Economics ❯Finance

Interest Rates

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Mortgage Applications Surge 11% as Rates Drop to Lowest Level Since October

A six-week decline in mortgage rates to 6.67% has driven a sharp increase in both refinancing and home purchase applications.

Bank of Canada Cuts Interest Rate to 2.75% in Response to U.S. Tariffs

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Australia's Strong Job Growth Complicates Path for Further Interest Rate Cuts

Queensland Deputy Premier Declares Conflict of Interest Over Rail Project

Trump Pressures Fed to Cut Rates, Citing Energy Prices and Inflation Goals

Federal Reserve Faces Challenges from Rising Bond Yields and Trump Policy Uncertainty

30-Year Mortgage Rates Exceed 7%, Highlighting Housing Market Struggles

Federal Reserve Signals Potential for Multiple Interest Rate Cuts in 2025

US Mortgage Rates Hit 7.09%, Highest Level Since May 2024

CFPB Sues Capital One for Allegedly Deceiving Customers Over $2 Billion in Interest

Major U.S. Banks Poised for $31 Billion in Quarterly Profits

Germany Sees 11% Increase in Start-Up Foundings in 2024

Livret A Interest Rate to Drop to 2.5% Starting February 1

Mortgage Rates Decline Slightly After Recent Highs

Russian Central Bank Holds Interest Rate at 21%, Defying Expectations

Labor Pledges Three Days of Subsidised Childcare, Scrapping Activity Test

Canada’s Big Banks Report Mixed Fourth-Quarter Earnings

OECD Warns UK Budget Will Slow Rate Cuts and Prolong Inflation

US Jobless Claims Drop to 213,000, Defying Expectations

US Jobless Claims Hit Six-Month Low, Indicating Resilient Labor Market

Russia Faces Economic Strain as War Costs Surge

Mortgage Rates Climb as Housing Starts Decline Slightly

Bank of Canada Surveys Show Easing Inflation, Persistent Economic Concerns

US Manufacturing Contracts for Fifth Month as Orders and Production Decline

US Economy Shows Resilience with Lower Jobless Claims and Revised GDP Growth

Eurozone Inflation Declines, ECB Poised for Further Rate Cuts

US Business Equipment Spending Slows Despite Surge in Aircraft Orders

Japan's Core Inflation Rises for Third Consecutive Month in July

UK Consumer Confidence Wavers Despite Personal Finance Optimism

Bank of Korea Keeps Interest Rates Steady Amid Housing Market Concerns

Asian Markets Decline Following Wall Street's Halted Rally

UK Economy Sees 0.6% Growth in Second Quarter

Trump and Vance Push for Presidential Influence Over Federal Reserve

Central Banks on Edge as Inflation Data Looms in Europe and Australia

China Cuts Key Rates to Stimulate Economy Amid Record-Low Bank Margins

China Cuts Key Interest Rates to Stimulate Slowing Economy

Japan's Inflation Surges to 2.6%, Raising Prospect of BOJ Rate Hike

Oil Prices Steady Amid Mixed Economic Signals and Rate Cut Hopes

Oil Prices Climb on Robust Summer Demand and Supply Concerns

UK Economic Growth Stalls in April, Raising Election Stakes

High-Yield Savings and CD Rates Offer Lucrative Returns

UK House Prices Near Record Highs, Driven by Demand for Luxury Homes

Bank of Korea Maintains Interest Rate at 3.5% Amid Inflation Concerns