Tag #Interest Rates

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Mortgage Rates Hit 10-Month Low, Boosting Housing Market

The average U.S. 30-year mortgage rate fell to 6.58%, its lowest in nearly 10 months, potentially boosting a stagnant housing market; applications surged 10.9% last week, primarily due to refinancing.

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32% Bias Score

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theguardian.com
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Trump Attacks Goldman Sachs CEO Over Tariff Prediction as Markets Rally

Donald Trump attacked Goldman Sachs CEO David Solomon for wrongly predicting that his tariffs would hurt the economy, claiming foreign entities absorbed most tariff costs, while the market rallied after inflation remained steady, defying expectations and prompting calls for a US interest rate cut.

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nbcnews.com
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U.S. Stocks Hit Record Highs Despite Trump Tariffs

Despite negative public opinion and concerns about small businesses, U.S. stock markets hit record highs following a July inflation report that showed less impact from President Trump's tariffs than initially feared, though the report showed increases in services like airfare and auto insurance.

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dailymail.co.uk
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Commonwealth Bank Profits Soar Despite CEO's Warning of Continued Borrower Hardship

Commonwealth Bank reported a record \$10.3 billion cash profit for 2024-25 despite CEO Matt Comyn predicting continued hardship for many borrowers; the Reserve Bank of Australia cut interest rates to 3.6 percent, and further cuts are anticipated.

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smh.com.au
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RBA Cuts Rates Amidst Concerns Over Declining Productivity

The Reserve Bank of Australia (RBA) cut interest rates, offering relief to homebuyers and businesses, but simultaneously downgraded its long-term productivity growth forecast to 0.7 percent, citing regulatory burdens and labor availability as key obstacles.

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52% Bias Score

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forbes.com
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Bitcoin Price Fluctuates Amidst Macroeconomic Uncertainty

Bitcoin's price briefly touched near its all-time high of $123,000 following a $12.2 trillion crypto announcement by President Trump, but then fell by almost 3% on Monday amidst uncertainty surrounding upcoming U.S. inflation data and potential Federal Reserve interest rate cuts.

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56% Bias Score

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nbcnews.com
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Mortgage Applications Surge 10.9% Amidst Refinance Boom

Driven by a 23% surge in refinancing and increased adjustable-rate mortgage (ARM) loan demand, total mortgage application volume rose 10.9% last week, with the average 30-year fixed-rate mortgage at 6.67% and 5/1 ARMs at 5.80%.

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36% Bias Score

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smh.com.au
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Global Stocks Surge on Rate Cut Hopes

US stocks rallied on Wednesday, driven by expectations of lower interest rates, with the Dow Jones up 0.9% and the S&P 500 rising 0.2%; this positive sentiment spread globally, affecting Asian and Australian markets, while concerns about inflation remain.

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36% Bias Score

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forbes.com
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SoFi Stock Surges on Easing Inflation and Crypto Launch, but Risks Remain

SoFi stock has surged to near $24, a 2.5x increase from April lows, driven by a crypto trading announcement and easing inflation, which suggests a potential Federal Reserve rate cut in September, positively impacting its lending business; however, competitive pressures and economic uncertainties rem...

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dailymail.co.uk
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RBA Cuts Interest Rates Again, Easing Mortgage Burden for Australians

The Reserve Bank of Australia cut interest rates by 0.25 percentage points to 3.6 percent on August 21, 2024, saving average borrowers $106 monthly on a $660,000 mortgage, driven by easing inflation and labor market conditions.

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36% Bias Score

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forbes.com
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Equity Markets Rally Despite Weakening US Economy

For the week ending August 8th, 2025, major US equity indexes showed strong gains despite a weakening economy indicated by slowing consumer spending, rising delinquencies, and significantly revised downward jobs data; the Federal Reserve's potential delay in lowering interest rates adds further unce...

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abcnews.go.com
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Trump's Tariff Delay Spurs Nikkei Record High

President Trump's 90-day delay of increased tariffs on Chinese imports caused a 2.6% surge in Japan's Nikkei 225 index, exceeding its previous record high, while other Asian markets showed mixed reactions; this creates uncertainty for businesses but also allows for further trade negotiations.

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48% Bias Score

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Showing 217 to 228 of 1,742 results