is happening for tesla investors some. 2022 is harsh really because of the musk/twitter situation, a that was a huge overhang in the
yes. so, why hasn t the president moved to make this happen. white house press secretary jen psaki told john berman on cnn s new day the following. what he does not want to do is topple the global markets or the global marketplace or impact the american people more with higher energy and gas prices. but the prices are already surging. according to aaa the national average for a gallon of gas $3.92. that s up 37 cents since the invasion. and the price could soon match or surpass the tloord was set in 2008 during the financial crisis, that was $4.11. in los angeles, it s been spotted as high as $6.65. if the u.s. does stop importing oil from russia that supply deficit must be made up somewhere. and republicans and democrats have different opinions about that. democratic senator ed markey s bill to cut off russian oil