Rates
New Home Sales Drop To Lowest In Five Months As Interest Rates Rise
Sales of newly constructed homes in the U.S. fell to the lowest level since March as prices stayed elevated and buyers are discouraged by high mortgage rates.Sales of new...
Central Banks In No Rush To Cut Interest Rates
Investors were hoping to hear central banks finally signal this week that they were close to being done raising interest rates in their battle against inflation.Instead, policymakers indicated that...
Two Fed Officials Suggest Interest Rates Will Rise Again
AFP In their first comments since the Federal Reserve Bank decided to keep the U.S. key interest rate unchanged this week, officials from the bank signaled that the hiking...
US Interest Rates In ‘Good Place,’ For Now: Fed Officials
High US interest rates are doing their job in the fight against inflation, but more hikes may yet be needed, senior US Federal Reserve officials said Thursday.The comments from...
Powell Says US Fed Could ‘Raise Rates Further,’ But Urges Caution
The Fed recently raised its benchmark lending rate to its highest level for more than 20 years AFP The US Federal Reserve is prepared to raise interest rates higher...
Central Bankers Head To Wyoming Retreat Seeking Clarity On US Interest Rates
Powell will address the annual meeting of central bankers in the US state of Wyoming AFP Central bankers and academics from around the world have descended upon the town...
US Home Sales Cool As Mortgage Rates Remain High
Sales of existing homes in the United States cooled in July to an annual rate of 4.1 million, said the National Association of Realtors AFP Sales of homes in...
Asia Joins Wall St Rally On US Rates, China Hopes
Traders have been cheered by pledges from Chinese officials to unveil measures to boost the flagging economy AFP Markets rallied Monday, tracing another bump on Wall Street, where investors...
