The central bank said that economic activity had continued to expand ‘at a solid pace’ but there had been a ‘lack of further progress’ towards its inflation objective
HKMA reiterated its warning for Hong Kong’s borrowers to “carefully assess” their financial power in considering buying property or taking on mortgages, as high interest rates “may last some time.”
Since the start of the year, central bankers' best hopes to take pressure
Interest rate cuts are still “some way off”, the Bank of England’s chief economist has warned, as hopes for rapidly falling borrowing costs around the world fade.]]>
Asian markets mirrored Wall Street's positive momentum, while oil prices rebounded and gold hovered near a one-week low. Bitcoin remained steady despite so-called halving. Investors eagerly awaited Global PMI data and Tesla's earnings report for market direction.
The economic outlook for 2024 is taking an unexpected turn as economists at Macquarie have revised their predictions for interest rates, now suggesting a potential hike. read more
We need to convince young people to have more kids. One way to do that might be to stop feeding their victimhood complex.
The Federal Reserve held interest rates steady Wednesday, as inflation remained stubbornly above the Fed's 2% target. Investors now think it could be September or later before rates start to fall.
Canadian investors and borrowers are on the edge of their seats as they
The Federal Reserve is once again in a tough spot, as inflation remains
As the Fed's policy-setting committee gathers for a two-day meeting
Stacker compiled a list of counties with the highest rates of high blood pressure in Idaho using data from the Centers for Disease Control and Prevention.