Tag #Interest Rates

Showing 181 to 192 of 981 results

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February Inflation Cools, Increasing Odds of Midyear Fed Rate Cut

February's CPI report showed decelerations in total CPI (2.8% year-on-year) and core CPI (3.1% year-on-year), increasing the likelihood of a Federal Reserve interest rate cut by midyear due to a tepid jobs report and trade uncertainties, while the CME FedWatch Tool indicates a high probability of a ...

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US Inflation Slowdown Sparks Wall Street Rally

US inflation unexpectedly slowed to 2.8% in February, causing Wall Street to surge, as investors anticipate further interest rate cuts by the Federal Reserve. The core CPI also fell to 3.1%, boosting market confidence despite some analysts' concerns about future inflation risks. European markets als...

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nbcnews.com
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Mortgage Rates Drop, Fueling 11.2% Surge in Applications

Last week, the average contract interest rate for 30-year fixed-rate mortgages decreased to 6.67%, the lowest since October 2024, resulting in an 11.2% week-over-week surge in total mortgage applications, with refinance applications climbing 16% and purchase applications rising 7%.

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cbsnews.com
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Mortgage Rates Fall for Seventh Week, Impacting Spring Homebuying Season

US 30-year mortgage rates fell for a seventh straight week to 6.63%, down from 6.76% the previous week, potentially boosting the spring homebuying season despite limited housing inventory and higher rates compared to the past decade.

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cbsnews.com
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Falling Inflation Spurs Interest in Home Equity Loans

US inflation fell to 2.8% in February, prompting consideration of home equity loans as a potentially cheaper borrowing option than personal loans or credit cards due to their lower (8.40%) and fixed interest rates, but borrowers are urged to proceed cautiously.

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euronews.com
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UK Job Vacancies Decline for 16th Month Amid Economic Uncertainty

UK job vacancies fell for the 16th straight month in February 2025 due to economic uncertainty and rising payroll costs, impacting various sectors and leading to slower salary growth and increased unemployment.

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cbsnews.com
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Inflation Eases Slightly in February, Remaining Above Fed's Target

February's inflation slowed to 2.8% annually, below forecasts but above the Federal Reserve's target, with grocery prices up 2.6% and egg prices surging 58.8%, suggesting persistent price pressures despite central bank efforts.

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theglobeandmail.com
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Bank of Canada Cuts Interest Rate Amidst US Trade War Uncertainty

On Wednesday, the Bank of Canada cut its policy interest rate to 2.75 percent, its seventh consecutive cut, largely due to high economic uncertainty caused by the US trade war and fluctuating policies, despite mixed economic indicators.

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elmundo.es
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ECB Rate Cuts Trigger Lower Returns on Spanish Savings Accounts

Following six interest rate cuts by the European Central Bank since June 2024, culminating in a 2.50% deposit facility rate, at least 12 Spanish financial entities have reduced returns on savings accounts, impacting savers but also creating opportunities in fixed-term deposits and other accounts.

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cbsnews.com
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US Inflation Falls to 2.8%, Affecting Interest Rates and Savings Strategies

US inflation dropped to 2.8% in February, the first decline since September, prompting speculation about future Federal Reserve rate cuts while highlighting the appeal of long-term Certificates of Deposit (CDs) as a savings strategy.

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theglobeandmail.com
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Dollar Recovers, but Tariff Concerns Persist

The dollar index (DXY00) rose 0.18% on Monday, recovering from early losses due to short-covering after a stock market selloff; however, concerns about US tariffs and economic transition weighed on the dollar, while lower T-note yields reduced its interest rate advantage.

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welt.de
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German Infrastructure Plan Triggers Surge in Construction Loan Rates

Germany's 500 billion Euro infrastructure plan, announced by the SPD and Union parties, has sharply increased 10-year construction loan interest rates to 3.6 percent, a seven-month high and the strongest weekly rise since the 2008 financial crisis, impacting homebuyers and potentially slowing the ho...

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Showing 181 to 192 of 981 results