Tag: Interest rates

Federal Reserve Chairman Jerome Powell made it clear during a recent Senate committee hearing that there are no immediate plans to cut borrowing costs, citing a robust job market and ongoing inflation as reasons...

The Bank of England recently made a significant announcement that has caught the attention of investors, economists, and the general public alike. In a move that surprised many, the central bank decided to cut...

US inflation progress has hit a roadblock in October, with the core consumer price index likely remaining stagnant compared to the previous month. Economists predict that the last leg of the journey towards the...

UK borrowing costs have surged to their highest level since the last general election, as investors brace for the upcoming budget announcement by Chancellor Rachel Reeves. The yield on 10-year UK government bonds rose...

Consumer Confidence Report Causes 2-Year Treasury Yield to DecreaseOn Tuesday, the 2-year U.S. Treasury yield saw a slight decrease as investors analyzed a consumer confidence report that fell below expectations. The yield on the...

Weekly Mortgage Demand Surges as Interest Rates Hit Two-Year LowIn a surprising turn of events, mortgage rates plummeted last week, leading to a significant increase in mortgage demand, particularly for refinancing. The anticipation of...

US Core CPI Forecast: Goldman Sachs Predicts July Numbers Below EstimatesThe upcoming release of the US CPI report on Wednesday is eagerly anticipated by market participants as it will provide valuable insight into the...