High interest rates catch up to economic growth as GDP slows dramatically to 1.6%
The nation’s economy slowed sharply last quarter to a 1.6% annual pace in the face of high interest rates, but ...
Tag: rates
A new reality of 7% mortgage rates could be setting in, top economist says
Mortgage rates surpassed 7% for the first time all year last week, according to Freddie Mac; daily readings are trending ...
What to expect from bank earnings as high interest rates pressure smaller players
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 7, 2024.Brendan ...
Weak yen may actually deter Bank of Japan from hiking rates soon
The yen's fresh slide to a 34-year low complicates the Bank of Japan's deliberations on the timing of a next ...
Fed’s Powell emphasizes need for more evidence that inflation is easing before cutting rates
Jerome Powell, chairman of the US Federal Reserve, during a Fed Listens event in Washington, DC, US, on Friday, March ...
Fed holds rates steady and maintains three cuts coming sometime this year
The Federal Reserve on Wednesday held interest rates steady as expected and signaled it still plans multiple cuts before the ...
Bank of England set to hold rates, but falling inflation brings cuts into view
The Bank of England in the City of London, after figures showed Britain's economy slipped into a recession at the ...
Here’s when the Fed is likely to start cutting interest rates, according to investment strategists
Federal Reserve Chairman Jerome Powell prepares to testify before the Senate Banking, Housing and Urban Affairs Committee on March, 7 ...
Longer term repo operations to help ease call rates: Report
Longer-term repo operations beyond 14-days especially when government cash balances are high could help call money rates converge closer to ...
Powell reinforces position that the Fed is not ready to start cutting interest rates
Federal Reserve Chair Jerome Powell on Wednesday reiterated that he expects interest rates to start coming down this year, but ...
