Tag: Rates
Central bank holds rates steady, maintains three cuts coming
The Federal Reserve kept interest rates steady on Wednesday as expected and signaled that it continues to plan multiple rate cuts through the...
Fed Set to Keep Rates Steady, Hint at Future Cuts
The Federal Reserve is expected to keep its key interest rate steady on Wednesday, but American households will be watching for clues as...
Japan Raises Interest Rates for First Time in 17 Years
The Japanese central bank raised interest rates on Tuesday for the first time since 2007, taking them above zero. It closes a...
Closing Costs for Buying a Home Have Risen Along With Rates
Real estate agents and lenders typically suggest loan processing providers and insurance agents they are familiar with, but borrowers do not have to...
Here’s when the Fed may start cutting rates, investment strategists say
Federal Reserve Chairman Jerome Powell prepares to testify before the Senate Banking, Housing and Urban Affairs Committee on March 7, 2024. Kent Nishimura...
Powell says Fed is ‘not far’ from the point of cutting...
Federal Reserve Chairman Jerome Powell testifies during the Senate Committee on Banking, Housing and Urban Affairs hearing entitled "The Semiannual Monetary Policy Report...
European Central Bank holds interest rates, cuts inflation and growth forecasts
European Central Bank policymakers cut their annual inflation and growth forecasts on Thursday as they confirmed a broadly expected hold on interest rates.Expert...
Egypt hikes interest rates by 600 basis points, pound crumbles to...
Yousef Gamal El-Din | CNBCThe Egyptian pound fell to a record low against the dollar on Wednesday after the central bank raised...
Powell reinforces position that the Fed is not ready to start...
Federal Reserve Chairman Jerome Powell reiterated on Wednesday that he expects interest rates to fall this year, but cannot yet say when.In prepared...
High Mortgage Rates Leave Biden Searching for Housing Relief
Concerned that increased mortgage rates and housing costs are hurting Americans and hindering his re-election, President Biden and his economic team are looking...
