Treasury yields inch lower as investors await a flurry of economic data this week
U.S. Treasury yields ticked down on Monday as investors looked to a busy week ahead, with a flurry of economic data due including a key inflation...
Read MoreBank of Korea slashes rates to lowest since August 2022 on economic worries, cuts growth forecast
South Korea's central bank cut rates by 25 basis points Tuesday to their lowest since August 2022, as it strives to stimulate a slowing economy. The...
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New sub-4% mortgage hits market - but here's the catch
HSBC has launched a new five-year deal but not everyone will be able to take advantage of it. Here's what you need to know
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Energy bills up, interest rates down – what Reeves can do to ease the cost of living
The Chancellor has been left with very few levers to pull, with tax rises ruled out and the economy not providing the growth needed to buy some...
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It's time for the Fed to cut interest rates and bring relief to Americans who 'cannot afford to pay rent,' Elizabeth Warren says
Sen. Elizabeth Warren joined some of her colleagues in pushing for the Federal Reserve to cut interest rates. They cited the lack of housing...
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The average US homebuyer has gained $40,000 in buying power in the last 3 months as mortgage rates cool
Homebuyers have gained more purchasing power as mortgage rates have edged lower. A homebuyer with a $3,000 monthly housing budget can afford a...
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It's almost impossible for first-time buyers to afford a home, top analyst says
It's virtually impossible for first-time buyers to afford a home today, says Mark Zandi of Moody's. The surge in house prices and mortgage rates...
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ECB set to cut rates this week: Could Trump tariffs cloud outlook?
The ECB is expected to cut rates by 25bps to 2.75% on Thursday as inflation nears 2% and growth remains weak. Analysts see further cuts in 2025, but...
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Two-year mortgage rates to go below longer deals for first time since Truss was PM
The change in prices could cause a new financial dilemma for households, according to experts
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Famed economist Claudia Sahm shares 2 things to watch for at the Fed policy meeting this week — and why the central bank should start cutting rates soon despite a seemingly strong economy
Claudia Sahm says Jerome Powell will subtly indicate where monetary policy is headed in coming months. Sahm believes the Fed should start cutting...
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