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3 key money moves to consider while the Fed keeps interest rates higher
Adapting your investment and savings strategies in response to sustained elevated interest rates can help optimize financial outcomes during the current economic climate.
Read Full Article →Bank of Korea lowers interest rates for the fourth time, flags more cuts ahead
The recent reduction in policy rates by the Bank of Korea reflects efforts to stimulate economic activity amid ongoing political challenges, signaling a potentially more accommodat...
Read Full Article →Goolsbee says Fed now has to wait longer before moving rates because of trade policy uncertainty
The Federal Reserve is expected to delay any adjustments to interest rates as ongoing uncertainties in trade policy create a more cautious environment for monetary decision-making.
Read Full Article →Mortgage demand drops after interest rates jump to the highest level since February
The recent increase in interest rates to their highest point since February has led to a decline in mortgage applications, impacting borrowing activity and potentially influencing...
Read Full Article →China cuts benchmark lending rates for the first time in 7 months in Beijing's growth push
The recent reduction in key interest rates by China’s central bank aims to lower borrowing costs, potentially stimulating investment and economic activity amid ongoing efforts to s...
Read Full Article →Fed's Powell cautions about higher long-term rates as 'supply shocks' provide policy challenges
Federal Reserve Chair Powell indicated that evolving economic conditions and supply disruptions may lead to increased long-term borrowing costs, presenting ongoing challenges for m...
Read Full Article →Mortgage demand from homebuyers continues to recover, even with higher interest rates
Despite increased borrowing costs, the rise in available properties has encouraged more potential buyers to seek home loans, indicating a gradual improvement in the housing market'...
Read Full Article →Fintechs that raked in profits from high interest rates now face a key test
Financial technology companies that previously benefited from increased income due to rising interest rates must now navigate challenges as those rates begin to drop significantly.
Read Full Article →Powell may have a hard time avoiding Trump's 'Too Late' label even as Fed chief does the right thing
The financial impact lies in the challenge faced by central bank leaders in timely adjusting interest rates, which can influence market stability and economic growth despite making...
Read Full Article →Federal Reserve holds interest rates steady: What that means for credit cards, auto loans, mortgages...
By maintaining current interest rates, the Federal Reserve influences borrowing costs across various loans and impacts savings account yields, affecting consumers' financial decisi...
Read Full Article →Here's what federal student loan interest rates may be in 2025-2026: higher education expert
The anticipated adjustment in federal student loan interest rates for the 2025-2026 period could impact the overall cost of borrowing for higher education students nationwide.
Read Full Article →Wobbling economy will push the Fed to cut interest rates later this year, CNBC survey finds
Many analysts anticipate that ongoing economic instability will lead the Federal Reserve to reduce interest rates during the remainder of this year and into the next, according to...
Read Full Article →Euro zone inflation unchanged at 2.2% in April, leaving path open for further ECB interest rate cuts
The consistency of inflation at 2.2% for April, contrary to economists’ expectations, may influence the European Central Bank's decisions regarding interest rate adjustments in the...
Read Full Article →Bank of Japan holds rates steady for second straight meeting as Trump tariffs threaten exports
The central bank's decision to maintain interest rates reflects a cautious approach, acknowledging potential economic challenges posed by external factors such as tariffs on export...
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