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2 mins read
The Fed confirms that Americans will have to wait longer for interest rate cuts
The Federal Reserve held interest rates steady on Wednesday, pushing back any hopes of an interest …
Ayelet Sheffey
2 mins read
Europe's central bank cuts interest rates for first time in 5 years
The European Central Bank announced it would lower its benchmark interest rate from 4% to 3.75%, ma…
Theron Mohamed
3 mins read
India's retail inflation eases marginally in April; here's what experts have to say
India's retail inflation eased to 4.83 per cent in April, down from 4.85 per cent in March. However…
ANI
2 mins read
Home prices are falling at the fastest pace since 2022 as stubborn interest rates slash demand
Across the US, 6.4% of sellers issued a price cut in the month leading up to May 26, Redfin said in…
Jennifer Sor
3 mins read
With food inflation looming large, ‘shallow rate’ cuts expected only in Q3 FY25
The ongoing heatwave conditions, and projections of a harsher summer, are likely to impact India’s …
2 mins read
Jamie Dimon warns inflation and higher interest rates may linger — and people are running out of spare cash
JPMorgan CEO Jamie Dimon flagged threats including sticky inflation, government overspending, forei…
Theron Mohamed
5 mins read
Interest-rate cuts could be coming this fall, adding another wrinkle to an election set to focus on the economy
Inflation is cooling just in time for a US presidential election that will likely focus heavily on …
Dan DeFrancesco
1 min read
Interest rates still might not be high enough to quell inflation, Minneapolis Fed president says
Housing inflation prompts questions about how restrictive monetary policy actually is, Minneapolis …
Yuheng Zhan
5 mins read
Interest rates staying where they are is a forgone conclusion, but the Fed's decision day still matters
A September rate cut would come shortly before another major economic event: the US presidential el…
Dan DeFrancesco
3 mins read
Sorry, America, it's looking like higher interest rates are going to stick around longer
Still-elevated inflation and a job market that won't quit mean predictions for interest rate cuts i…
Ayelet Sheffey,Madison Hoff
2 mins read
Housing markets remain strong in 2024, sales rise 20% across six metro cities in Q1
India's major cities are experiencing a housing boom in 2024. Sales have gone up by 20% in the firs…
2 mins read
A $1.5 million house for sale comes with its own graveyard
The house, which is in Northamptonshire, England, is a former parish church that dates back in part…
Nathan Rennolds
4 mins read
Buckle up America: Powell says interest rates will likely stay higher for longer as inflation stubbornly refuses to come down
Fed Chair Jerome Powell said his confidence inflation will slow "is not as high as it was," meaning…
Ayelet Sheffey,Madison Hoff
2 mins read
The economy needs to take one of these 2 paths before the Fed cuts interest rates, Powell says
While Jerome Powell said interest-rate hikes were "unlikely," he needs more confidence in inflation…
Ayelet Sheffey
3 mins read
Trump's team wants to restructure the Fed and let him have a say on interest rate decisions: WSJ
The Wall Street Journal reported that Trump's advisors are making a plan that would give Trump the …
Ayelet Sheffey,Madison Hall
3 mins read
The one big thing keeping interest rates high
There are growing concerns that the Federal Reserve Bank will delay lower interest rates due to ris…
Cork Gaines
5 mins read
The odds of no interest-rate cuts in 2024 are growing
In today's big story, we're looking at the chances of there being no rate cuts this year, and how t…
Dan DeFrancesco
2 mins read
Why the Fed needs to cut interest rates to lower inflation, according to a JPMorgan strategist
"You're not going to see meaningful downward pressure on shelter costs until the Fed lowers interes…
Matthew Fox
2 mins read
The housing market may finally be thawing as mortgage rates and housing inventory improve
Mortgage rates and housing inventory are moving in opposite directions as March kicks off, suggesti…
Phil Rosen
3 mins read
The Austin housing market just won't quit. It's an example of what's happening nationwide despite high prices and interest rates.
Austin's surge in home sales is an example of what could be happening in other overpriced markets.