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KOSPI’s 35.8% Plunge from Peak Sparks ‘Zero-Loss Investment’ Trend Among Office Workers The KOSPI, which had risen to the 9,000-point level just over a month ago, has fallen to the 6,000-point range, sparking discussions among office workers about the term
Mortgage rates rose to their highest level in a year amid the re-escalating conflict with Iran and investors grew more worried about the Federal Reserve’s plans to tame inflation. The average 30-year mortgage rate rose 8 basis points to 6.66%
It had been just six weeks since Federal Reserve Chairman Kevin Warsh vowed to reestablish the central bank’s reputation as an inflation fighter. But as he took to the podium to explain why the Fed again sat on the fence
