Tag #Interest Rates

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smh.com.au
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RBA Holds Interest Rates Steady Amid Mixed Economic Signals

The Reserve Bank of Australia kept the official interest rate at 4.35 percent on December 6, 2023, following mixed economic data and amid expectations of a rate cut in early 2024.

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52% Bias Score

Reduced Inequality
cbsnews.com
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Home Equity Loans Offer Significant Advantages Before 2025

American homeowners with an average of over $300,000 in home equity can access home equity loans or HELOCs at ~8% interest, significantly lower than credit card rates, to fund home improvements, education, or debt consolidation before potential rate increases in 2025 and benefit from tax advantages.

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48% Bias Score

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theglobeandmail.com
🌐 85% Global Worthiness
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Global Markets Steady Despite Geopolitical Tumult

Global markets remained stable despite geopolitical risks, with oil prices rising and the dollar strengthening ahead of anticipated U.S. rate cuts, driven by robust jobs data and central bank policy expectations.

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44% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 85% Global Worthiness
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Nvidia's Stock Drop Weighs on US Markets Amidst Chinese Investigation

Nvidia's stock dropped 2.9 percent, pulling down US indexes from record highs following a Chinese anti-monopoly investigation; however, positive economic news from China and other market events created a mixed picture.

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36% Bias Score

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cincodias.elpais.com
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Spain's Mortgage Rates Hit Second-Lowest in Europe

As of late October, Spain had the second-lowest average mortgage interest rate in Europe at 3.2%, a decrease from a high of 3.94% in October 2023 and lower than the Eurozone average of 3.5%, driven by the ECB's policy changes and market anticipations, influencing borrowing costs and impacting the ho...

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44% Bias Score

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cbsnews.com
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Home Equity Loans: Credit Score Takes Precedence Over Fed Meeting Timing

The Federal Reserve's expected December interest rate cut may not drastically change home equity loan rates, as lenders often adjust offers preemptively; borrowers should prioritize improving their credit scores before applying.

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48% Bias Score

Reduced Inequality
cnbc.com
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UPS Stock Upgraded on Lower Rates, Economic Recovery

BMO Capital Markets upgraded United Parcel Service (UPS) stock to outperform from market perform, citing a projected return to low single-digit growth in business-to-business (B2B) volumes driven by lower interest rates and a recovering industrial economy, along with internal cost-cutting initiative...

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40% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 65% Global Worthiness
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Toronto Condo Resale Market Shows Signs of Life Amidst High Inventory

Toronto's condo resale market saw a 38 percent year-over-year sales increase in November 2024, driven by lower interest rates and decreased prices; however, high inventory levels and buyer hesitancy persist, hindering a robust recovery.

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36% Bias Score

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theglobeandmail.com
🌐 85% Global Worthiness
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G10 Central Banks' Rate Decisions to Trigger Heightened FX Volatility

In December 2024, almost every G10 central bank will announce interest rate decisions within 10 days, creating heightened FX market volatility due to uncertainties around US trade policy and geopolitical tensions, and potentially impacting investors' strategies.

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56% Bias Score

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abcnews.go.com
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Asian Markets Mixed After US Records, South Korea Tense

Asian markets saw mixed results Monday, with South Korea's Kospi down 2.3% after US stocks hit records Friday on a strong jobs report; South Korean President Yoon Suk Yeol faces uncertainty amid a reported police travel ban.

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40% Bias Score

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cbsnews.com
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Lock in High CD Rates Before December Fed Meeting

With the Federal Reserve likely to cut interest rates in December 2024, savers should consider opening a long-term CD now to lock in higher rates before lenders preemptively lower their offers, preventing holiday overspending and securing predictable returns.

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56% Bias Score

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edition.cnn.com
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"Trump Says He Won't Remove Federal Reserve Chair Powell"

"President-elect Donald Trump stated on NBC's 'Meet the Press' that he will not remove Federal Reserve Chair Jerome Powell, despite past threats and disagreements over interest rate policies."

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44% Bias Score

Decent Work and Economic Growth

Showing 1,549 to 1,560 of 1,661 results