As the Fed's policy-setting committee gathers for a two-day meeting
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,...
Federal Reserve policymakers have been obsessed with when they may safely lower interest rates to avoid a recession without impeding the path to 2% inflation.
Since the start of the year, central bankers' best hopes to take pressure
Compared to the Japanese yen, the dollar has strengthened by almost 16% this year. Japan and South Korea aren’t happy about the currency gap.
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.]]>
Rising interest rates in the past couple of years had a chilling effect on Silicon Valley, but Stripe co-founder John Collison said it was healthy.
A key member of the US central bank, Raphael Bostic, tells the BBC rates might only ease "at the end of 2024".
Lovely Runner, Episode 4 continues to pull in viewers as international audiences rate the K-drama with unheard of high ratings. Not a surprise tho, as it's really that good.
Britain’s FTSE 100 index reached a record high of 8,076 points early on Tuesday April 23 as hopes grew of cuts in the interest rate. This overtook the previous day’s 8,023 and outstripped February 20023’s record 8,0476 points. The City was counting on two interest rate reductions this year, with the first announced in August after […]
When analysing the outlook for equities, it can be useful to consider the assumptions financial markets appear to be pricing in. Historically we have found that opportunities and risks are most present when the market is pricing in bearish or bullish outcomes respectively that probabilistically are
rewrite this content and keep HTML tags The 2024 federal budget announced on April 16 included plans to introduce “halal mortgages” as a way to increase access to home