A key member of the US central bank, Raphael Bostic, tells the BBC rates might only ease "at the end of 2024".
When the Fed starts cutting interest rates, retirees could see lower yields on fixed-income assets. Social Security’s finances could be impacted, too.
While increased interest rates are improving the returns on high-yield savings accounts, that may not be an effective place to park your money for the long term.
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.
High interest rates have created strong headwinds for the global energy transition, according to a new report by Wood Mackenzie.
The number of mortgage applications, including refinancings and additions, increased by 16 percent in the first quarter of 2024 compared to the same quarter last year. Applications for the purchase of a home increased by 19 percent, De Hypotheker reported on Wednesday. Half of these applications were from young home buyers under the age of 35.
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Mortgage interest rates have fallen across a range of products in recent weeks
The results from JPMorgan, Wells Fargo, and Citigroup mark the start of earnings season for America's banks as investors watch for signs of how high interest rates are affecting lenders.
Rate cuts may not begin this year, some experts said.
Inflation in the eurozone is fast approaching the two per cent target. 'Flash' figures out earlier this month showed that inflation fell to 2.4 per cent in March, below market expectations.
The Capitalist Pig Jonathan Hoenig joins the Steve Cochran Show to discuss the future of cryptocurrency, how politicians are negatively affecting the economy, and whether inflation & interest rates will always remain elevated. https://omny.fm/shows/pinch-hitters/will-americas-inflation-and-i