Tag #Interest Rates

smh.com.au
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Sydney House Prices Fall Amidst High Interest Rates

Sydney house prices fell 0.1 percent in December, marking the first back-to-back quarterly decline in two years due to high interest rates and reduced borrowing capacity; however, unit prices reached a record high.

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44% Bias Score

Reduced Inequality
welt.de
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Low Stock Market Participation Persists in Germany Despite Efforts

In 2024, only 17.2% of Germans over 14 held stocks, down from previous years, due to risk aversion, economic uncertainty, and increased savings interest rates; despite this, younger investors (under 40) increased by 150,000.

Progress

44% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 65% Global Worthiness
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Toronto Real Estate Sees Unexpectedly Active Start to 2024

The Toronto-area real estate market is experiencing an unexpectedly active start to 2024, with increased seller activity and listings in various areas, driven by sellers' proactive approach in anticipation of potential market stagnation and spurred by recent interest rate cuts and loosened mortgage ...

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40% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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Strong US Jobs Report Impacts Canadian REITs

The unexpectedly strong U.S. jobs report in December (256,000 jobs added vs. 155,000 expected) caused Canadian REIT prices to fall 1-3 percent due to interest rate sensitivity; however, valuation models suggest most are at or near intrinsic value, with positive analyst forecasts for 2025.

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32% Bias Score

Decent Work and Economic Growth
cnbc.com
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Nasdaq Dip: Tax Strategies or Market Shift?

The Nasdaq Composite fell nearly 4% last week as the 10-year Treasury yield hit its highest level since 2023; however, some wealth managers believe this is a short-term correction due to tax-loss harvesting rather than the start of a downturn.

Progress

32% Bias Score

Reduced Inequality
bbc.com
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UK Borrowing Costs and Pound Stabilize After Turbulent Period

Following days of turbulence, UK government borrowing costs and the pound have shown signs of stabilizing, although the pound remains below $1.22 and gilt yields are near 17-year highs. Experts attribute the UK's heightened vulnerability to the 2023 Budget's fiscal policies.

Progress

40% Bias Score

Decent Work and Economic Growth
lefigaro.fr
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France Cuts Livret A Interest Rate to Boost Social Housing

The Banque de France Governor proposed lowering the Livret A interest rate to 2.4% and the LEP rate to 3.5% on February 1st, 2025, aiming to boost social housing and local authority financing, impacting 57 million Livret A holders and 11.8 million LEP holders.

Progress

40% Bias Score

Reduced Inequality
cbsnews.com
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Long-Term CDs Remain Advantageous Despite Interest Rate Cuts

Due to the Federal Reserve's interest rate cuts, CD returns have declined from 2024 highs; however, long-term CDs still offer superior returns compared to short-term options and other savings accounts, prompting a strategic approach for savers in 2025.

Progress

48% Bias Score

Reduced Inequality
dailymail.co.uk
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Interest Rates Rise to 25-Year High, Ending Era of Cheap Money

The cost of government borrowing has soared to a 25-year high, driven by a global bond sell-off and increased government spending, impacting mortgage and savings rates and challenging the expectation of continuously falling rates.

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60% Bias Score

Reduced Inequality
abcnews.go.com
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Global Bond Yields Surge, Impacting Borrowers and Savers

Bond yields have risen globally, increasing borrowing costs and impacting millions, while simultaneously offering higher returns for savers; the 10-year Treasury bond yield is at 4.8%, its highest in 14 months, impacting mortgages (6.93% average rate) and potentially the stock market.

Progress

36% Bias Score

Reduced Inequality
cnbc.com
🌐 75% Global Worthiness
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US Stock Market Correction Predicted Amidst Index Declines

US stock markets experienced a recent decline, with major indexes significantly below record highs; strategists predict a 5-10% correction, impacting investor sentiment and strategies; upcoming earnings and inflation will be key determinants of the market's future.

Progress

48% Bias Score

Reduced Inequality
lemonde.fr
🌐 65% Global Worthiness
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Limited Adoption of Interest-Bearing Current Accounts in Europe Despite 2005 Ruling

The 2005 European Court of Justice ruling allowing banks to pay interest on current accounts has seen limited adoption; while some online banks like Trade Republic offer rates up to 3%, the practice remains uncommon, with rates expected to fall as the European Central Bank lowers interest rates.

Progress

24% Bias Score

Reduced Inequality