The Latest Breaking News from Interest Rates

Millennials face a housing market a lot like their parents experienced—with a dash of their early adulthood added, for good measure.

Market expectations have increased for global central banks to ease their aggressive monetary tightening campaigns and begin cutting interest rates this year. With inflation pressures expected to continue receding, the Federal Reserve, European Central Bank (ECB), and Bank of England (BOE) are expected to lead the push to lower interest...

With house prices bottoming out and banks competing for fixed-rate mortgages, now could be the time to get on the property ladder or secure a better deal on your existing loan.

The dollar index (DXY00 ) on Friday increased slightly by +0.03%. The dollar Friday was whipsawed in volatile trade. The dollar climbed to a 3-week high Friday morning after the stronger-than-expected U.S. Dec payrolls report dampened expectations that the Fed would soon cut interest rates. However, the dollar gave up...

U.S. employers added 216,000 jobs in December, as the unemployment rate held steady at 3.7%. The labor market proved resilient in 2023, despite rising interest rates.

While growth has slowed, the labor force defied fears of a downturn amid highest inflation levels in a generation

U.S. banks are anticipated to face pressure due to prolonged high interest rates, elevated deposit costs, diminished credit demand, and stringent lending standards. Therefore, it could be wise to look beyond borders and buy fundamentally strong foreign bank stocks Woori Financial Group (WF), Intesa Sanpaolo (ISNPY), and Shinhan Financial Group…

December data comes amid speculation over when European Central Bank will cut interest rates

The Fed sees interest rates staying high for some time with cuts eyed in 2024, though the path is highly uncertain. Amid this, let’s explore the power of these best bond ETFs, Vanguard Total Bond Market ETF (BND) and iShares Core 5-10 Year USD Bond ETF (IMTB), for immediate diversification…