The Fed and the European Central Bank will cut interest rates in September, Morgan Stanley says
US Federal Reserve Chairman Jerome Powell delivers remarks during a press conference following the announcement that the Federal Reserve left interest rates unchanged, in Washington, US, June 12, 2024. Evelyn…
The Federal Reserve's preferred inflation tracker shows prices cooling. This is the impact on the rates.
An inflation measure closely watched by the Federal Reserve slowed to its smallest annual increase in three years, prompting some Wall Street economists to predict a greater chance that the…
Housing affordability is deteriorating as prices and mortgage rates remain high
Home prices set another record in April, even as mortgage rates rose and the supply of homes for sale increased. Normally, prices would weaken under these conditions, but today's housing…
Demand for mortgages is leveling off, even as interest rates reach their lowest level since March
Demand for mortgages is leveling off, even as interest rates reach their lowest level since March, File photos: “For Sale” sign. Brandon Bell | Getty Images Consumers seemed unimpressed by…
The Bank of England plans to maintain interest rates despite inflation reaching its target
LONDON — Britain had some reason to celebrate Wednesday morning as headline inflation hit the Bank of England's 2% target for the first time in almost three years. But the…
Fitch pushes back on Chinese interest rate cut while Fed keeps interest rates stable
People walk past the headquarters of the People's Bank of China (PBOC), the central bank, in Beijing, China, September 28, 2018. Jason Lee | Reuters BEIJING – Credit rating agency…
The Bank of Japan plans to reduce purchases of Japanese government bonds and remains on top of interest rates
The Bank of Japan is largely expected to keep rates steady at the end of the two-day meeting ending June 14, 2024. Here, the Japanese flag flies high at the…
Why high interest rates make it difficult to tap into home equity
Cultura Rm Exclusive/twinpix | Image source | Getty Images Home values are almost at a record high. But tapping it could be difficult because of high interest rates, financial advisors…
The Federal Reserve now expects to cut rates just once in 2024, amid persistent inflation
The Federal Reserve left its benchmark interest rate unchanged on Wednesday, making just one rate cut in 2024, as policymakers wait for more evidence that U.S. inflation is seriously cooling.…
Asian stock markets live updates: Fed decision, EV rates
The Opera House's sails are illuminated with projections on the opening night of Vivid Sydney 2023 in Sydney, Australia, on Friday, May 26, 2023. Anadolu Agency | Anadolu Agency |…
