India cuts rates for first time in nearly 5 years to boost growth as inflation eases
The Reserve Bank of India seeks to boost the sluggish economy and sees inflation easing towards its 4% target.
Indian shares inch higher after central bank delivers rate cut
By Bharath Rajeswaran (Reuters) -Indian shares inched higher on Friday after the Reserve Bank of India cut interest rates, as ...
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Average US long-term mortgage rate inches up to 6.93% this week for fourth straight increase
The average long-term U.S. mortgage rate ticked up again this week, remaining at its highest level since July. The benchmark 30-year fixed rate loan rate rose to 6.93% from 6.91% last week ...
Yahoo Finance18d
BOJ Heads Toward Rate Hike as Markets Take Trump in Stride
(Bloomberg) -- Bank of Japan Governor Kazuo Ueda is on track to raise interest rates to the highest level since 2008 on Friday, after global financial markets responded with relative calm to US Pr ...
The New York Times22d
Winter Storm Expected to Bring at Least 6 Inches of Snow to the Northeast
and less than three inches of snow between 2022 and 2023. Some areas could see snowfall rates of one inch per hour at times. Heavy lake-effect snow is also expected on the eastern shores of the ...
Sky23d
Run of bad economic data brings end to market turbulence and interest rate benefits as three Bank cuts expected for 2025
Traders are now pricing in three interest rate cuts in 2025, according to data from the London Stock Exchange Group. Earlier this week just two cuts were anticipated. But this changed with the ...
Business Insider24d
U.S. Housing Market Index Unexpectedly Inches Up To Nine-Month High In January
The average price reduction in January was 5 percent, unchanged from December. RELATED EXCHANGE RATES Indices ...
The New York Times24d
30-Year Mortgage Rate Rises Above 7% for First Time Since May
Source: Freddie Mac By The New York Times By Danielle Kaye The average rate on 30-year fixed-rate mortgages surpassed 7 percent for the first time since May, Freddie Mac reported on Thursday ...
Reuters25d
Bank Indonesia delivers surprise rate cut to support growth
"What had been our main concern was global uncertainty and its impact on the exchange rate," the governor said. "We have assessed that the current exchange rate is relatively stable and in line ...
CBS News26d
Why mortgage rates are still high despite the Fed rate cuts
Closing out the year on a positive note, mortgage rates fell by a full percentage point after the Federal Reserve delivered three consecutive rate cuts. The moves dropped the federal funds rate ...
Business Insider26d
Wall Street is starting to throw in the towel on another rate cut this year
Wall Street is starting to come to terms with a dwindling likelihood that the Federal Reserve will continue its rate-cutting cycle this year. After a blockbuster jobs report, some expect no cuts ...
Forbes27d
What To Expect For Mortgage Rates In 2025
(Photo by Bonnie Cash/Getty Images) Mortgage rates may decline somewhat in 2025 but the Federal Reserve currently expects interest rate cuts to be limited. Where mortgage costs trend from here ...