The Judo Bank is now forecasting the Reserve Bank will raise interest rates three times in 2024. This would see borrowers paying the highest rates in almost 16 years.
Judo Bank now predicts the Reserve Bank will raise interest rates three times in 2024 to levels not seen in 16 years - increasing the average mortgage repayment by $300 a month.The bank's chief economic adviser, Warren Hogan, forecast the key interest rate will rise to 5.1 percent by Christmas, from a 12-year high of 4.35 percent. Rate hikes in August, September and November this year would see the Reserve Bank of Australia's key interest rate reach levels last seen in December 2008 during the...
Federal Reserve Vice Chair Philip Jefferson suggested Tuesday that the central bank’s key rate may have to remain at its peak for a while to bring down persistently elevated inflation. In a speech, Jefferson said he expects inflation to continue to slow this year. But he omitted a reference to the likelihood of future rate […]
A key member of the US central bank, Raphael Bostic, tells the BBC rates might only ease "at the end of 2024".
Dana White revealed Conor McGregor's long-awaited return to the Octagon. The Irishman has been out of action since his clash with Dustin Poirier in 2021
Ever since mortgage interest rates jumped in 2022, some Californians have had a strategy: Buy now and, once rates drop, refinance to save hundreds of dollars each month. The idea — pushed by some real estate agents — was supposed to be a trade-off. The buyer could pick up a home in a slower market, and though interest costs would be high, they wouldn’t stay that way. The strategy may still work, but so far, high borrowing costs are here to stay. In recent weeks, rates have climbed higher,...
The path for the Bank of England to cut interest rate cuts looks increasingly uncertain, particularly as the US Federal Reserve looks set to wait a while longer before loosening policy.
Mortgage interest rates have fallen across a range of products in recent weeks
The red hot favorite coming into the year's first major, Scheffler leaves Augusta National as the planet's undisputed best with three titles and a runner-up finish in his last four starts.
Federal Reserve Bank of New York President John Williams said the central bank will likely start lowering interest rates this year if inflation continues to gradually come down.
In the latest TV ratings, CBS’ Young Sheldon was Thursday’s most watched program, while ABC‘s coverage of the NFL Draft (Round 1) dominated in the coveted-and-delicious 18-49 demo. CBS | Young Sheldon (with 6.9 million total viewers and a 0.4 rating) was down a tick in both measures. Ghosts (6.1 mil/0.5) and the recently cancelled […]
Electric vehicle registrations rose in recent years despite interest rates also rising. Experts caution Canada's transition to EVs could still be challenging.