rates

The Japanese Government is taking peculiar measures to boost the dwindling national birth rate. It is set to launch a ‘dating app’ called…

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The housing crisis continues to make home ownership a pipe dream for thousands of Americans vying to purchase property as mortgage rates rise. At the beginning of the year it seemed like the conditions may have been looking up, or at…

Analysts eagerly await the day Jerome Powell announces rate cuts, but JPMorgan CEO Jamie Dimon fears Wall Street could face a nasty shock instead. Dimon is concerned that the Fed may raise rates even higher than their current…

An economist we spoke with on Thursday talked about the “trifecta” of bad news on the housing market that came out this week: Sales of new homes fell 4.7% in April from March. Sales of existing homes dropped by…

NEW YORK (AP) — In the latest example of how good news for the economy can be bad for Wall Street, most U.S. stocks slumped Thursday after strong economic reports raised the possibility of…

Turkey’s central bank kept interest rates unchanged at 50% on Thursday for the second month in a row, as expected. The Bank said in a statement: "The effects of monetary tightening on credit conditions and domestic…

Two percent inflation is more than just the Federal Reserve’s goal, one could argue, as it works to wrestle down pandemic-related price increases that have plagued U.S. households over the past three years.It’s the Fed’s holy grail. Its…

An economist offered an explanation for a paradox that has emerged in recent data showing that spending has remained robust even as consumers report feeling pessimistic. Joanne Hsu, who is the director of the University of Michigan’s…

(Kitco News) – With the Federal Reserve signaling at their May meeting that they fully intend to keep interest rates at highs not seen in over 20 years until stubborn inflation levels show sustained improvement, market participants have…